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Singapore to require crypto firms to put user assets into trusts by year-end
3.7.2023
MAS is also working to restrict crypto service providers from facilitating lending or staking for retail customers, but not for institutional ones
Thai SEC bans the use of customer crypto assets for lending and investment
3.7.2023
Investor protection regulations have been under discussion since September 2022 amid the crypto lending crisis that saw firms such as BlockFi and Celsius declare bankruptcy
Maple Finance announces direct lending to fill the void left by BlockFi, Celsius
28.6.2023
The lending platform’s team will begin offering loans directly to some borrowers instead of relying solely on pool delegates to provide capital
Maple Finance Expands to Direct Lending Targeting Web3 Firms
28.6.2023
The firm aspires to fill the gap in crypto lending left by the implosion of centralized lenders such as BlockFi and Genesis
Will $30K be a new springboard for Bitcoin bulls?
27.6.2023
Bitcoin margin and futures markets display strength as institutional appetite surges after multiple spot ETF requests
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase
26.6.2023
The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger with peer USBTC
SEC waives BlockFi's $30M fine until creditors are paid
23.6.2023
The U.S. SEC was at the top of BlockFi creditor's list with a $30 million settlement balance from February 2022
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
Anticipation Builds as US Central Bank Eyes Two More Rate Hikes, Targeting 5.6% by Year-End
20.6.2023
After the U.S. central bank refrained from boosting interest rates last week, investors now anticipate two more hikes that may elevate the federal funds rate to 5.6% by the year’s end, climbing 50 basis points (bps) from its present level. CME’s Fedwatch tool indicated on Tuesday that...
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
Crypto Firm Abra Said to be Insolvent in Texas State Regulators’ Cease-and-Desist Order
16.6.2023
According to an emergency cease-and-desist order from the Texas State Securities Board, the cryptocurrency firm Abra is “insolvent or nearly insolvent.” The filing alleges that a group of state securities regulators has been investigating Abra, and the working group interviewed William...
Curve Finance Founder Deposits $24M CRV into Aave to Safeguard $65M Stablecoin Loan
12.6.2023
Curve Finance founder Michael Egorov has deposited $24 million worth of Curve DAO (CRV) tokens to decentralized lending platform Aave to mitigate against liquidation risk on a $65 million stablecoin loan
Louis Vuitton’s Soulbound Luxury NFTs, Apple’s Expensive Vision
9.6.2023
Sotheby’s will sell Dmitri Cherniak's “The Goose” NFT at a live auction this month, while Mercedes Benz released a collection inspired by its luxury vehicles
IMF Urges Fed to Maintain Tightening Policy Amid Inflation Concerns, Citing ‘Challenges’ Ahead
9.6.2023
On Thursday, International Monetary Fund (IMF) spokesperson Julie Kozack urged the U.S. Federal Reserve and several other central banks to maintain a restrictive monetary policy known as tightening. Kozack stated that the U.S. central bank may need to keep the federal funds rate higher “for...
Cosmos-based DeFi lending protocol Nolus joins Cointelegraph Accelerator
8.6.2023
Nolus’ DeFi lending protocol aims to onboard more people by solving collateralization inefficiencies
NFT Lending Is Trending, Raising Concerns of ‘Predatory’ Platform Behavior
7.6.2023
Amid an extended crypto winter that has cooled NFT trading, platforms like Blur, Binance and Astaria have introduced new lending options to boost liquidity. While some traders support NFTfi, others say the trend is risky
Blur Dominates NFT Lending Market With 82% of All Loan Settlements Across the Sector, Dappradar Study Reveals
27.5.2023
A recent study by Dappradar discloses the May loan volumes for non-fungible tokens (NFTs) reached a high of $375 million. The findings emphasize the significant influence of Blur within the NFT lending market, as the NFT marketplace platform constitutes 82% of the entire value settled in the...
Nike Trips Up .SWOOSH Launch While Bitcoin NFTs Soar
26.5.2023
Nike’s .SWOOSH NFT drop was filled with missteps, while a Bitcoin NFT collection topped the charts and NFT lending is gaining momentum with Binance and Astaria entering the market
Blend Seizes 82% of NFT Lending Market Share: DappRadar
25.5.2023
Since NFT lending marketplace Blend launched May 1, it has amassed 169,900 ETH, or about $308 Million in volume
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