Lending

Lending

Pananalapi

Babel Finance Raises $40M From Zoo Capital, Sequoia Capital, Tiger Global

The investment is the first foray into Asia's crypto finance industry for Zoo, BAI Capital and Tiger Global Management.

Dollars

Pananalapi

Notional Raises $10M to Grow DeFi Lending Protocol With ‘Real World’ Potential

The Ethereum-based lending startup is seeing users take out crypto loans for more than just yield farming.

Jeff Wu (left) and Teddy Woodward (right), co-founders of Notional Finance

Merkado

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.

Genesis Trading CEO Michael Moro speaks at Invest: Asia 2019.

Merkado

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.

CME Group Headquarters (CoinDesk Archives)

Merkado

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.

LoanMosh8

Pananalapi

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.

Abra CEO Bill Barhydt (CoinDesk archives)

Merkado

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.

Liquidations on Tuesday across major DeFi lending platforms.

Merkado

$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.

Screen Shot 2021-02-22 at 8.35.55 AM

Pananalapi

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.

Toronto

Pananalapi

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.

SBI Holdings