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lending

IOVLabs launches 2.5 million grants program03

25 May 23

Binance enters the NFT lending market with loan service

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance is preparing to roll out a new product that would enable non-fungible token (NFT) holders to borrow crypto against NFT assets. Binance NFT loan supports only ethereum borrowing Crypto exchange giant Binance will launch the Binance NFT loan service on […]

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16 May 23

BlockFi opts to liquidate its lending business

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied 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 of […]

BitMake2

10 May 23

Binance Research says crypto lending gaining traction

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance Research unveils its latest report on the lending industry, revealing remarkable growth in lending protocols amidst market setbacks, highlighting the dominance of centralized finance (CeFi) lending and the surprising discrepancy between total value locked (TVL) and daily active users (DAU). […]

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09 May 23

MakerDAO introduces Spark Protocol for DeFi lending

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied MakerDAO, a leading decentralized autonomous organization (DAO) on the Ethereum blockchain, announced the launch of its Spark Protocol on May 9. The lending platform aims to enhance the liquidity and yield-bearing capabilities of its DAI stablecoin. In a Twitter thread on […]

Findora04

08 May 23

DeFi ecosystem sees shift as liquid staking outperforms lending

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to CoinGecko’s recent study, DEXs and oracles have been fundamental components of DeFi since the beginning of 2021, but their market shares have steadily decreased over the last two years. In contrast, the liquid staking category has nearly doubled its […]

Metacade02

02 May 23

Bybit begins offering crypto lending services

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dubai-based crypto exchange Bybit has introduced crypto lending services to its portfolio of services. This allows users to earn passive interest income on their idle cryptocurrency assets. According to the announcement made on May 2, users can deposit their unused crypto […]

Blockchain Technology at the core of Maldives Digital Transformation1

01 May 23

Blur launches Blend, a NFT perpetual lending protocol

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Blur has launched Blend, the expiry-less peer-to-peer perpetual lending protocol for NFTs, to increase liquidity for NFT holders. Blend – a solution to post-purchase NFT liquidity Blur, the self-proclaimed NFT Marketplace for pro traders, has rolled out a peer-to-peer perpetual ending […]

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16 Apr 23

DeFi lending protocol, Hundred Finance, hacked for $7.4m

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Multichain lending protocol, Hundred Finance, was hacked on Ethereum’s layer-2 scaling solution, Optimism, resulting in a loss of approximately $7.4m. Hundred Finance hacked On April 15, the DeFi platform announced that it had contacted the hacker and collaborated with many security […]

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06 Apr 23

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 Hong Kong and United Arab Emirates markets. The company’s CEO, Jean-Baptiste Graftieaux, said that the […]

Legislation Regulation generic 1 1

06 Jan 23

Blockchain Association of Singapore pushes back on token lending prohibition

The Blockchain Association of Singapore (BAS) opposes “overly restrictive” proposal by Central Bank of Singapore. BAS opposes proposal to ban token lending The Monetary Authority of Singapore (MAS), Singapore’s Central Bank, recently suggested a prohibition on lending digital tokens by cryptocurrency companies to retail customers. The Blockchain Association of Singapore, a significant cryptocurrency lobby group, […]

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