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Crypto Lending
BlockFi Announces Early 2021 Launch for Bitcoin Rewards Credit Card
BlockFi CEO Zac Prince said it will be the first credit (not debit) card in the cryptocurrency industry.
Leading Japanese Financial Firm SBI Holdings Rolls Out Crypto Lending Services
A subsidiary of SBI Holdings said it's launched a service allowing users to ‘lend’ bitcoin to the firm and earn an interest at the rate of 1% annually in return.
Crypto Lender Cred Files for Bankruptcy After Losing Funds in Fraud
In October, the lender published a cryptic letter saying it has experienced “irregularities” in the handling of “specific” corporate funds by a “perpetrator of fraudulent activity.”
Crypto Lender Celsius Taps Horizen for 'Proof-of-Reserves' Proof of Concept
The proof-of-reserves pilot would take information that appears on Celsius’ website and have it fed from a public Horizen sidechain instead.
ETH Gobbles Up Larger Share of Genesis Loan Book as Trading Firms Feast on DeFi Summer
Genesis Trading saw the share of bitcoin in its loan portfolio drop, mainly due to demand for liquidity mining on DeFi protocols.
Leaked Recordings Suggest Crypto Lender Babel Leveraged Users' Funds in Longing Bitcoin
Leaked recordings suggest crypto lender Babel Finance leveraged some user funds to long bitcoin and faced potential default risks during this year’s Black Thursday market crash.
BlockFi Adds an Independent Pricing Partner to Guard Against Flash Crashes
CF Benchmarks will now update prices on crypto deposits at BlockFi every second, allowing the lender to hedge against sudden market moves.
Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited
DeFi credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, according to DeFiPulse.
BlockFi Raises $50M From Universities, NBA Star, Others as Crypto Lending Soars
BlockFi, a major player in the crypto-lending sector, has now raised nearly $100 million in the past 12 months.
Crypto Savings Accounts Are Coming to Fintech Firms That Use Wyre
Crypto payments startup Wyre is offering white-labeled savings accounts that dole out interest on crypto, the company announced Friday.
