Lending

Lending

Markets

$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

Finance

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

Finance

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

Finance

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.

Gemini ad

Finance

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.

Genesis CEO Michael Moro

Finance

Why Celsius Thinks CEL Won't Receive the Same SEC Treatment as XRP

In an interview with CoinDesk TV, CEO Alex Mashinsky explained why CEL has drawn recent interest from altcoin investors.

(Shutterstock, modified by CoinDesk)

Finance

Babel Finance Is Letting Crypto Mining Firms Use Machines as Loan Collateral

A clever way for bitcoin miners to get better loan terms.

Cryptocurrency mining machines

Finance

Here Comes the Open Lending Era

Open lending grew from a fringe use-case to a burgeoning engine powering the next phase of the digital economy, says the CIO of Bicameral Ventures.

alex mcdougall

Finance

DeFi Startup Brings Corporate Lending Terms to Miners, Traders and Market Makers

Maple Finance is a new firm out of Australia releasing a token-governed platform for institutional lending.

tamas-pap--qdc4SU3K08-unsplash

Markets

Spring Labs Develops Data-Sharing Network for US Home Energy Projects

Firms handling loans for home energy projects in California, Florida and Missouri are using a blockchain system from Spring Labs that could save up to $10 million in fraud.

Residential solar