Cantor Fitzgerald, a major player in the financial world known for managing Tether’s vast U.S. Treasury reserves, has launched a bold foray into the crypto lending market. The […]
Cantor Fitzgerald launches $2 billion Bitcoin lending program, fueling institutional adoption of crypto
Financial giant Cantor Fitzgerald has launched a groundbreaking $2 billion bitcoin lending program, signaling a significant step towards mainstream institutional adoption of cryptocurrency. The program will provide loans […]
Ledn Ditches Ethereum to Focus Exclusively on Bitcoin
Ledn is making a major shift in strategy by phasing out its Ethereum services and focusing solely on Bitcoin. The decision, driven by regulatory concerns and aimed at […]
Ledn Shifts to Full Custody Model for Bitcoin Loans, Ditching Ethereum
Digital asset lender Ledn is making a significant change in its lending business by transitioning to full-custody Bitcoin loans and discontinuing Ethereum support. This move aims to simplify […]
Sygnum Bank Launches Lending Program Allowing Stake Sol to Access Funds
Sygnum Bank has expanded its lending program, enabling clients to borrow fiat currency using staked Solana (SOL) as collateral. This innovation allows users to access liquidity while retaining […]
Sygnum Enables Staked SOL Collateral for Fiat Loans
Swiss digital banking firm Sygnum Bank is expanding its lending services by allowing clients to use their staked SOL as collateral for multi-currency loans. This move aligns with […]
Former Cred Execs Plead Guilty to Wire Fraud, Admit to Losses of Up to $150 Million
Two former executives of the bankrupt cryptocurrency lender Cred have admitted to wire fraud as part of a plea deal. Daniel Schatt, former CEO, and Joseph Podulka, chief […]
Backpack Exchange Launches Enhanced SOL and USD Lending Services
Crypto exchange Backpack Exchange has introduced upgraded lending services for both Solana (SOL) and US dollars (USD), offering users potential APY of up to 12.24%. This launch signifies […]
Aave Records New High in Total Value Locked
Aave has reached a significant milestone, surpassing $40.3 billion in total value locked (TVL) according to DefiLlama data. The decentralized finance protocol announced on X that its TVL […]
DeFi Lending Outpaces DEXs as More Sustainable Yield Attracts Investors
Crypto users are seeking more sustainable yield opportunities in DeFi lending protocols, leading to significant growth while decentralized exchanges (DEXs) see a decline. Data shows that DeFi lending […]
Bybit Streamlines Loan Offerings to Enhance Efficiency
Bybit has consolidated its loan products, including both fixed and flexible-rate loans, on its platform to simplify operations and boost capital efficiency in cryptocurrency trading. This move reflects […]
Backpack Exchange Introduces SOL Lending Feature: 12.24% APY Await
Backpack Exchange has launched a new lending feature for SOL tokens, offering users an impressive 12.24% annual percentage yield (APY). This service, accessible via both the web and […]
Xapo Bank Launches Loans of Up to $1 Million for Long-Term Bitcoin Holders
Xapo Bank, a Gibraltar-based wealth manager known for its Bitcoin custody and interest-bearing account offerings, has launched Bitcoin-backed loans with up to $1 million in credit. This new […]
Bitcoin-Backed Loans Gain Traction as Confidence Grows
Bitcoin holders are becoming more comfortable borrowing against their crypto, according to Seamus Rocca, CEO of Xapo Bank. With Bitcoin prices hovering around $95,000 and institutional adoption picking […]
Antalpha to Launch IPO, Raising $50 Million for Crypto Lending Expansion
Crypto finance firm Antalpha is set to go public on the Nasdaq with an IPO offering up to $50 million. Antalpha, a key partner for Bitcoin mining giant […]