Allo has secured a $100 million bitcoin-backed credit facility to expand its platform that helps institutions and individuals participate in crypto lending. The company’s solution...
Cantor Fitzgerald is reportedly seeking support for its planned $2 billion bitcoin lending project from Tether. The firms are discussing expanding their existing collaboration to...
Fallen cryptocurrency lender Gemini is reportedly set to begin returning billions in frozen customer funds. The firm, owned by billionaire twin brothers Cameron and Tyler Winklevoss, announced...
New York has expanded what had been a $1 billion lawsuit against three cryptocurrency companies. Now, Attorney General Letitia James is alleging that the fraud scheme carried...
Cryptocurrency exchange Coinbase says it is rolling out a digital asset lending program for its institutional Prime clients. In an announcement provided to PYMNTS Wednesday (Sept. 6),...
Crypto lender Aave has debuted its first stablecoin. Announced on the company blog Saturday (July 15), Aave’s GHO coin is now live on the ethereum network. “GHO was...
A day after being sued by eight state attorneys general who claim it violated securities laws, crypto lender Nexo unveiled that it has purchased a...
Eight U.S. state regulators have charged cryptocurrency lender Nexo Group, saying it has failed to register its Earn Interest Product, a Reuters report said. It...
Welcome to PYMNTS second series on decentralized finance, also known as DeFi. In the first series, we looked at what DeFi is, how it works,...