Genesis’ Crypto Lending Rebounds in 2Q; Firm Acknowledges Unsecured Loans

Genesis’ crypto lending arm came back strong in 2Q after a rocky 1Q. Separately, executives acknowledged the firm makes some uncollateralized loans.

Bison Trails Hires Ex-Goldman Sachs VP as Legal Head

Blockchain infrastructure provider Bison Trails has hired BlockTower Capital’s former compliance director to be its first general counsel.

CoinDesk Live Recap: Ethereum’s DeFi Luminaries Discuss What’s Next

MakerDAO's Rune Christensen, Compound's Robert Leshner and Uniswap's Hayden Adams discussed the state of the $3.8 billion DeFi market.

Why DeFi on Ethereum Is Like Algorithmic Trading in the ‘90s

DeFi's surge has created an interesting dynamic: Traditional fund managers are beginning to experiment with what decentralization has to offer.

What Crypto Lender Celsius Isn’t Telling Its Depositors

Like all lending, the crypto kind carries risk. Celsius may be taking more of it than depositors, who have loaned it more than $1 billion, fully realize.

Silvergate’s Bitcoin-Backed Lending Product Grew 80% in the Last Quarter

Silvergate Bank continued to add a steady drip of crypto customers in Q2 2020 but its issuance of bitcoin-collateralized loans is what stood out.

85% of Italian Banks Are Exchanging Interbank Transfer Data on Corda

Banks across Italy are using R3’s Corda blockchain to vastly speed the process of double-checking transaction logs.

Signature Bank’s Crypto Deposits Grew $1B in Q2

Out of the nearly $8 billion in deposit growth that Signature Bank saw in the second quarter of 2020, $1 billion was raked in by the firm’s digital assets team.

Wyoming-Based Avanti to Open in October With a New Bank-Issued Digital Asset

Wyoming's crypto-friendly Avanti Financial expects to open its doors this October with a new bank-issued digital asset, the Avit.