Crypto Lending News

Researchers at CoinGecko say 42% of loans from private credit protocols focus on emerging markets, particularly in the automotive sector. Private credit protocols — like Centrifuge and Goldfinch — allocate over 42% of their outstanding loans to a car financing,…

Cross-chain lending protocol Radiant Capital has suspended its lending markets. The report states that Radiant Capital has received reports of a $4.5 million hack that affected one of the new USD Coin (USDC) markets. Blockchain security platform Beosin linked the…

VersiFi appoints former Genesis executive Martin Garcia as co-CEO and secures $10 million in funding to drive crypto lending services. 

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.

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.

Coinbase Global plans to launch a digital asset ending platform for large institutional investors on Sep. 5

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…

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.

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…

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…

Dubai-based crypto exchange Bybit has introduced crypto lending services to its portfolio of services.

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…

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,…

Three investors sue Nexo for blocking them from withdrawing their $126 million crypto holdings.

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…

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…