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Gate.io Lend & Earn Reaches New Heights with $500M in Loaned Assets
8.12.2023
Dec. 8th, Panama，Panama City – Gate.io, a leading crypto exchange and Web3 innovator, has announced a significant milestone for its crypto lending platform, Lend & Earn. The platform has reached an all-time high of over $500 million in capital committed by lenders, with nearly a quarter...
Crypto Loans Platform Nexo Integrates Koinly to Ease User Tax Obligations
1.12.2023
Source: iStock Images Nexo, a lending platform that provides instant crypto loans, has partnered with Koinly to simplify user’s tax reporting. Effective November 30, 2023, the collaboration enables Nexo users to easily generate tailored crypto tax reports. A company statement said that...
High Court Orders Liquidation of Hodlnaut Crypto Lending Platform – 17,000 Users Impacted
11.11.2023
Source: Hodlnaut The Singapore High Court has ordered cryptocurrency lending platform Hodlnaut to undergo liquidation, as stated in a court document dated November 10. The court has appointed Aaron Loh Cheng Lee and Ee Meng Yen Angela, both from corporate advisory firm EY, as the joint liquidators...
Ex-Cantor execs launch crypto lending platform in expectation of Bitcoin ETFs
8.11.2023
The new platform Tokenet hopes to capitalize on institutional interest following the potential approval of a spot Bitcoin ETF
Coinbase launches crypto lending platform for US institutions
6.9.2023
Coinbase’s new institutional lending service has the same operating entity as Coinbase Borrow, which halted issuance of new loans in May
Australia-Based Crypto Lender Sentenced for False Credit License Claims
21.8.2023
The Australian securities regulator recently revealed that the crypto lending platform Helio pleaded guilty to the allegation of falsely claiming to be a holder of the Australian Credit License (ACL). For admitting to committing the offense, Helio is said to have entered...
Crypto Billionaire Justin Sun's Huobi-Linked Exchange WhiteBIT Raises Concerns Over Its Lending Platform
16.8.2023
An obscure exchange with connections to Justin Sun, WhiteBIT, has sparked concerns after advertising a staggering Annual Percentage Yield (APY) of 24.8% to users depositing Tether (USDT) for a year on its lending platform, Protos reported.
This rate is five times higher than the average USD money...
Solana-Based Crypto Lending Platform Jet Pivots to Fixed-Rate Term Lending
22.6.2023
The project's new model uses an order book to match borrowers and lenders, relying on a market-based mechanism to set interest rates
Crypto lender Delio to resume withdrawals after counterparty contagion
19.6.2023
"We will come up with a plan to recover the loss," said company officials
South Korean Bitcoin lending platform Delio pauses withdrawals
14.6.2023
The virtual asset manager and lending platform suspended withdrawals following challenges at Haru Invest, a similar entity
Ex-Sushi CTO Led NFT Lending Platform Astaria Rolls Out to Public
25.5.2023
After months in a closed beta, the NFT lending platform has witnessed the highs and lows of its competitors in the space and aims to boost NFT market liquidity while protecting the interests of lenders and borrowers
Lending Platform Atlendis Deploys Upgrade on Polygon, Opens $2M Lending Pool for Banxa
16.5.2023
Atlendis Labs is a blockchain-based credit marketplace that offers revolving credit lines for small and medium-sized businesses and fintech firms
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
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...
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
Lending Platform Maple Prepares New U.S. Treasury Pool; MPL Token Rises 23%
11.4.2023
Maple’s new pool will allow accredited investors, corporate treasuries based outside of the U.S. to invest in U.S. treasury bonds on-chain, CEO Sid Powell said in a community call
Pine Protocol NFT lending platform Now airs live on Polygon Network
5.4.2023
Pine Protocol recently announced the launch of its NFT Lending Platform on Polygon. Polygon Labs released an official tweet to inform users about the launch. Polygon boasts the second-highest market cap when it comes to NFTs. Thus, the integration allows Pine Protocol to access Polygon’s...
Lending Platform MakerDAO Approves ‘Constitution,’ Moves Forward With ‘Endgame’ Plan
27.3.2023
The approved proposal aims to set a new foundation for the largest decentralized lending protocol’s major restructuring called “Endgame.”
Bankrupt Crypto Lending Platform BlockFi Faces Potential $227 Million Loss in Uninsured Funds at Silicon Valley Bank – What's Going On?
11.3.2023
Bankrupt crypto lender BlockFi has $227 million in uninsured funds stuck in an account maintained by failed lender Silicon Valley Bank.
According to a March 10 filing by the Justice Department, BlockFi has $227 million parked in a money market mutual fund, which isn’t insured by the Federal...
Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether
13.2.2023
The exploiter is probably earning yields on staked cryptocurrency