Babel Finance Bets on Longtime Fintech Hand to Help Navigate Regulatory Landscape

The Hong Kong-based crypto lender says new CFO Edmond Lau will oversee $500 million in assets under management.

News  ·  30 July 2021

Australian Lending Startup Loda Gets $15M to Further Crypto Collateralization Efforts

Loda is among the first of its kind in the country that allows users to borrow Australian dollars against crypto, its CEO said.

News  ·  30 July 2021

Alabama Issues ‘Show Cause’ Order to BlockFi

The Alabama Securities Commission alleges that BlockFi has funded cryptocurrency lending in part through the sale of unregistered securities.

News  ·  22 July 2021
Yield Farming

Only 4%? Coinbase Rate on USDC Reveals Focus on Crypto Credit Risk

Greater risk, greater reward? When it comes to USDC deposits, customers might prefer lower risk, lower reward.

Markets  ·  7 July 2021

Crypto Lending Firm Ledn Raises $30M From Alan Howard, Coinbase and More

Kingsway Capital, Coinbase Ventures, Susquehanna and other investors also participated in the Series A round.

Business  ·  26 May 2021

Figure Raises $200M, Valuing Blockchain Mortgage Firm at $3.2B

The investment was led by 10T Holdings and Morgan Creek Capital Management and included contributions from new and existing investors.

Business  ·  20 May 2021

MakerDAO on Collision Course With Banking Regulators

As MakerDAO rolls out real estate loans, banking regulators are unlikely to ignore DeFi banks, our columnist says.

Business  ·  10 May 2021

Babel Finance Raises $40M From Zoo Capital, Sequoia Capital, Tiger Global

The investment is the first foray into Asia's crypto finance industry for Zoo, BAI Capital and Tiger Global Management.

Business  ·  10 May 2021

Notional Raises $10M to Grow DeFi Lending Protocol With ‘Real World’ Potential

The Ethereum-based lending startup is seeing users take out crypto loans for more than just yield farming.

Business  ·  29 April 2021

DeFi Pushes ETH Loans at Genesis to New Highs as BTC Rates Drop

ETH loans now make up 27% of Genesis’ loan book, as hedge funds get more comfortable with DeFi.

News  ·  28 April 2021

Here’s How the Archegos Debacle May Have Spilled Over to Bitcoin

The difference between bitcoin futures premium on CME and other crypto exchanges has widened since the end of March, when Bill Hwang’s troubles surfaced.

Markets  ·  7 April 2021

Why Genesis, BlockFi, Ledn Are Cutting Interest Rates on Large-Scale Bitcoin Deposits

Genesis is cutting bitcoin deposit rates effective Thursday, following BlockFi's reduction last week.

Markets  ·  31 March 2021

Trading Platform Abra Will Now Lend Fiat Money for Crypto Collateral

Abra Borrow will initially be available in 35 U.S. states, as well as globally.

Business  ·  23 March 2021

DeFi Lending Platforms Liquidate Record $115M in Loans as ETH Price Drops

You can send an Ethereum transaction, or you can buy yourself a steak dinner.

Markets  ·  23 February 2021

$25M in DeFi Loans Liquidated as Ether Price Falls

The three-month high liquidation volume comes as Ethereum fees in dollar terms set a new record mark of $29 per basic transaction.

Markets  ·  22 February 2021