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Crypto Lending News
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Tether mulls lending billions to TradFi firms
Latest Crypto Lending News
Markets
Moonwell, the third-largest lending decentralized application network on the Base blockchain, has experienced a sharp decline, erasing gains made in October. Moonwell (WELL) token dropped to $0.07113, its lowest point since Oct. 25 and 36% below its all-time high, bringing…
News
Tether, the largest stablecoin issuer, could consider lending U.S. dollars to commodities trading institutions, per reports. Tether (USDT) has its sights set on strengthening its position in traditional financial markets by offering loans to companies, according to Bloomberg, citing anonymous…
News
Donald Trump and his sons are teasing the upcoming launch of a new crypto project that promises to leave “slow and outdated banks behind.” Trump to launch World Liberty Financial The project, which is expected to launch Monday, Sep. 16,…
Markets
Alpaca Finance token experienced a significant surge this week, reaching a high of $0.227, the highest level since April 8. ALPACA (ALPACA) rose by over 252% from its lowest point this year, making it one of the top-performing coins of…
News
Crypto exchange Binance has announced a new airdrop program for BNB holders following reports that Changpeng Zhao controls over 60% of the token’s circulating supply. In a Wednesday announcement on its website, Binance introduced a new program aimed specifically at…
BNB
BNB
News
The NFT lending market hit a record $2.13 billion in Q1, up 43.6% quarter-over-quarter, with five of six top platforms seeing increased volumes. The lending market of non-fungible tokens (NFTs) has witnessed its leaders solidifying their positions, with the total…
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,…
News
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…
USDC
USDC
News
VersiFi appoints former Genesis executive Martin Garcia as co-CEO and secures $10 million in funding to drive crypto lending services.Â
News
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.
BTC
Bitcoin
News
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.
USDT
Tether
News
Coinbase Global plans to launch a digital asset ending platform for large institutional investors on Sep. 5
Follow-up
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
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
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
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…
Follow-up
