Lending

Crypto Lender Nexo Makes Strategic Investment in SEC-Licensed Broker-Dealer
The firm’s investment into Texture Capital may be aimed at limiting regulatory scrutiny when it seeks to expand in the U.S.

DeFi Lender bZx Suffers Hack for Reported $55M
bZx tweeted that a private key controlling the protocol’s deployment on Polygon and Binance Smart Chain was breached.

Coinbase Users Can Borrow Up to $1M With Bitcoin as Collateral
The crypto exchange’s customers can obtain cash via their PayPal or bank accounts.

DeFi Startup Notional Expands Fixed-Rate Lending Presence With V2 Upgrade
The crypto lending protocol’s second iteration brings an improved focus on security and liquidity.

Second-Biggest Mortgage Provider in US Stops Accepting Crypto Payments
United Wholesale Mortgage’s announcement comes only about six weeks after it said it would begin offering a crypto payment option via a pilot program.

Société Générale Applies for $20M MakerDAO Loan Using Bond Token Collateral
One of the largest banks in France is working with one of the largest protocols in DeFi on a historic step toward institutional adoption.

Pawn Your CryptoPunk: A New NFT DeFi Lending Market Blooms
Startup NFTfi is bringing collateralized lending to the fast-growing market for non-fungible tokens, providing a gateway to DeFi for retail investors.

Clearpool Raises $3M to Build Decentralized Capital Markets on Ethereum
The project will use the capital to further its protocol and launch additional features.

DeFi and the 3 Cs
The purely collateral-based type of lending practiced so far in decentralized finance has limitations. Reputation systems may widen the possibilities.

Coinbase Has Words for the SEC. Is It Listening?
The crypto exchange says a surprise legal warning came after months of transparency about its lending plans.

