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Nalezeno "Crypto lender": 350

Crypto Lender Ledn Processes Over $1 Billion Loans in First Half of 2024


Ledn, a crypto lending platform, announced that it has processed over $1.16 billion in loans during the first half of 2024. This includes a notable 29.8% quarter-over-quarter growth in retail lending, driven by investor strategies and market dynamics such as the recent Bitcoin halving and the rise...

Genesis Returns $2.2B in Crypto Assets to Lending Program Participants


Defunct crypto lender Genesis distributed $2.18b worth of crypto to 232,000 users enrolled in Gemini Earn, an interest-accruing lending program. The distribution followed a New York bankruptcy judge approving the Chapter 11 plan last week. The post Genesis Returns $2.2B in Crypto Assets to Lending...

Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers


Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, overruling an objection from its equity owner, Digital Currency Group...

Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts 


The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the firm. Blockfi said that it has partnered with Coinbase to help facilitate the execution of withdrawals to eligible Blockfi customers. Blockfi Collaborates With Coinbase...

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