TransUnion wants to bring credit checks to the crypto lending market
TransUnion, a U.S. credit-reporting giant, has partnered with Spring Labs to bring consumer credit scores to the crypto lending arena.
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Crypto lender Ledn raises $70 million, announces new bitcoin-backed mortgage product
Crypto lending firm Ledn has raised $70 million in a Series B funding round and is now valued at $540 million.
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Celsius says 'employee' suspended amid rumors of CFO arrest in Israel
Celsius Network said it has suspended an "employee" amid rumors of its CFO Yaron Shalem's arrest in Israel.
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Bitcoin demand trends 'downwards' as institutions move into DeFi and 'blue chip' alts, says Genesis
The further institutionalization of bitcoin has made it less attractive to more opportunistic traders, according to Genesis' most recent quarterly report.
Kentucky regulator orders Celsius to stop offering crypto accounts
Celsius, the crypto lending group, has been ordered to stop offering interest-bearing accounts in the state of Kentucky.
New Jersey delays effective date of cease-and-desist order for BlockFi until December
A New Jersey cease-and-desist for new interest accounts at crypto lender BlockFi will take effect on December 1, per an extension that the firm announced on Wednesday.
Alabama's securities regulator is also scrutinizing crypto lender Celsius
The securities regulator for Alabama issued a show-cause order on Thursday to crypto lender Celsius, seeking an explanation for why its offerings don't constitute the sale of securities under state law.
After BlockFi, New Jersey and Texas set sights on Celsius' crypto interest accounts
The regulatory clampdown on crypto lending platforms in the U.S. continues.
Crypto wealth manager Abra bags $55 million Series C raise
Crypto platform Abra has closed a $55 million Series C fundraise a little over a year after settling charges with U.S. regulators.
SEC's handling of Coinbase Lend signals sea change for US crypto lending
New questions emerge for the whole crypto lending industry, which is likely to face new reporting requirements.
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Former CFTC Chair Giancarlo is putting out a book titled 'CryptoDad'
J. Christopher Giancarlo announced his forthcoming book, which will focus on his work regulating the first Bitcoin derivatives markets in the world.
Peter Thiel's Valar Ventures leads $25 million Series A in crypto platform Vauld
Crypto trading and lending platform Vauld has raised $25 million in a Series A funding round led by Peter Thiel's Valar Ventures.
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Finnish crypto lender Tesseract bags $25 million Series A
Tesseract, a Helsinki-based crypto lending business, has closed a $25 million Series A fundraise led by London’s Augmentum Fintech.
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a16z backs DeFi project Goldfinch, which aims to reshape lending
DeFi platform Goldfinch wants to bring under-collateralized loans to the decentralized finance (DeFi) ecosystem.
Billionaire Alan Howard is making ‘massive moves’ into crypto
British billionaire Alan Howard is a private person, but there is no hiding his massive bets on the cryptocurrency industry.
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Anchorage Digital rolls out ETH-backed loans with America's 10th oldest bank
Anchorage has partnered with BankProv to offer ether-backed loans to institutional investors interested in expanding beyond Bitcoin.
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Crypto lender Ledn raises $30 million Series A from investors including Alan Howard and Alexis Ohanian
The funding brings Ledn's valuation to $230 million, co-founder Mauricio Di Bartolomeo told The Block.
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BlockFi scrambles to pick up the pieces after mistakenly sending users millions of dollars in bitcoin
Crypto lender BlockFi mistakenly sent some users promo rewards bitcoin instead of U.S. dollars. Now it's trying to get the money back.
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Genesis quarterly report shows 'relentless' demand for dollars in crypto credit market
Since Genesis Global Trading launched a lending business in 2018, it has originated more than $40 billion loans — and that growth doesn’t appear to be slowing down. The firm, which releases a breakdown of its business across trading, lending, and derivatives every quarter, saw active loans outstanding on its platform increase 136% relative to […]
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SEC commissioner Hester Peirce unveils updated version of 'safe harbor' proposal for crypto tokens
Hester Peirce, the crypto-friendly commissioner at the Securities and Exchange Commission (SEC), has formally unveiled an updated version of her proposed regulatory safe harbor for token sales. In a public statement, Peirce said that the proposal “seeks to provide network developers with a three-year grace period within which, under certain conditions, they can facilitate participation […]
