Flare and Kinetic join forces to revolutionize DeFi lending and borrowing
Flare partners with Kinetic, revolutionizing DeFi lending/borrowing on blockchain. Users benefit from liquidity incentives; Kinetic offers over-collateralized borrowing. Rome Blockchain Labs facilitates Kinetic launch, leveraging Flare’s oracles for accurate prices.…
Binance to cease BUSD lending services by October 25
Binance is carrying out a phased termination of BUSD-related services. BUSD withdrawals via various blockchain networks were suspended last month. Binance is currently locked in a legal battle with the…
Crypto lending firm Genesis to cease offering crypto trading
Genesis has been providing trading services through its international Genesis Global Capital (GGC) division. Genesis allegedly owes its top 50 creditors $3.5 billion. In August Genesis and DCG reached an…
Bitget debuts in lending with the launch of ‘Crypto Loans’
Bitget launched its native “Crypto Loans” product on Tuesday. Digital lending is expected to advance at a CAGR of 20.5%. Singapore and Thailand have recently banned crypto lending. Bitget –…
How to Use Blur and Blend for NFT Trading and Lending
Designed for professional traders, Blur is an Ethereum-based NFT marketplace that is used by many NFT traders due to its trader-friendly features such as low fees, high speed, and NFT…
Crypto lending platform Delio temporarily suspends withdrawals
Delio’s move comes amid a heightened crackdown in the US by the SEC. The move follows the recent suspension of deposit and withdrawal of digital assets at Haru Invest. There…
ByBit taps into crypto lending
ByBit users will now be able to earn interest payouts on idle cryptocurrency assets. The ByBit Lending will offer hourly paid interest and no deposit periods for redemptions and deposits.…
UK Treasury opens consultation on taxation of DeFi lending and staking
UK’s HM Treasury has outlined tax policy changes targeted at DeFi lending and staking. The proposals are part of a consultation on taxation of activities conducted using crypto assets in…
MakerDAO to launch Spark lending platform to rival Aave
Aave, a crypto lending platform, is currently one of Ethereum’s largest DeFi products. MakerDAO, on the other hand, facilitates the generation of DAI stablecoin. MakerDAO is planning to launch a…
What is NFT Lending? Find Out How and Where You Can Lend NFTs
Table of Contents What is NFT Lending? The Demand for NFT Lending How Do You Lend an NFT? Types of NFT Lending NFT Lending Platforms Key Takeaways: NFT len...