Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance is preparing to roll out a new product that would enable non-fungible token (NFT) holders to borrow crypto against NFT assets. Binance NFT loan supports only ethereum borrowing ...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied New Jersey-based bankrupt crypto lender BlockFi is looking to liquidate rather than sell its cryptocurrency lending platform after concluding that a sale might not benefit creditors. BlockFi, in a...
Binance Research unveils its latest report on the lending industry, revealing remarkable growth in lending protocols amidst market setbacks, highlighting the dominance of centralized finance (CeFi) lending and the surprising discrepancy between total value locked (TVL) and daily active users (DAU). The lending...
MakerDAO, a leading decentralized autonomous organization (DAO) on the Ethereum blockchain, announced the launch of its Spark Protocol on May 9. The lending platform aims to enhance the liquidity and yield-bearing capabilities of its DAI stablecoin. In a Twitter thread on May 8,...
According to CoinGecko’s recent study, DEXs and oracles have been fundamental components of DeFi since the beginning of 2021, but their market shares have steadily decreased over the last two years. In contrast, the liquid staking category has nearly doubled its market share...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dubai-based crypto exchange Bybit has introduced crypto lending services to its portfolio of services. This allows users to earn passive interest income on their idle cryptocurrency assets. According to...
Blur has launched Blend, the expiry-less peer-to-peer perpetual lending protocol for NFTs, to increase liquidity for NFT holders. Blend – a solution to post-purchase NFT liquidity Blur, the self-proclaimed NFT Marketplace for pro traders, has rolled out a peer-to-peer perpetual ending protocol for...
Multichain lending protocol, Hundred Finance, was hacked on Ethereum’s layer-2 scaling solution, Optimism, resulting in a loss of approximately $7.4m. Hundred Finance hacked On April 15, the DeFi platform announced that it had contacted the hacker and collaborated with many security teams. The...
Bitstamp has partnered with Tesseract to introduce a new crypto-lending service across specific European markets. Bitstamp is building a crypto-lending product to be tested in selected European countries, including France, Spain, Italy, and Ireland. Moreover, it will be expanded to Hong Kong and...