Ledn Secures Pioneer $50M Bitcoin-Backed Loan Ledn, a prominent digital lending platform, has received approval for a $50M loan backed by Bitcoin. This loan, syndicated by Sygnum, a global digital asset banking group, marks a significant development in the integration of digital…
Solana (SOL) is an innovative layer one blockchain that rivals Ethereum’s dominance in the smart contract platform sector. With its increasing popularity, SOL provides a unique opportunity for holders to earn yields through staking while contributing to the network’s security and decentralization….
NFT lending has become a crucial aspect of the decentralized finance (DeFi) space, providing a way for NFT owners to unlock the liquidity of their digital assets without selling them. Here’s a detailed look at how NFT lending works and its implications:…
Decentralized lending project Morpho Labs has released a whitepaper for a new lending protocol, Morpho Blue. The new crypto lending protocol is meant to increase efficiency and reduce gas cost for users. Morpho was originally launched as a layer on top of…
An Australian fintech company, Block Earner has announced plans to launch a new crypto loan service. This is coming in spite of an ongoing court case with Australia’s financial regulator, the Australian Securities and Investments Commission (ASIC), for allegedly offering financial products…
The Melbourne-based crypto lending company Maple Finance has yielded $5 million in a funding round led by Tioga Capital. An August 22 report revealed that other key players in the digital sector, including Blocktower Capital, Veris Ventures, GSR, and The Spartan Group,…
An official announcement by the head of research at LiFi, Arjun Chand, revealed that the multichain bridging protocol launched a multi-message aggregator to support the decentralized autonomous organization’s (DAO) performance. The new aggregator has defensive features to prevent governance attacks from the…
Top crypto exchange Bitget is launching a crypto loans product to cater to all kinds of customers. The crypto derivatives and copy trading platform announced the product will use a dual-coin approach to enhance crypto loans experience. The approach allows users to…
On May 2, the Dubai-based crypto exchange ByBit released a unique lending platform for its diverse users. The new product ByBit Lending will allow users to earn interest on payouts. The ByBit community was delighted to announce that the lending platform will…
The financial authorities are contemplating beginning discussions with the crypto industry while targeting to implement rules that would regulate the crypto exchanges in the coming year following the crash of FTX.com (one of the largest crypto trading companies across the globe), as…
Genesis Global Capital denied having imminent plans for the bankruptcy filing by disclosing its priority to hold constructive conversations with the creditors. Genesis Exposure to FTX Downfall Genesis, a popular cryptocurrency lender, disproved current speculations of initiating bankruptcy proceedings if unable to…
The court has assented to FTX US’s bid to buy the distressed assets belonging to beleaguered crypto lender Voyager for the sum of $1.4 billion. The company implores its creditors to vote yes for the deal. Voyager’s Creditors Still Need To Vote…
