Browsing: lending

The California Department of Financial Protection and Innovation has permanently revoked BlockFi’s lending license following its bankruptcy and regulatory issues.…

Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices.

Thus, the surge in these risky loans is noteworthy as it can lead to a liquidation cascade. In this self-reinforced…

Institutional demand is driving a significant increase in onchain loans across DeFi protocols.

Approximately $58 million has been lost from a cybersecurity breach at the lending protocol, one expert said. 

Tether, the largest stablecoin issuer, could consider lending U.S. dollars to commodities trading institutions, per reports. Tether (USDT) has its…

The vote was passed with 88% in favor of offloading WBTC collateral from the Sky lending platform. 

“The SEC also alleges that Rari Capital and its co-founders misleadingly touted the high annual percentage yield that investors would…

The funding round attracted a mix of familiar faces and new backers, with participants including F-Prime Capital, Slow Ventures and…

Finance, an ancient discipline shaped by various moral philosophies, has seen borrowing and lending practices evolve over centuries. Early Islamic,…