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Genesis director to step down and move into advisory role
28.9.2022
"My line is always open and I can’t wait to continue building and learning with all of you," says Ballensweig
FTX reportedly considers bailing out Celsius via asset bid
28.9.2022
Acquiring the assets of Celsius would imply FTX's intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4 billion
Celsius CEO Alex Mashinsky resigns
27.9.2022
"I am very sorry about the difficult financial circumstances members of our community are facing," writes Mashinsky
Nexo acquires stake in US chartered bank
27.9.2022
By acquiring a stake in the holding company that owns Summit National Bank, Nexo plans to expand its financial product offerings in the United States
DeFi Hub Umee Targets TradFi With Institutional Lending DAO
27.9.2022
The cross-chain lending protocol has raised almost $40 million since June 2021
DeFi lending protocol created by ex-QuadrigaCX co-founder surpassed $50M in TVL
26.9.2022
Michael Patryn was doxed earlier this year to be the co-founder behind DeFi project Wonderland, which collapsed shortly after
Merchant Crypto Payments: Clever Marketing or Signs of Real Adoption?
24.9.2022
Andrey Diyakonov is the Chief Commercial Officer at Choise.com, a MetaFi (CeFi/DeFi) ecosystem based on Crypterium CeFi solutions and Charism DeFi protocol.__________
Earlier this year, all the news about digital assets was about the ongoing crypto winter, the bankruptcy of lenders and other...
Crypto Biz: DID you see what Africa is doing with Web3?
23.9.2022
Decentralized identity services could play a vital role in promoting Web3 payments in emerging markets like Africa. This week's Crypto Biz has the latest
First Mover Asia: As the Fed Hikes Rates, Ether, USDC Lending Yield Pays Less Than T-Bills; Bitcoin Rises, Holds Over $19K
23.9.2022
First Mover Asia: The average yield one can expect for lending USDC via DeFi protocols is 0.98%; the current one-year Treasury bond is paying 4.08%
Maple Finance launches $300M lending pool for Bitcoin mining firms
20.9.2022
The institutional lending platform has facilitated $1.8 billion worth of digital currency loans since May 2021
DeFi Platform Maple Finance Aims to Help Struggling Bitcoin Miners With $300M Lending Pool
20.9.2022
The DeFi platform is launching its first fully-collateralized industry-specific lending pool as bitcoin miners are struggling to raise capital
Alameda Research ‘happy to return’ $200M loan to Voyager Digital
20.9.2022
The trading company will pay back the debt, which has fallen almost twice in dollar estimate, by the end of September
Thai SEC Proposes Banning Crypto Businesses From Staking and Lending Activities
17.9.2022
The Thai Securities and Exchange Commission (SEC) has proposed banning businesses from engaging in crypto staking and lending activities. The regulator is seeking public comments on the proposal, noting that the purpose of this prohibition is “to provide greater protection to investors...
Celsius requests permission to sell off its stablecoins
16.9.2022
The crypto lending firm intends to get the liquidity and support its operations with the funds from the sell-off
Crypto Lending Compmany Celsius Files for Permission to Sell Its Stablecoin Holdings
16.9.2022
Celsius currently owns 11 forms of stablecoins totaling approximately $23 million, according to disclosures
Thai SEC intends to ban crypto lending in the country
15.9.2022
The Securities and Exchange Commission of Thailand is preparing to take radical measures in the aftermath of the summer’s crypto lending platforms’ crashes
Thailand's SEC Bans Crypto Firms From Offering Staking and Lending Service
15.9.2022
Thailand's Securities and Exchange Commission (SEC) has banned crypto companies from offering staking and lending services, according to a release on Thursday
Fixed interest rates to create a DeFi 2.0 for institutions, says former bank exec
14.9.2022
In its latest seed funding Infinity Exchange investors allied behind the need for an increase in more secure institutional investment
Celsius CEO plans to restructure firm to focus on crypto custody: Report
13.9.2022
Alex Mashinsky reportedly made the announcement at a Sept. 8 meeting, at which Celsius discussed possible scenarios for its future after filing for bankruptcy in July
Celsius CEO Mulls Crypto Custody Pivot After Lending Business Imploded: Report
13.9.2022
Celsius CEO Alex Mashinsky recently proposed revamping the failed crypto lending business as a digital asset custody firm, according to a New York Times report