Lending
DeFi Leader MakerDAO Weighs Emergency Shutdown Following ETH Price Drop
A large drop in the price of ether is testing the feasibility of Ethereum's entire system of lending and borrowing.
Figure Technologies Securitizes $150M of Home Equity Loans on Blockchain
The deal may serve as a showcase for DLT’s benefits to Wall Street at a time when such use cases no longer generate the same buzz as five years ago.
Blockchain.com Wallet Users Can Now Borrow Against Their Crypto Holdings
Users can borrow U.S. dollar-denominated stablecoins against bitcoin in their wallets.
BitGo Reveals Bitcoin Lending Push; $150M Booked So Far
With big banks still mostly eschewing the 11-year-old digital-asset industry, a new breed of lenders is stepping into the void to meet the demand. Enter BitGo.
Crypto Lender Babel Hits $380M in Outstanding Loans
Chinese cryptocurrency lending startup Babel Finance said it has reached a record of $380 million in outstanding loans as of February.
Compound Extends DeFi Ethos to Itself, Launches Governance Token
DeFi platform Compound is launching the testnet of a new platform today for decentralizing the site's governance.
Here’s Why Interest Rates on Cryptocurrencies Could Be a Game-Changer
The growth in crypto lending platforms is giving birth to a new type of valuation metric: interest rates.
DeFi Project bZx Exploited for Second Time in a Week, Loses $630K in Ether
The attacker manipulated price feeds in order to create and profit from an under collateralized loan.
Mind the Gap: Why ETH Price and DeFi Adoption Aren't in Sync
Demand for DeFi lending services built on ethereum shows a pattern of inverse relationship to the price of ETH. When ether prices are falling, the amount of ETH locked in DeFi tends to rise. Most recent data indicate the relationship operates the other way, too.
Bitcoin Lender BlockFi Raises $30M in Series B Led by Peter Thiel's Valar Ventures
Having Hong Kong-based HashKey as an investor will help BlockFi expand into Singapore later this year, said CEO Zac Prince.
