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MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users
8.5.2023
The initial iteration of the Spark Protocol will function as a lending platform, offering supply and borrow functionalities for cryptocurrencies ETH, stETH, DAI, and sDAI
Eligible Celsius users can withdraw all 'Distributable Custody Assets' following court approval
5.5.2023
Certain Celsius users, largely those who only ever held funds in custody accounts, had previously been limited to withdrawing up to 94% of their funds
NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity
5.5.2023
Blend, the name of NFT marketplace Blur’s new lending platform, allows traders to lease NFTs to bolster liquidity. However, concerns have been raised about its impact on broader NFT markets
How can AI be used to improve credit scoring?
5.5.2023
AI can analyze data for accurate risk assessment, reduce bias, automate tasks and personalize the lending experience for improved credit scoring
Mashinsky files motion to dismiss NY AG suits, says it ‘parrots misinformation’
3.5.2023
Former Celsius CEO Alex Mashinsky was charged with seven counts of fraud in connection with “false and misleading statements” about his company, among other things
Bybit launches Bybit Lending with hourly interest feature for lenders
3.5.2023
Holders of cryptocurrencies like BTC, ETH, and USDT, to mention a few, now have a chance to earn hourly interest with Bybit. This comes to light following an announcement by Bybit wherein Bybit has introduced a lending protocol that rolls out interest on lending every hour. Bybit Lending requires...
Blur NFT lending surpasses $16M in loans, led by Matchi Big Brother
2.5.2023
The milestone comes just one day after the protocol's launch on May 1
Paradigm and Blur Developers Announce Blend, a P2P NFT Lending Protocol – How Does it Work?
2.5.2023
The NFT marketplace Blur on Monday launched a new NFT-focused lending platform that operates without expirations and with no external price oracles like other lending platforms rely on....
Read More: Paradigm and Blur Developers Announce Blend, a P2P NFT Lending Protocol – How Does it Work?
UK Crypto Tax Advisors Welcome Proposed Changes to DeFi Lending, Staking Treatment
2.5.2023
The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users
ByBit joins crypto exchanges offering crypto lending services
2.5.2023
Dubai-based cryptocurrency exchange ByBit rolls out cryptocurrency lending service, joining a handful of major exchanges that offer interest-bearing lending facilities
Blur unveils Blend, a Peer-to-Peer Lending Platform
2.5.2023
Tieshun Roquerre, the cofounder of Blur, claimed that holders of non-fungible tokens, also known as NFTs, are constantly becoming NFT-rich while also becoming ETH-poor. The same venture has now come up with a borrowing-lending solution that resolves the issue. Blend, by Blur, is a product that...
Blur NFT lending protocol gets mixed reactions from the community
2.5.2023
Jesse Hynes, a Web3 lawyer, tagged the SEC and stated that this is the type of activity that they must safeguard investors from
Blur introduces NFT perpetual lending protocol
1.5.2023
Borrowing positions automatically roll their expiry, and can be refinanced should one party unilaterally decide to terminate
NFT Marketplace Blur Launches Blend, a Peer-to-Peer Lending Platform
1.5.2023
Short for Blur Lending, Blend will allow collectors to buy blue-chip NFTs with a smaller up-front payment, similar to a down payment on a house
US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023
30.4.2023
After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them predict a 25bps rate hike will occur during...
FDIC alleges Cross River engaged in 'unsafe' lending practices
30.4.2023
Cross River is yet to admit nor deny the allegations that it “engaged in the unsafe or unsound banking practices” related to its lending activity in 2021
UK Treasury seeks input on taxing DeFi staking and lending: Finance Redefined
28.4.2023
The UK Treasury is seeking input on taxing the DeFi space, and on provisions around staking and lending
UK Considers Taxation Revisions for DeFi Lending and Staking Activities – Here's The Latest
28.4.2023
According to a consultation document, the UK government is seeking views on tax modification for decentralized finance (DeFi) lending and staking.
The government has initiated an open consultation to gather insights for drafting improved tax legislation on DeFi transactions.
The consultation...
UK Treasury seeks input on taxing DeFi staking and lending
28.4.2023
The proposed regulatory changes seek to simplify how DeFi returns are taxed and reduce the “administrative burden” for taxpayers
Belgian Crypto Lender Bit4You Suspends Activities After Service Provider Declared Insolvent
27.4.2023
Bit4You learnt of CoinLoan's insolvency on April 24 and that it no longer has the necessary registration as a digital asset custodian