
Crypto Lending News
Latest Crypto Lending News

News
Read more - VersiFi hires ex-Genesis exec and secures $10m to revamp crypto lending
VersiFi appoints former Genesis executive Martin Garcia as co-CEO and secures $10 million in funding to drive crypto lending services.Â

News
Read more - Former Cantor leaders launch crypto lending service ahead of potential Bitcoin ETFs
Digital Prime Technologies, founded by former Cantor Fitzgerald executives, has launched a crypto lending platform named Tokenet, aiming to capitalize on the potential U.S. regulatory approval of Bitcoin ETFs.

News
Read more - Chinese court requires proof of Tether as legal fiat affirms ban on crypto lending
According to an Oct. 10 press release by the Nanchang People’s Court, the plaintiff was required to prove that Tether is a legally issued fiat currency to bring a necessary cause of action for judicial relief.

News
Read more - Coinbase Global to launch lending platform for institutional investors
Coinbase Global plans to launch a digital asset ending platform for large institutional investors on Sep. 5

Follow-up
Read more - Union Finance unveils permissionless credit protocol at ETHBarcelona
Jacob Shiach, CEO of Union Finance, introduced Union Finance’s permissionless credit protocol, which aims to facilitate decentralized lending by leveraging trust and coordination among individuals, DAOs, and contracts. Shiach presented a speech on uncollateralized lending and leveraging friendships for fun…

News
Read more - Creditors request BlockFi’s dissolution, accuse CEO of fraud and extortion
Creditors of failed cryptocurrency lending platform BlockFi are seeking liquidation of the firm's assets, citing allegations of fraud and misconduct against the company and its CEO, Zac Prince.

News
Read more - Blur’s Blend protocol facilitates nearly 170,000 ETH loans in 22 days
Blur’s peer-to-peer perpetual non-fungible lending protocol Blend, focused on NFTs, has seen massive growth since inception, with the protocol’s loan volume hitting close to 170,000 in under 30 days. Blend controls 82% of NFT lending share According to DappRadar, Blend’s…

News
Read more - BlockFi opts to liquidate its lending business
New Jersey-based bankrupt crypto lender BlockFi is looking to liquidate rather than sell its cryptocurrency lending platform after concluding that a sale might not benefit creditors. BlockFi, in a court document filed with the US bankruptcy court for the District…

News
Read more - Bybit begins offering crypto lending services
Dubai-based crypto exchange Bybit has introduced crypto lending services to its portfolio of services.

News
Read more - Bitstamp to introduce new lending product in Europe
Bitstamp has partnered with Tesseract to introduce a new crypto-lending service across specific European markets. Bitstamp is building a crypto-lending product to be tested in selected European countries, including France, Spain, Italy, and Ireland. Moreover, it will be expanded to…

News
Read more - Sentiment DeFi platform losses $1m to hacker on Arbitrum
Sentiment, a decentralized finance (DeFi) platform offering lending and borrowing services on the Arbitrum layer-2 network, was hit by a malicious exploit on April 4, resulting in a nearly $1 million loss. The attacker used a reentrancy bug in Balancer,…

News
Read more - Top crypto lender (NEXO) sued for blocking a $126M user fund
Three investors sue Nexo for blocking them from withdrawing their $126 million crypto holdings.

News
Read more - Binance declines investment in troubled crypto lender Genesis
According to recent reports, Binance has turned down an investment into Genesis. Due to the lack of funding, the troubled lender Genesis recently warned of impending bankruptcy. The recent FTX troubles have negatively impacted the general crypto community. Binance rejects…

News
Read more - Credix Partners With Clave to Launch $150 Million Stable Coin Credit Pool
Belgium-based DeFi Credit platform, Credix is partnering with Clave to provide $150 Million worth of loans to serve Latin American businesses. Clave Collaborates With Credix on New DeFi Debt Pool Popular decentralized credit marketplace, Credix has announced a new alliance…

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Read more - Genesis Report: Crypto Lending Markets Adversely Affected by the Bear Run
A recent research by Genesis Trading reveals how the crypto lending and borrowing markets has been severely impacted by the current bear market.

News
Read more - Ribbon Finance Seeks Two Additional Institutional Borrowers for its Lend Platform
Ribbon Finance wants community members to vote to add more institutional borrowers to its DeFi lending platform.