Lending


Layer 2

Swan Bitcoin CEO Calls Celsius Withdrawal Freeze ‘So Opaque’

Cory Klippsten said on CoinDesk TV’s “First Mover” program that the crypto lending platform had misled investors.

Swan Bitcoin CEO Cory Klippsten (CoinDesk TV, modified by CoinDesk)

Markets

Celsius’s CEL Token Jumps 8-Fold in Intraday Spike

The lender’s token reached a high of $2.57 in what appears to be a short squeeze.

The Celsius both at Bitcoin Miami 2022 (Danny Nelson/CoinDesk)

Finance

Nexo Proposes Celsius Buyout as Rival Lending Platform Halts Withdrawals

Celsius said it also paused its swap and transfer products and did not provide a timeline for resuming withdrawals.

(Sharon McCutcheon/Unsplash)

Finance

Crypto Lender Babel Finance Lands Unicorn Status With $80M Series B

The funding round sets the firm's valuation to $2 billion.

(Sharon McCutcheon/Unsplash)

Finance

Celsius Network Files Draft S-1 Form to Take Its Mining Unit Public

The filing is expected to become effective after the SEC completes its review process, subject to market and other conditions.

The Celsius both at Bitcoin Miami 2022 (Danny Nelson/CoinDesk)

Finance

Jane Street Dives Into DeFi With $25M USDC Loan

The Wall Street trading firm made its first DeFi investment last month, backing decentralized lending protocol Bastion.

Wall Street trading firm Jane Street takes $25 million USDC loan. (aditya1702/Unsplash)

Markets

Crypto.com Slashes Card Rewards, CRO Drops 11% as Community Reacts

In addition, staking rewards would no longer be offered to cardholders after the completion of the current 180-day period.

(Matt Cardy/Getty Images)

Finance

NBA Top Shot Whale Launches NFT Lending Platform With $4.5M in Funding

Flowty is a peer-to-peer NFT lending platform built on the Flow blockchain.

(Mick Haupt/Unsplash)

Finance

RociFi Labs Raises $2.7M to Enable On-Chain Credit Scoring for DeFi

The P2P lending protocol uses on-chain data, machine learning and decentralized identity information to calculate a non-fungible credit score for potential borrowers.

(Towfiqu barbhuiya/Unsplash)

Finance

Katie Haun’s New Fund Joins $10M Round for Polkadot Lending Protocol Moonwell

The project will enable users to take out over-collateralized loans on Polkadot’s EVM-compatible Moonbeam parachain.

(malith d karunarathne/Unsplash)