Lending
DeFi Pushes ETH Loans at Genesis to New Highs as BTC Rates Drop
ETH loans now make up 27% of Genesis’ loan book, as hedge funds get more comfortable with DeFi.
Here's How the Archegos Debacle May Have Spilled Over to Bitcoin
The difference between bitcoin futures premium on CME and other crypto exchanges has widened since the end of March, when Bill Hwang’s troubles surfaced.
Why Genesis, BlockFi, Ledn Are Cutting Interest Rates on Large-Scale Bitcoin Deposits
Genesis is cutting bitcoin deposit rates effective Thursday, following BlockFi's reduction last week.
Trading Platform Abra Will Now Lend Fiat Money for Crypto Collateral
Abra Borrow will initially be available in 35 U.S. states, as well as globally.
DeFi Lending Platforms Liquidate Record $115M in Loans as ETH Price Drops
You can send an Ethereum transaction, or you can buy yourself a steak dinner.
$25M in DeFi Loans Liquidated as Ether Price Falls
The three-month high liquidation volume comes as Ethereum fees in dollar terms set a new record mark of $29 per basic transaction.
Canadian Crypto Lender Ledn Raises $2.7M for Emerging Markets Expansion
After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets.
Japan’s SBI Adds XRP to Cryptocurrency Lending Service
Users of SBI's cryptocurrency exchange can lend XRP for a return of 0.1% per annum.
Gemini Partners With Crypto Lender Genesis to Offer 7.4% Yield on Customer Deposits
The product is part of Gemini’s attempt to bring in new crypto investors with bank-like products.
Traditional Lenders Extended Millions in Loans to the Crypto Space Through Genesis in Q4
The average loan size for a first-time lender on the platform is $3.2 million, Genesis said.
