Lending

The company did about 2.5 times the amount of crypto-backed collateral financing in November compared to the rest of 2024, exec says

Blue Sheets Simple-Earn offers a new route to fixed-rate lending on EVM chains

The DeFi lending giant liquidated $234 million worth of crypto collateral on Tuesday

A Web3 AI cloud firm also announced a seed raise of $7 million this week

New DAI markets include USDe/DAI and sUSDe/DAI

Tradestation will pay $1.5 million in a multi-state settlement, and it will also pay the SEC the same sum

2024 will see a foundational shift in crypto lending — simply holding digital assets isn’t enough

Heron Finance caters to US accredited investors and uses Goldfinch credit markets on the backend

Blockworks exclusive: Credora teams up with Polkadot staking provider Acala to launch a BTC yield product with a focus on transparency and compliance

While the revelation is “a little disappointing,” CoinShares head of research says the impact on the stablecoin’s “robustness” is likely limited

Barraford says the protocol isn’t aimed at “degens,” but for those who want to improve their quality of life using crypto assets as collateral

The first auction will start at 11 am ET on Tuesday, Aug. 1 and close after 48 hours

Loan holders with outstanding balances must repay by Nov. 20 or risk default and have their bitcoin collateral sold by Coinbase

Maple Direct’s first lending product will launch next month

Coinbase end its borrow program amidst SEC concerns, but outstanding loans remain unaffected for customers

The fundraise was driven by decentralized backers, the Granary Finance team told Blockworks on Friday

Latest features include a new lending pool and the introduction of immutable smart contracts

Organizations such as Credix are working to bring real-world asset lending on-chain

The protocol aims to bring its services to a wider network through lower transaction costs

With the recent bankruptcy filings of well-known cryptocurrency lenders, customers have funds locked in platforms they had once trusted

Crypto lenders have recently taken on significant counterparty risk though some, such as Anchorage, say they are weathering the storm

‘Extreme market conditions’ have forced the firm to rethink its withdrawal obligations

Euler said it has raised millions of dollars via a “DAO treasury diversification round,” valuing the budding DeFi protocol at $375 million

Crypto capital marketplace Maple Finance has expanded to Solana in a bid to capture ongoing growth and utilize low transaction fees