Lending

MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above...

By William Foxley

Mar 17, 2020 at 4:10 p.m. UTC

Mar 17, 2020

LendingStablecoinsMakerDAOUSDCDAIDeFi

Tech

Volatility

Thursday’s Market Madness Strained Ethereum’s Killer App: DeFi

So many people were trying to use the Ethereum blockchain during Thursday’s market meltdown that many applications simply stopped working as intended.

By William Foxley

Mar 13, 2020 at 9:50 p.m. UTC

Mar 13, 2020

VolatilityEthereumLendingdYdXMakerDAOUniswapDeFi

Tech

Ethereum

MakerDAO Debts Grow as DeFi Leader Moves to Stabilize Protocol

MakerDAO is not pursuing its emergency shutdown option although the amount of uncollateralized dai continues to grow.

By William Foxley Brady Dale

Mar 13, 2020 at 6:29 p.m. UTC

Mar 13, 2020

EthereumLendingMakerDAODeFi

PRECARIOUS: If MakerDAO were to shut down, the crypto market would be flooded with some 2.4 million ETH even as the asset’s value plummets amid broader market turmoil. (Credit: Shutterstock)

Tech

Ethereum

DeFi Leader MakerDAO Weighs Emergency Shutdown Following ETH Price Drop

A large drop in the price of ether is testing the feasibility of Ethereum's entire system of lending and borrowing.

By Brady Dale William Foxley

Mar 12, 2020 at 6:40 p.m. UTC

Mar 12, 2020

EthereumLendingMakerDAODAIDeFi

Finance

Lending

Figure Technologies Securitizes $150M of Home Equity Loans on Blockchain

The deal may serve as a showcase for DLT’s benefits to Wall Street at a time when such use cases no longer generate the same buzz as five years ago.

By David Pan Marc Hochstein

Mar 11, 2020 at 10:06 a.m. UTC

Mar 11, 2020

LendingFintechSecuritizationFigure Technologies

Blockchain CEO Peter Smith (Credit: CoinDesk archives)

Finance

Wallets

Blockchain.com Wallet Users Can Now Borrow Against Their Crypto Holdings

Users can borrow U.S. dollar-denominated stablecoins against bitcoin in their wallets.

By Daniel Palmer

Mar 10, 2020 at 12:00 p.m. UTC

Mar 10, 2020

WalletsLendingStablecoinsBlockchain.com

Markets

Bitgo

BitGo Reveals Bitcoin Lending Push; $150M Booked So Far

With big banks still mostly eschewing the 11-year-old digital-asset industry, a new breed of lenders is stepping into the void to meet the demand. Enter BitGo.

By Bradley Keoun

Mar 5, 2020 at 7:00 a.m. UTC

Mar 5, 2020

BitGoLendingBitcoinCustodianCrypto Lending