Crypto Lending

Genesis CEO Michael Moro speaks at Invest: Asia 2019.
ETH Gobbles Up Larger Share of Genesis Loan Book as Trading Firms Feast on DeFi Summer
Genesis Trading saw the share of bitcoin in its loan portfolio drop, mainly due to demand for liquidity mining on DeFi protocols.
Genesis CEO Michael Moro speaks at Invest: Asia 2019.

Babel Finance may be using customer funds to place bets that bitcoin's price will rise, co-founder Del Wang seemed to suggest in a leaked audio recording.
Leaked Recordings Suggest Crypto Lender Babel Leveraged Users' Funds in Longing Bitcoin
Leaked recordings suggest crypto lender Babel Finance leveraged some user funds to long bitcoin and faced potential default risks during this year’s Black Thursday market cras...
Babel Finance may be using customer funds to place bets that bitcoin's price will rise, co-founder Del Wang seemed to suggest in a leaked audio recording.

BlockFi CEO Zac Prince
BlockFi Adds an Independent Pricing Partner to Guard Against Flash Crashes
CF Benchmarks will now update prices on crypto deposits at BlockFi every second, allowing the lender to hedge against sudden market moves.
BlockFi CEO Zac Prince

(U.S. Marine Corps, modified by CoinDesk)
Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited
DeFi credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, according to DeFiPulse.
(U.S. Marine Corps, modified by CoinDesk)

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BlockFi Raises $50M From Universities, NBA Star, Others as Crypto Lending Soars
BlockFi, a major player in the crypto-lending sector, has now raised nearly $100 million in the past 12 months.
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Crypto Savings Accounts Are Coming to Fintech Firms That Use Wyre
Crypto payments startup Wyre is offering white-labeled savings accounts that dole out interest on crypto, the company announced Friday.
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Genesis CEO Michael Moro (CoinDesk archive, modified using PhotoMosh)
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.
Genesis CEO Michael Moro (CoinDesk archive, modified using PhotoMosh)

(Shutterstock, modified by CoinDesk)
What Crypto Lender Celsius Isn’t Telling Its Depositors
Celsius Network’s crypto lending service may be taking more risk than its depositors realize.
(Shutterstock, modified by CoinDesk)

Nexo co-founder Antoni Trenchev speaks at Consensus 2019. (Credit: CoinDesk archives)
Crypto Lender Nexo to Enter Prime Broker Race, Enlists Chainlink for Audits
Nexo is preparing to enter the prime brokerage space with Chainlink-powered audits that will bring more transparency to its operations.
Nexo co-founder Antoni Trenchev speaks at Consensus 2019. (Credit: CoinDesk archives)

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Crypto Lender BlockFi Says Monthly Revenue Up 100% After Bitcoin Halving User Boost
BlockFi said it has seen a surge in revenue since the bitcoin halving and the launch of its mobile app.
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