Lending

Some Numbers That Show Why Yield Farming COMP Is So Seductive
COMP has created a sudden craze for "yield farming." Here are three scenarios illustrating the risks and rewards of DeFi's latest trend.

Following COMP's Surge, DeFi Platform Balancer Begins Distribution of BAL Tokens
Balancer Labs, the maker of an automated portfolio management tool, has confirmed to CoinDesk it has begun distribution of its BAL token.

Genesis Trading Buys Crypto Custodian Vo1t in Bid to Become Prime Broker
Digital currency trader and lender Genesis Global Trading is moving toward full-service prime brokerage with the acquisition of crypto custodian Vo1t.

BlockFi Hires Credit Suisse, Prudential Execs to Drive Global Expansion
Crypto lender BlockFi has hired two execs from traditional finance to help launch a bitcoin rewards card and build out business teams in Europe and Asia.

Genesis CEO Details 'Black Thursday' Chaos in Q1 Lending Report
Crypto lender Genesis Capital increased its loan book to $649 million during a tumultuous Q1 marked by wild fluctuations in the price of bitcoin.

Crypto Lender Celsius Taps Chainlink's Price Oracles for Interest Rate 'Decentralization'
Celsius Network has teamed up with oracle provider Chainlink to make the price feeds it uses to calculate asset interest rates less centralized.

Crypto Lender Cred Is Offering Investors 10% Interest With Spencer Dinwiddie Partnership
Crypto investors can "pledge" five different cryptos, including two stablecoins, to Cred and earn up to 10 percent interest in a new partnership with NBA star Spencer Dinwiddie.

MakerDAO Adds USDC as DeFi Collateral Following 'Black Thursday' Chaos
MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above its dollar peg.

Thursday’s Market Madness Strained Ethereum’s Killer App: DeFi
So many people were trying to use the Ethereum blockchain during Thursday’s market meltdown that many applications simply stopped working as intended.

MakerDAO Debts Grow as DeFi Leader Moves to Stabilize Protocol
MakerDAO is not pursuing its emergency shutdown option although the amount of uncollateralized dai continues to grow.

