Crypto Lending

The influx of traditional finance giants like Cantor Fitzgerald and banks into crypto lending is a net positive that will lower capital costs, but crypto-native lenders must leverage their expertise and community trust to remain competitive, said Shawn Owen, CEO of SALT Lending. Speaking with...

After nearly collapsing during the last crypto downturn, digital asset lending is making a comeback, with a new generation of lenders re-entering the market. What Happened: Both traditional financial institutions and blockchain-native companies are reintroducing capital to meet the growing need for...

The Securities and Exchange Commission on Wednesday announced a settlement with Florida-based TradeStation Crypto, Inc., over charges related to the unregistered offer and sale of a crypto asset lending product. The company agreed to pay a $1.5-million penalty to resolve the allegations. What...

Caroline Ellison, a key figure associated with the cryptocurrency exchange FTX and Alameda Research, on Tuesday testified that Sam Bankman-Fried, the founder of the platform, harbored aspirations of becoming the U.S. president. Ellison Says She Questioned Use Of Customer Funds In 2020:...

Coinbase Global Inc. (NASDAQ: COIN) has unveiled a new cryptocurrency lending service for U.S. institutional investors, aiming to step in where companies like BlockFi Inc. and Genesis Global stumbled. In this fast-changing crypto landscape, such pivotal moves are reshaping digital assets. To...

The Monetary Authority of Singapore (MAS) has announced new requirements for Digital Payment Token (DPT) service providers to safe keep customer assets under a statutory trust by the end of the year. This move aims to mitigate the risk of loss or misuse of customers' assets and facilitate the...

Real World Asset (RWA) protocol announced the mint of HOME, the first mortgage-backed stablecoin on the XRP Ledger (XRPL) blockchain. Built on the RWA protocol, HOME will provide institutions and individuals with access to the stability and cash flows offered by mortgages in the U.S., the...

The Aave (CRYPTO: AAVE) lending protocol's stablecoin, GHO (CRYPTO: GHO), inches towards a launch on Ethereum's (CRYPTO: ETH) mainnet with the introduction of two key features proposed by the developer, Aave Companies. These features aim to enhance user benefits while maintaining the coin...

A U.S. court has ordered the Securities and Exchange Commission (SEC) to address Coinbase Global Inc's (NASDAQ: COIN) concerns over applying securities laws to digital assets. The Third Circuit Court of Appeals mandated a 10-day window for the SEC to respond, with Coinbase having seven days to...

The U.K. Government's HM Revenue and Customs (HMRC) is inviting public opinion on a proposed amendment to the tax treatment of decentralized finance (DeFi) lending and staking. Following a call for evidence in 2022, the regulatory body is seeking views from the public on how DeFi transactions...

The U.S. Securities and Exchange Commission (SEC) is encouraging investors to exercise caution when dealing with crypto asset securities. The SEC's Office of Investors Education and Advocacy warned that platforms facilitating crypto trading might not be adhering to federal securities...

Euler Finance, a lending protocol that facilitates crypto lending and borrowing, has suffered a flash-loan attack resulting in a loss of $197 million, according to security firms BlockSec and PeckShield. Quoting the blockchain security firms, The Block reported that the attack took place at 4:50 am...

After filing for bankruptcy protection in November 2022, BlockFi has been granted the release of almost $9.9 million from Silvergate Capital Corp (NYSE: SI) by a U.S. bankruptcy judge. The bank had initially "reevaluated its business," which resulted in a number of companies ending their...

Cryptocurrency lending company Celsius (CRYPTO: CEL), which filed for Chapter 11 bankruptcy protection last July, recently released the names of users who are eligible to withdraw most of their assets held on the platform. The 1,400-page document, filed with a New York bankruptcy court, shows...

Here's a round-up of stories from around the globe and from various media outlets. Benzinga Google To Fire 12K Employees Worldwide; Extends Support Packages Alphabet Inc.'s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google prepared to cut 12,000 jobs globally. CEO Sundar Pichai said...