Around the Block #5: downstream impacts of the recent market crash on lending, stablecoins, and DeFi Coinbase Around the Block, sheds light on key issues in the crypto space. In…
Tag: lending
BlockFi Adjusts Interest Rates to Lure Larger Crypto Deposits – CoinDesk
BlockFi, one of the first lending startups in the cryptocurrency markets, announced Thursday it would make changes to the interest paid based on the yield it generates from lending…
Litecoin Non-Profit to Hold Undisclosed Treasury Sum with Crypto Lender – CoinDesk
The Litecoin Foundation is putting its capital to work, lending at interest through another cryptocurrency program. The Foundation has tapped the Celsius Network, a blockchain-based crypto lending program, to…
Tagomi Rollout Paves Way for Institutional Crypto Shorting – CoinDesk
Crypto brokerage Tagomi released its borrowing and lending platform to the wider public, enabling investors to short cryptocurrencies like bitcoin and ethereum. Tagomi’s COO Kevin Johnson told CoinDesk that…
Binance Partners With Crypto Lending and Borrowing Firm Cred – CoinDesk
Binance exchange is teaming up with Cred to offer cryptocurrency lending and borrowing services across its ecosystem. As part of the arrangement, California-based Cred will migrate a portion of…
Bitbond Plans to Raise $3.9 Million in Germany’s ‘First’ Regulated STO – CoinDesk
Blockchain-based lending platform Bitbond is launching a security token offering (STO) that it says is the first to be approved by a regulator in Germany. Through the sale, the firm…
MakerDAO Set to Increase DAI Fees Above 15% in Bid to Stabilize Stablecoin – CoinDesk
A majority vote to increase fees on programmatic lending platform MakerDAO has passed an initial round of polling today. This time, the winning vote is to increase fees by…
Genesis Lends $425 Million of Crypto in Q1 – and Not Just to Short Sellers – CoinDesk
Genesis Global Trading’s cryptocurrency lending arm continues to grow – and diversify beyond short sellers. Announced Thursday, Genesis Global Capital wrote $425 million of crypto loans in the first…
BlockFi Is Now Paying Interest on $53 Million of Crypto Deposits – CoinDesk
Crypto lending startup BlockFi has gathered another $18 million of bitcoin and ether deposits since last month, bringing its total interest-earning accounts to $53 million. The company also lowered…
MakerDAO Weighs Fourth Fee Hike as DAI Stablecoin Remains Below $1 – CoinDesk
Investors and developers who contribute to the ethereum-based programmatic lending protocol MakerDAO are debating a fourth increase to the amount charged to users of its U.S. dollar-pegged stablecoin DAI. As…