Gemini, the crypto exchange and custodian, is allowing its customers to earn up to 7.4% annual percentage yield (APY) on their holdings through a partnership… Read More »Gemini Partners With Crypto Lender Genesis to Offer 7.4% Yield on Customer Deposits
Several institutions are parking their idle cash on Genesis Capital’s balance sheet, the cryptocurrency lender and trading firm announced in its fourth-quarter earnings report Tuesday.… Read More »Traditional Lenders Extended Millions in Loans to the Crypto Space Through Genesis in Q4
The CEO of cryptocurrency lender Celsius believes CEL won’t meet XRP’s fate. In a Dec. 31 interview, Alex Mashinsky attributed a recent spike in CEL’s… Read More »Why Celsius Thinks CEL Won’t Receive the Same SEC Treatment as XRP
Babel Finance is letting bitcoin mining firms put up their machines as loan collateral so the lender can offer them better terms. The loan-to-value ratio… Read More »Babel Finance Is Letting Crypto Mining Firms Use Machines as Loan Collateral
In 2020 we finally saw some of the nearly decade-long blockchain hype fulfilled and the legitimate building blocks of a next-generation banking system emerge. Open… Read More »Here Comes the Open Lending Era
Loan terms are about to get a lot better in decentralized finance (DeFi), at least for some. “What we’re allowing is top institutions with solid… Read More »DeFi Startup Brings Corporate Lending Terms to Miners, Traders and Market Makers
Blockchain startup Spring Labs has put its first fraud-prevention tool into production using a permissioned version of Ethereum. The Los Angeles-based firm is now working… Read More »Spring Labs Develops Data-Sharing Network for US Home Energy Projects
Borrowers can close debt positions on lending platform MakerDAO under the 150% collateral minimum with this one simple trick. A loophole in MakerDAO’s collateralized debt… Read More »MakerDAO Loans Can Be Gamed to Hold Out Funds From Liquidation, Startup Finds
LVC, the crypto exchange operator and blockchain business unit of LINE, is launching a service that allows users to lend crypto assets like bitcoin and… Read More »Japan’s LINE Starts Crypto Lending Service
Kava Labs has launched its first application: a yield-generating decentralized finance (DeFi) platform for bitcoin (BTC) and other non-Ethereum assets. The product, called Harvest and… Read More »New Binance-Backed DeFi Site Lets You Earn Yield on Bitcoin, Other Non-Ethereum Assets
Decentralized finance (DeFi) credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, according to DeFi… Read More »Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited
Ferrari sells cars so it can go racing; Bequant built a crypto exchange to get into prime brokerage. That’s the analogy offered by the firm’s… Read More »Bequant, Now in Crowded Prime Brokerage Race, Adds Signature Bank Integration
