Lending


Finance

Co-Founder of Failed Crypto Exchange QuadrigaCX Starts DeFi Protocol UwU Lend

The new platform released by Michael Patryn has already secured $57.5 million in total value locked.

QuadrigaCX co-founder Michael Patryn releases a new DeFi platform (Unsplash)

Finance

DeFi Platform Maple Finance Aims to Help Struggling Bitcoin Miners With $300M Lending Pool

The DeFi platform is launching its first fully collateralized, industry-specific lending pool with up to 20% interest rate as bitcoin miners are finding it tough to raise capital.

A Bitfarms mining facility in Washington State. (Eliza Gkritsi/CoinDesk)

Finance

DeFi Lender Compound Takes Bite of Institutional Crypto Loans Pie

Compound will take bitcoin as collateral against stablecoin loans made by institutions.

(Shutterstock)

Markets

Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence

The development is part of a move away from centralized crypto products such as stablecoins.

Venture capital firm Variant commits $450 million to its third crypto-focused fund. (Horst Schwalm/Pixabay)

Finance

Hodlnaut Judicial Managers Weigh Unwinding Crypto Lender's Assets Before Ethereum Merge

The court-appointed managers of Hodlnaut in Singapore say they are concerned about incorrect pricing being relayed to smart contracts after the blockchain's software upgrade.

Hodlnaut may unwind assets ahead of the Ethereum Merge. (Paxson Wolber/Unsplash)

Opinion

Why DeFi Protocols Are Limiting ETH Borrowing Ahead of Ethereum’s Merge

Aave and Compound voted for precautionary measures to prevent airdrop hoarders from sucking up their liquidity.

(Possessed Photography/Unsplash, modified by CoinDesk)

Finance

DeFi Lending Protocol Notional to Offer New Leveraged Product

The platform plans to release three “leveraged vaults” next month that allow users to trade up to 10 or 20 times their initial capital.

Notional is launching a new leveraged lending product. (Shutterstock)

Finance

Crypto Lender Nexo Introduces Spot and Margin Trading Platform

Nexo Pro will aggregate liquidity across market makers in an attempt to offer minimal slippage to its users.

Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)

Policy

With Crypto’s Blowups, TradFi Boasts Its Legal Rigor

Standard-setters say existing rules for lending traditional securities should apply to crypto, too.

Lawyers say better crypto contracts would halt messy situations such as the one bankrupt crypto lender Celsius Network is now in with its creditors. (Dafydd Owen/Getty Images)

Finance

Online Investing Platform BnkToTheFuture to Buy Crypto Lender Salt Lending

The platform also plans to work with companies in financial distress.

BnkToTheFuture CEO Simon Dixon. (BnkToTheFuture)