Lending
How Fund Managers View Lending and Staking: 3 Takeaways From a CoinDesk Research Webinar
In December, we invited two fund managers, both long bitcoin and other crypto assets, for a CoinDesk Research webinar on lending and staking. Jordan Clifford of Scalar Capital and Kyle Samani of Multicoin Capital joined us to discuss how they evaluate risk and returns in crypto lending and staking, what crypto assets' risk-free rate might look like, and what DeFi needs to do to attract investors and new users.
BlockFi Adjusts Interest Rates to Lure Larger Crypto Deposits
BlockFi recently announced it would make changes to the interest they pay for bitcoin and ether deposits.
Bitfinex Investor's Crypto Lending Startup Posts $2.3M in 2019 Revenue
China-based RenrenBit has disclosed it took $600,000 in net income from revenue of $2.3 million in 2019.
BlockFi Adds Litecoin, USDC to Its Lending Product Suite
The initial annual percentage yield will be 8.6 percent for USDC and 3.78 percent for litecoin.
Stack Overflow VP Joins Crypto Lending Firm as Chief Product Officer
Crypto lending firm Unchained Capital has hired Will Cole of the Wyoming Blockchain Task Force as its new chief product officer.
Crypto Lender BlockFi Rolls Out Zero-Fee Trading for Bitcoin, Ether, GUSD
BlockFi, the cryptocurrency lending service, is expanding into trading with an unusual, zero-fee model.
Bitcoin IRA Is Letting Customers Lend Out Their Crypto Retirement Funds
The digital asset IRA company will offer interest on cryptocurrency and cash holdings that customers want to lend out.
Lending Protocol Founders to Launch 'Neo-Bank' Offering Interest on USDC
The founders of Nuo are launching Juno, which will offer a smart-contract wallet with 5.5 percent interest on USDC in a bid to attract retail users.
Crypto Lender Dharma Pivots to Stablecoin Savings Accounts
Dharma is getting out of the lending business, launching its V2 on the Compound protocol and focusing on savings accounts for DAI and USDC.
Silvergate Bank Eyes Crypto-Backed Loans for Institutions
Silvergate Bank, one of the cryptocurrency industry's few go-to financial service providers, is planning to become a crypto lender.
