Crypto platform resumes UK registrations after 10-month FCA compliance pause

The crypto lending platform took the 10-month pause to realign its onboarding process with the FCA's guidelines oriented towards investor protection.

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Financial institutions are experimenting with Bitcoin-backed lending: Ledn

Lower interest rates and accelerating crypto adoption are spurring more financial institutions to try Bitcoin-backed lending. 

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MicroStrategy should lend Bitcoin to boost yield analyst

The proliferation of institutional Bitcoin custodians creates opportunities for MicroStrategy, according to a Benchmark analyst.

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Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch

Maker is also rebranding the worlds largest decentralized stablecoin ahead of the launch of its governance token, SKY.

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HKMA and HKAB Establish Joint Taskforce to Bolster SME Lending

The Hong Kong Monetary Authority (HKMA) and The Hong Kong Association of Banks (HKAB) have formed a joint taskforce to enhance SME lending support. (Read More)

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Ledn secures industry-first $50M Bitcoin-backed syndicated loan

Ledns groundbreaking $50 million Bitcoin-backed loan, syndicated by Sygnum, is set to transform retail lending and institutional crypto finance.

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Hong Kong Monetary Authority Releases Q2 2024 Credit Card Lending Survey Results

The Hong Kong Monetary Authority reports a 0.2% decline in total card receivables in Q2 2024, with delinquent and rescheduled ratios slightly increasing. (Read More)

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Wemix.fi suspends lending amid stablecoin liquidation issues

The issues with liquidating the WEMIX stablecoin were not detailed, but the blockchain game producer has problems enough to choose from.

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Liquidiums $2.75M seed round aims to bring Aave-like experience to Bitcoin

Liquidium, a lending platform, has raised $2.75 million in a seed round to establish itself as a leading DeFi hub in the Bitcoin ecosystem. Investors in the round include Wise 3 Ventures, Portal Ventures, Asymmetric Capital, AGE Fund, NGC Ventures, CMS Holdings, Newman Capital, VidenVC, and DeGods. The round also included angel investors like Dingaling, […]

The post Liquidium’s $2.75M seed round aims to bring Aave-like experience to Bitcoin appeared first on CryptoSlate.

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OKX Introduces Simple Earn Fixed Product for Crypto Users

OKX unveils its Simple Earn Fixed product, available from May 30, 2024, supporting USDT, USDC, BTC, and ETH. (Read More)

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Galaxy Digital uses historic violin NFT to secure loan

The violin once belonged to Russian Empress Catherine II, also known as Catherine the Great.

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FTX-Alameda casualty Maple Finance launches institutional lending

Maple Finance launches Syrup, a DeFi protocol offering secured institutional lending, amid lingering skepticism from the FTX-Alameda fallout.

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Pyth ploys DeFi lending overhaul with Morpho, Gauntlet partnership

Pyth Network teams up with Morpho and Gauntlet to enhance lending protocols on Ethereum and Base using low-latency price data.

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NYAG completes settlement with Gemini over Earn program, recovers remaining $50 million for impacted users

The New York Attorney General’s (NYAG) office announced the completion of its settlement with Gemini and the recovery of $50 million for users of the defunct Gemini Earn program on June 14. Users will receive the crypto in their accounts without having to take any further action. The settlement resolves the legal charges filed by […]

The post NYAG completes settlement with Gemini over Earn program, recovers remaining $50 million for impacted users appeared first on CryptoSlate.

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Hacker drains $19.5 million from UwU Lend in price oracle exploit

Blockchain security firm Cyvers Alert reported a significant exploit on the DeFi lending protocol UwU Lend, which resulted in an approximately $19.5 million loss. The attacker funded their wallet via the sanctioned crypto mixer Tornado Cash. Cyvers co-founder and CTO Meir Dolev told CryptoSlate in a June 10 statement: “The UWU lending contract was exploited […]

The post Hacker drains $19.5 million from UwU Lend in price oracle exploit appeared first on CryptoSlate.

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DOJ charges three Cred execs over $783 million in customer fund losses

On May 3, the US DOJ announced charges against former executives of Cred, a bankrupt crypto lending and investing firm. Authorities alleged that the three accused individuals Cred co-owner and former CEO Daniel Schatt, former CFO Joseph Podulka, and former CCO James Alexander took part in a scheme that caused customers to lose […]

The post DOJ charges three Cred execs over $783 million in customer fund losses appeared first on CryptoSlate.

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Bitcoin finds another use case via BTCfi DLC.Link co-founder

DLC.Link CEO Aki Balogh tells The Agenda how DeFi on Bitcoin will unlock BTCs potential for collateral, yield farming and more.

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Active DeFi loans hit all-time high at $23.7B as TVL nears pre-tariff levels

Active loans across decentralized lending applications climbed to a record $23.723 billion on May 21, based on Token Terminal data. Meanwhile, the DeFi ecosystem’s total value locked (TVL) sits 6.4% below the level recorded on Jan. 31, the day before President Donald Trump formalized his proposed import tariffs.  The surge in outstanding loans extends an […]

The post Active DeFi loans hit all-time high at $23.7B as TVL nears pre-tariff levels appeared first on CryptoSlate.

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Exploring Farmland Lending: Insights and Future Prospects

AgAmerica's Dr. David Mieczkowski delves into the dynamics of farmland investing, trade impacts, and the evolving landscape of U.S. agriculture in a shifting economic environment. (Read More)

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Qubetics, Chainlink, and AAVE: Unveiling the Best Cheap Crypto to Buy Now Amid Latest Market Shifts

Explore how Qubetics, Chainlink, and AAVE stand out as the best cheap crypto to buy now, with the latest updates, partnerships, and market impacts shaping digital finance.

The post Qubetics, Chainlink, and AAVE: Unveiling the Best Cheap Crypto to Buy Now Amid Latest Market Shifts appeared first on Kanalcoin.

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