Lending

Celsius Network Files Draft S-1 Form to Take Its Mining Unit Public
The filing is expected to become effective after the SEC completes its review process, subject to market and other conditions.

Jane Street Dives Into DeFi With $25M USDC Loan
The Wall Street trading firm made its first DeFi investment last month, backing decentralized lending protocol Bastion.

Crypto.com Slashes Card Rewards, CRO Drops 11% as Community Reacts
In addition, staking rewards would no longer be offered to cardholders after the completion of the current 180-day period.

NBA Top Shot Whale Launches NFT Lending Platform With $4.5M in Funding
Flowty is a peer-to-peer NFT lending platform built on the Flow blockchain.

RociFi Labs Raises $2.7M to Enable On-Chain Credit Scoring for DeFi
The P2P lending protocol uses on-chain data, machine learning and decentralized identity information to calculate a non-fungible credit score for potential borrowers.

Katie Haun’s New Fund Joins $10M Round for Polkadot Lending Protocol Moonwell
The project will enable users to take out over-collateralized loans on Polkadot’s EVM-compatible Moonbeam parachain.

DeFi Platform Aave Lauches Version 3 With Cross-Chain Swaps Front and Center
The latest version of the Aave protocol focuses on risk management and capital efficiency.

NY Fed Staffer Jumps Into DeFi as Euler COO
A permissionless lending protocol has brought on a former Federal Reserve employee in a key position.

Lender Beware: The Potential DeFi Tax Trap
Uncle Sam may collect tax on every loan and repayment of cryptocurrency, which may catch users by surprise, creating a tax trap that could impair the rapidly emerging DeFi industry. This piece is part of CoinDesk's Tax Week.

BlockFi Will Pay $100M in Settlement With SEC, State Regulators Over High-Yield Accounts: Report
The company has been under investigation since at least November over the lending product, which offers yields as high as 9.5%.

