Search
Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours
30.7.2020
The decentralized finance (defi) realm continues to heat up with concepts like yield farming, but another scheme called defi flash loans has also grown exponential. On Monday, the noncustodial lending protocol Aave issued $138 million in loans with zero collateral. Since the last week of June, defi...
Mempool Manipulation Enabled Theft of $8M in MakerDAO Collateral on Black Thursday: Report
22.7.2020
New research suggests March’s “Black Swan” event for Ethereum may have been a sophisticated plan to cash in on a global sell-off
A Polkadot-Based Project Wants to Unlock Staked Coins for DeFi Collateral
22.7.2020
A new project building on Polkadot received an investment of $600,000 to build liquid staking, a way of unlocking liquidity devoted to proof-of-stake
DeFi Lending Platform Enables No-Collateral Loans With New Feature
7.7.2020
The Aave decentralized finance protocol new feature lets users borrow money without posting collateral
Gold Industry Shaken as 83 Tons of Fake Gold Bars Used to Secure $2 Billion Loans in China
1.7.2020
The gold industry has been shaken after it was discovered that 83 tons of fake gold bars have been used as collateral for loans worth 20 billion yuan from 14 financial institutions to a major gold jewelry manufacturer in Wuhan, China. This amount of gold “would be equivalent to 22%...
Cosmos-Based Interoperable DeFi Project Launches on Mainnet With BNB Collateral
10.6.2020
The Kava decentralized finance project has launched on the Cosmos blockchain, giving users the ability to put BNB for collateral to receive its stablecoin, USDX
MakerDAO Up By 30% After Vote For ‘Real-World’ Loan Collateral
10.6.2020
MKR is up 30% in 24 hours following the MakerDAO community’s vote in favor of introducing tokenized “real-world” assets as collateral for Dai loans
MakerDAO Weighs Accepting Real-World Assets as Crypto Loan Collateral
4.6.2020
Decentralized finance (DeFi) may soon boast a real-world use case as MakerDao considers accepting freight invoices as collateral for DAI loans
External Custody for Crypto Derivatives Aims to Make Collateral Transfers Faster
14.5.2020
Crypto derivatives platform Deribit launched a new external custody solution designed to reduce auto-deleveraging risks amid tumultuous markets
Spotify-like Subscription Model Proposed For Collateral Payments
14.5.2020
A protocol funded by Web 3.0 Foundation aims to reduce crypto collateral by switching from a one-off relationship to a subscription model
As the Old Dai Shuts Down, Maker Must Deal With Centralized Collateral Risk
13.5.2020
With the shutdown of Sai, centralized collateral on Maker is once again being criticized
MakerDao Brings Bitcoin to the Ethereum Blockchain
3.5.2020
MakerDAO governance token holders voted to accept wBTC as the fourth collateral asset in the Maker DeFi Protocol
Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin
22.4.2020
While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a...
TRON is Now Available on Bidao Chain; Looks to Implement TRX as Collateral Asset
20.4.2020
TRON will now be available on the Bidao Chain DeFi ecosystem, CEO Justin Sun tweeted on Monday. He further added that the ecosystem is secured by Chainlink price oracle and that the partnership will let TRX to be used as a collateral asset in the future. ???? Now #TRX is available on @Bidaochain’s...
DeFi Experiment: A Loan Issued With Ethereum Domain Name as Collateral
17.4.2020
NFT-backed loan provider Rocket LP DAO has signed off the first loan in history that for a collateral has only an Ethereum domain name.
In a Medium post, director of operations at Ethereum Name Service (ENS), Brantly Millegan, says that he received the world’s first ENS-backed Non-fungible token...
First Loan Ever Issued With Ethereum Domain Name as Collateral
17.4.2020
Rocket announced their first loan using an Ethereum domain name as collateral
‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation
15.4.2020
The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi...
What Makes DeFi Decentralized? Rune Christensen on Centralized Collateral and Decentralizing Make
7.4.2020
Crypto projects often struggle to balance decentralization with pragmatism, and Maker and its founder Rune Christensen are no exception
Retail Investors Can Now Use Paxos Gold as Collateral Against Loans
25.3.2020
The Nexo platform now allows retail investors to use Paxos Gold tokens as loan collateral
10 Loan Providers Taking Crypto as Collateral, If You Think the Time Is Right for Hodling
21.3.2020
If you are not ready to part with decentralized money, at a time when prices are relatively low, but need some fiat cash to cover costs in times of crisis, crypto-backed loans are a working solution. A number of platforms offer this type of service and their popularity is growing among...