Lending

NFT art crypto prices
NFT Lending Is Trending, Raising Concerns of ‘Predatory’ Platform Behavior
Amid an extended crypto winter that has cooled NFT trading, platforms like Blur, Binance and Astaria have introduced new lending options to boost liquidity. While some traders support NFTfi, others say the trend is risky.
NFT art crypto prices

Blend (Blur.io)
Blend Seizes 82% of NFT Lending Market Share: DappRadar
Since NFT lending marketplace Blend launched May 1, it has amassed 169,900 ETH, or about $308 Million in volume.
Blend (Blur.io)

(Astaria)
Ex-Sushi CTO Led NFT Lending Platform Astaria Rolls Out to Public
After months in beta, the NFT lending platform has witnessed the highs and lows of its competitors in the space and aims to boost NFT market liquidity while protecting the interests of lenders and borrowers.
(Astaria)

ESRB Chair Christine Lagarde (ECB/Flickr)
Crypto Conglomerates, DeFi Targets of EU Financial Stability Watchdog Concerns
Risks from smart contracts, high leverage and crypto staking and lending may imply a need for new regulations, the European Systemic Risk Board said.
ESRB Chair Christine Lagarde (ECB/Flickr)

Atlendis Labs credit pool dashboard (Atlendis Labs)
Lending Platform Atlendis Deploys Upgrade on Polygon, Opens $2M Lending Pool for Banxa
Atlendis Labs is a blockchain-based credit marketplace that offers revolving credit lines for small and medium-sized businesses and fintech firms.
Atlendis Labs credit pool dashboard (Atlendis Labs)

Rune Christensen (Original image by Trevor Jones)
MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token
Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance.
Rune Christensen (Original image by Trevor Jones)

(Edge2Edge Media/Unpslash)
Rehypothecation May Be Common in Traditional Finance, but It Will Never Work With Bitcoin
Several crypto lenders, exchanges and funds that used customer assets to grow rapidly had a crash course in the limits of digital scarcity in 2022.
(Edge2Edge Media/Unpslash)

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Belgian Crypto Lender Bit4You Suspends Activities After Service Provider Declared Insolvent
Bit4You learned of CoinLoan's insolvency on April 24, and that it no longer has the necessary registration as a digital asset custodian.
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MakerDAO founder Rune Christensen (CoinDesk TV)
Crypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M in USDC to Coinbase Custody for 2.6% Yield
The maneuver is part of MakerDAO’s earlier decision to move up to $1.6 billion of USDC stablecoins to Coinbase’s custody arm.
MakerDAO founder Rune Christensen (CoinDesk TV)

Credit Score (iStockphoto/Getty Images, Modified by CoinDesk)
Credit Agency Giant TransUnion Will Deliver Credit Scores for Crypto Lending
TransUnion, one of the largest credit agencies in the U.S., will off-chain credit scores for blockchain-based loan applications in a way that maintains the privacy of consumers.
Credit Score (iStockphoto/Getty Images, Modified by CoinDesk)