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Whales prepare for next altcoin rally, DeFi is ‘waking up’ — Finance Redefined
5.8.2024
Crypto whales are positioning themselves for the next “altcoin season,” while DeFi loans are seeing a resurgence back to 2022 highs
Crypto Lender Ledn Processes Over $1 Billion Loans in First Half of 2024
2.8.2024
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...
Crypto Lender Ledn Handed Out $1.16B Worth of Loans in First Half of 2024
1.8.2024
The platform witnessed a 29.8% jump in retail lending between the first and second quarters
DeFi is ‘waking up again’ — Active loans return to 2022 levels
1.8.2024
DeFi lending and total value locked is recovering, but many related tokens are still at bear market lows
DeFi is ‘waking up again’ — Active loans return to 2022 levels
1.8.2024
DeFi lending and total value locked are recovering, but many related tokens are still at bear market lows
Fake ‘professors’ use phoney loans to trick victims in latest crypto scam
17.7.2024
The scam often starts on a Facebook ad where those interested click the link and are met with a “Letter from the Professor” or “Letter from the Dean” on the company website
Fake ‘professors’ use phoney loans to trick victims in latest crypto scam
17.7.2024
The scam often starts on a Facebook ad where those interested click the link and are met with a “Letter from the Professor” or “Letter from the Dean” on the company website
DeFi Giant Curve Roiled as Founder's Loans Get Liquidated; CRV Slides 30%
13.6.2024
Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins against $140 million in curve tokens
Rise of Crypto Loans: A dramatic and unprecedented event
10.6.2024
The Aave V3 protocol is approaching $6 billion in loans, and it is a clear indication of the maturity of decentralized finance strategies. The rapid growth of crypto loans is well-documented, as evidenced by their vast quantity. According to the latest industry reports, onchain borrowings exceeded...
Galaxy Digital loans multimillions against tokenized Stradivarius violin
5.6.2024
The co-founder of Animoca Brands purchased the violin at an auction for over 9 million dollars. According to the Animoca cofounder, it is just the beginning of a journey for Empress Caterina and special real-world assets. The Vice President of Galaxy Digital said that tokenization of physical...
FTX-Alameda casualty Maple Finance launches institutional lending
3.6.2024
Maple Finance launches Syrup, a DeFi protocol offering secured institutional lending, amid lingering skepticism from the FTX-Alameda fallout
Crypto Lender Ledn Sees Strong Q1 Performance with $690M in Loans, Driven by US Spot Crypto ETF Adoption
9.5.2024
Crypto lender Ledn revealed loans statistics for the first quarter on Thursday, surpassing all previous quarters since its inception in 2018.
The post Crypto Lender Ledn Sees Strong Q1 Performance with $690M in Loans, Driven by US Spot Crypto ETF Adoption appeared first on Cryptonews
Ledn First-Quarter Loans Top Record $690M as Lending Market Snaps Back
9.5.2024
Crypto lender Ledn processed more than $690 million in loans during the first quarter, its most successful quarter since the firm's inception in 2018
Hedgey Finance Suffers Dual Exploits, Losing $44.7 Million in Funds
19.4.2024
Hedgey Finance exploits have rocked the DeFi platform, resulting in a $44.7 million loss. Hackers targeted the Token Claim Contract across Ethereum and Arbitrum networks, utilizing flash loans to drain funds. Explore the aftermath, ongoing investigations, and the platform's response to these...
Homium Raises $10M and Tokenizes Home Equity Loans on Avalanche
16.4.2024
The loans are currently live in Colorado and plan to extend to other states
Curve Founder Nearly Liquidated During Weekend Crypto Crash
16.4.2024
Curve's founder has 30% of the entire CRV supply trapped in loans on the brink of liquidation.
The post Curve Founder Nearly Liquidated During Weekend Crypto Crash appeared first on Cryptonews
Ethereum-based loans witness increased liquidation in April
15.4.2024
In the initial two weeks of April, Ethereum-based loans witnessed growing liquidation, whereas crypto prices made a reasonable comeback after a very recent selling-off. In the case of Ethereum, it seemingly encompasses almost the entire lending scenario. As per The Block’s data dashboard, almost...
Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans
10.4.2024
The Central Bank of Nigeria has barred the use of foreign exchange as collateral for local currency loans. In its April 8 letter addressed to banks, the CBN warned of severe consequences for banks that fail to comply with the latest directive. Halting the Slide of the Naira Hamstrung by ongoing...
China’s Shandong Province Introduces Digital Yuan Loan for Entrepreneurs
11.3.2024
Shandong Province offers entrepreneurs digital yuan loans, indicating China's push for digital economy amidst discussions on legal frameworks at the ongoing national legislative conference.
The post China’s Shandong Province Introduces Digital Yuan Loan for Entrepreneurs appeared first...
Crypto Lender Ledn Now Offers ETH-Backed Loans to Meet Growing Demand
28.2.2024
Canada-based Ledn announced Wednesday that it now offers loans backed by Ether, in response to significant client demand for the service. They begin with an annual interest rate starting at 10.4%.
The post Crypto Lender Ledn Now Offers ETH-Backed Loans to Meet Growing Demand appeared first...