Lending Archives - CoinDesk

Lending

Aave Becomes Second DeFi Project to Overtake MakerDAO for Most Crypto Deposited

Brady DaleAug 25, 2020

DeFi credit market Aave has pulled ahead of stablecoin mint MakerDAO for the title of most collateral staked on Ethereum, according to DeFiPulse.

Prime Brokers

Bequant, Now in Crowded Prime Brokerage Race, Adds Signature Bank Integration

Nathan DiCamilloAug 18, 2020

In a newly crowded market, Bequant is still adding features to the suite of services it's been building for the past two years.

DeFi

New Binance-Backed DeFi Site Lets You Earn Yield on Bitcoin, Other Non-Ethereum Assets

Nathan DiCamilloSep 18, 2020

Kava Labs has launched its first application: a yield-generating decentralized finance (DeFi) platform for bitcoin and other non-Ethereum assets.

Coinbase

Coinbase to Offer Bitcoin-Backed Loans to US Customers

Nathan DiCamilloAug 12, 2020

Coinbase will allow U.S. retail customers to borrow fiat loans against as much as 30% of their bitcoin holdings starting in the fall.

Crypto Lending

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

Nathan DiCamilloAug 4, 2020

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

Lending

Silvergate Bank

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

Nathan DiCamilloJul 27, 2020

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.

Yield Farming

Compound Tops $1B in Crypto Loans as DeFi Farmers Keep Digging for Yield

Brady DaleJul 13, 2020

Yield farming continues to push Compound to new heights. On Monday, the lending protocol topped $1 billion in loans issued.

DeFi

What Is Yield Farming? The Rocket Fuel of DeFi, Explained

Brady DaleJul 6, 2020

If all these terms ("DeFi," "liquidity mining," "yield farming") are so much Greek to you, fear not. We're here to catch you up.

DeFi

Some Numbers That Show Why Yield Farming COMP Is So Seductive

Brady DaleJun 25, 2020

COMP has created a sudden craze for "yield farming." Here are three scenarios illustrating the risks and rewards of DeFi's latest trend.

DeFi

Following COMP’s Surge, DeFi Platform Balancer Begins Distribution of BAL Tokens

Brady DaleJun 23, 2020

Balancer Labs, the maker of an automated portfolio management tool, has confirmed to CoinDesk it has begun distribution of its BAL token.

Prime Brokerage

Genesis Trading Buys Crypto Custodian Vo1t in Bid to Become Prime Broker

Nathan DiCamilloMay 21, 2020

Digital currency trader and lender Genesis Global Trading is moving toward full-service prime brokerage with the acquisition of crypto custodian Vo1t.

Crypto Lending

BlockFi Hires Credit Suisse, Prudential Execs to Drive Global Expansion

Nathan DiCamilloMay 5, 2020

Crypto lender BlockFi has hired two execs from traditional finance to help launch a bitcoin rewards card and build out business teams in Europe and Asia.