Lending

Lending

Finance

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.

Nexo co-founder Antoni Trenchev speaks at Consensus 2019. (CoinDesk archives)

Finance

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.

(Shutterstock)

Finance

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.

Coinbase Posts $1.9B in Q2 Transaction Revenue, Beating Estimates

Finance

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.

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Finance

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.

(Shutterstock)

Finance

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.

maker, dao

Markets

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.

pawn-shop

Finance

Clearpool Raises $3M to Build Decentralized Capital Markets on Ethereum

The project will use the capital to further its protocol and launch additional features.

(Jeremy Bezanger/Unsplash)

Markets

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.

Daniel Thomas/Unsplash

Finance

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.

WASHINGTON, DC - DECEMBER 09:  (L-R) Chairman of the Commodity Futures Trading Commission Gary Gensler, Federal Reserve Board Chairman Ben Bernanke and U.S. Secretary of the Treasury Jacob Lew share a moment during a Financial Stability Oversight Council (FSOC) meeting December 9, 2013 at the Treasury Department in Washington, DC. Members of FSOC met to discuss cybersecurity and receive a presentation from the Office of Financial Research on financial market developments.  (Photo by Alex Wong/Getty Images)