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Crypto Lending
Genesis' Crypto Lending Rebounds in 2Q; Firm Acknowledges Unsecured Loans
Genesis’ crypto lending arm came back strong in 2Q after a rocky 1Q. Separately, executives acknowledged the firm makes some uncollateralized loans.

What Crypto Lender Celsius Isn’t Telling Its Depositors
Celsius Network’s crypto lending service may be taking more risk than its depositors realize.

Crypto Lender Nexo to Enter Prime Broker Race, Enlists Chainlink for Audits
Nexo is preparing to enter the prime brokerage space with Chainlink-powered audits that will bring more transparency to its operations.

Crypto Lender BlockFi Says Monthly Revenue Up 100% After Bitcoin Halving User Boost
BlockFi said it has seen a surge in revenue since the bitcoin halving and the launch of its mobile app.

Cred Taps Former NSA, Western Union Bosses for Leadership Team
Crypto lender Cred is bolstering its technical knowledge by bringing on an experienced CISO and CTO.

Bitcoin Mining Pool Poolin Partners With BlockFi to Expand Crypto Lending Service
Poolin, the second biggest bitcoin mining pool by total network power, is expanding its crypto lending and financial services businesses.

BlockFi Hires Credit Suisse, Prudential Execs to Drive Global Expansion
Crypto lender BlockFi has hired two execs from traditional finance to help launch a bitcoin rewards card and build out business teams in Europe and Asia.

Genesis CEO Details 'Black Thursday' Chaos in Q1 Lending Report
Crypto lender Genesis Capital increased its loan book to $649 million during a tumultuous Q1 marked by wild fluctuations in the price of bitcoin.

BlockFi Raises Deposit Rates as Bitcoin Crash Juices Loan Demand
Market makers and proprietary traders are taking out more crypto loans after the second-largest price drop in bitcoin created a new, more volatile market.

$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles
“As of five minutes ago, everyone who needed to post collateral has,” Genesis CEO Michael Moro said Friday afternoon.
