Loans


Finance

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.

Genesis CEO Michael Moro speaks at Invest: Asia 2019.

Finance

Barclays' Former Russian Bank Has Issued a Token-Collateralized Loan

Expobank has issued its first loan using WAVES tokens as collateral – the bank are now estimating what future demand could be.

Moscow at night (Shutterstock)

Finance

Here’s Why Interest Rates on Cryptocurrencies Could Be a Game-Changer

The growth in crypto lending platforms is giving birth to a new type of valuation metric: interest rates.

Credit: Shutterstock

Marchés

Guangdong Blockchain Financing Platform Aims to Help Small Business

A new platform backed by Guangdong province aims to streamline the process for commercial banks to lend funds to small businesses with more detailed and reliable profiles provided by its blockchain network.

Guangdong city image via Shutterstock

Marchés

Genesis Clocks Quarterly Surge in Cash and Stablecoin Lending

For the first time this year, BTC-denominated loans now represent less than 60 percent of Genesis' portfolio.

Genesis CEO Michael Moro

Marchés

Lock BTC, Get DAI: Lending Firm Bridges Bitcoin-DeFi Divide in Latin America

Ledn is partnering with MakerDAO to bring the ethereum-backed stablecoin DAI to more users in Latin America.

Ledn team

Marchés

Bitrue Exchange to Launch Crypto-Backed Loan Platform

The service, which goes live on Sept. 30, loans BTC, ETH XRP and USDT at a 0.04% daily interest rate.

Loans

Marchés

How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business

Lending startup Celsius went from a $50 million token sale to $1 billion in crypto deposits.

Celsius CEO Alex Mashinsky

Marchés

Crypto Lenders Have Earned Just 2% on $4.7 Billion in Loans: Report

A new report from credit assessment startup Graychain shows that demand for crypto loans is surging, but lenders aren't making much profit.

Celsius CEO Alex Mashinksy. (Credit: CoinDesk archives)

Marchés

Crypto Loans Firm Left Thousands of Users' Financial Data Exposed

Crypto loans platform YouHodler left a database with millions of logs containing users' private financial data unprotected, researchers found.

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