Lending

PRECARIOUS: If MakerDAO were to shut down, the crypto market would be flooded with some 2.4 million ETH even as the asset’s value plummets amid broader market turmoil. (Credit: Shutterstock)
DeFi Leader MakerDAO Weighs Emergency Shutdown Following ETH Price Drop
A large drop in the price of ether is testing the feasibility of Ethereum's entire system of lending and borrowing.
PRECARIOUS: If MakerDAO were to shut down, the crypto market would be flooded with some 2.4 million ETH even as the asset’s value plummets amid broader market turmoil. (Credit: Shutterstock)

house money
Figure Technologies Securitizes $150M of Home Equity Loans on Blockchain
The deal may serve as a showcase for DLT’s benefits to Wall Street at a time when such use cases no longer generate the same buzz as five years ago.
house money

Blockchain CEO Peter Smith (Credit: CoinDesk archives)
Blockchain.com Wallet Users Can Now Borrow Against Their Crypto Holdings
Users can borrow U.S. dollar-denominated stablecoins against bitcoin in their wallets.
Blockchain CEO Peter Smith (Credit: CoinDesk archives)

BitGo CEO Mike Belshe
BitGo Reveals Bitcoin Lending Push; $150M Booked So Far
With big banks still mostly eschewing the 11-year-old digital-asset industry, a new breed of lenders is stepping into the void to meet the demand. Enter BitGo.
BitGo CEO Mike Belshe

Flex Yang, co-founder of Babel Finance
Crypto Lender Babel Hits $380M in Outstanding Loans
Chinese cryptocurrency lending startup Babel Finance said it has reached a record of $380 million in outstanding loans as of February.
Flex Yang, co-founder of Babel Finance

Credit: Shutterstock
Compound Extends DeFi Ethos to Itself, Launches Governance Token
DeFi platform Compound is launching the testnet of a new platform today for decentralizing the site's governance.
Credit: Shutterstock

Credit: Shutterstock
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

Credit: Shutterstock/Vintage Tone
DeFi Project bZx Exploited for Second Time in a Week, Loses $630K in Ether
The attacker manipulated price feeds in order to create and profit from an under collateralized loan.
Credit: Shutterstock/Vintage Tone

Eth deposits in DeFi lending & price, 2019-2020 (chart)
Mind the Gap: Why ETH Price and DeFi Adoption Aren't in Sync
Demand for DeFi lending services built on ethereum shows a pattern of inverse relationship to the price of ETH. When ether prices are falling, the amount of ETH locked in DeFi...
Eth deposits in DeFi lending & price, 2019-2020 (chart)

Peter Thiel image via CoinDesk archives
Bitcoin Lender BlockFi Raises $30M in Series B Led by Peter Thiel's Valar Ventures
Having Hong Kong-based HashKey as an investor will help BlockFi expand into Singapore later this year, said CEO Zac Prince.
Peter Thiel image via CoinDesk archives