Yield-Bearing Stablecoins Expand as New DeFi Income Options Emerge
TLDR: Yield-bearing stablecoins now combine Treasuries, lending markets, and AI compute revenue models across DeFi platforms. $sUS...
U.S. judge freezes BlockFills assets in dispute over 70 bitcoin with creditor Do...
A New York federal court barred the crypto trading firm from moving bitcoin tied to Dominion Capital, citing suspended withdrawals...
Blockfills co-founder and CEO Nicholas Hammer has stepped down
The crypto lender suspended client deposits and withdrawals earlier this month due to recent market and financial conditions.
Ledn Closes $188M Bitcoin-Backed ABS With First-Ever Investment Grade Rating Fro...
TLDR: S&P assigned a BBB- rating to Ledn’s ABS senior notes, the first for a digital asset lender. The $188M offering was 2x overs...
Susquehanna-backed Blockfills up for sale after $75 million lending loss
The Chicago-based company said it was temporarily suspending client deposits and withdrawals last week due to recent market and fi...
Spark looks to build building a safe bridge between onchain capital and TradFi
Spark is opening access to its $9 billion stablecoin liquidity pool for hedge funds and other institutions to bridge onchain capit...
Spark looks to build a safe bridge between onchain capital and TradFi
Spark is opening access to its $9 billion stablecoin liquidity pool for hedge funds and other institutions to bridge onchain capit...
Russia’s Sovcombank Becomes First Russian Bank to Publicly Offer Bitcoin-Backed...
TLDR: Sovcombank rolled out bitcoin-backed loans for individuals and firms that legally own digital assets in Russia. The launch f...
Russia’s largest bank, Sberbank, prepares to issue crypto-backed loans
Russia’s biggest bank said it plans to offer loans secured by cryptocurrency following a pilot deal with a mining firm, with legis...
Nexo Surpasses $30 Billion in Stablecoin Inflows as Crypto Lending Demand Surges
TLDR: Nexo has processed $30 billion in cumulative stablecoin inflows since launching operations in 2018. Monthly inflows exceeded...