Lending
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.
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.
