Lending


Markets

Real-World Asset Loan Worth $20M at Risk of Losing $7M on DeFi Platform Goldfinch

Protocol contributor Warbler Labs said it will backstop all losses.

Goldfinch (Unsplash, modified by CoinDesk)

Finance

DeFi Project Yield Protocol to Wind Down by Year's End

At its peak in April 2022, the DeFi lending project had over $22 million in total value locked, but this figure has since dropped to around $2 million.

Store sign saying "Sorry we're closed"

Finance

Coinbase Creates New Crypto Lending Service Geared Toward Large Investors

Coinbase (COIN) raised $57 million for the platform as of Sept. 1, according to an SEC filing.

Coinbase CEO Brian Armstrong (Coinbase)

Markets

Default of Tokenized Loans on Centrifuge Puts MakerDAO’s Investment at Risk

MakerDAO has lent $1.84 million of DAI stablecoin to the tokenized credit pool under distress.

Bitcoin ETFs lost  $836 million to outflows last week. (Unsplash)

Consensus Magazine

Tokenization News Roundup: Resource Extraction, Social Media Monetization and Real World Connections

A weekly digest of articles, reports and analyses about tokenized RWAs, the fast-growing financial instruments that merge traditional finance to the blockchain.

(Camilo Jimenez/Unsplash)

Tech

Curve Crisis Shows Pitfalls of Decentralized Risk Management

Top DeFi lenders allowed a crypto CEO to take a risky bet, raising key questions about how they manage risk.

Stani Kulechov, Lens founder, at Consensus 2019 (CoinDesk archive)

Tech

As Curve Averts DeFi Death Spiral, Fiasco Exposes Serious Risks

Curve, a leading decentralized exchange on Ethereum, was hacked for more than $70 million in July. Questions continue to linger around the platform's long-term viability and potential contagion risk.

It was almost a dead man's Curve. (Unsplash)

Finance

DeFi Platform Term Finance Brings Fixed Rate Lending to Ethereum

Short term, fixed rate loans can now work in harmony with Aave and Compound's "ultimate liquidity" model.

Dion Chu, founder and CEO (Term Labs)

Markets

Crypto Lender Credix Brings Additional Private Credit Pool on Solana With 11% Yield

Decentralized finance platform Credix opens a trade receivables lending pool with the Solana Foundation among the investors.

Coin98 joins a growing roster of DeFi protocols crafting their own stablecoin. (Unsplash, modified by CoinDesk)

Markets

MakerDAO Votes to Halt Lending to Tokenized Credit Pool After $2M Loan Default

The embattled Harbor Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.

Rune Christensen, fundador de MakerDAO. (CoinDesk TV)