Crypto Lending


Finance

Genesis' Crypto Lending Rebounds in 2Q; Firm Acknowledges Unsecured Loans

Genesis’ crypto lending arm came back strong in 2Q after a rocky 1Q. Separately, executives acknowledged the firm makes some uncollateralized loans.

Genesis CEO Michael Moro (CoinDesk archive, modified using PhotoMosh)

Finance

What Crypto Lender Celsius Isn’t Telling Its Depositors

Celsius Network’s crypto lending service may be taking more risk than its depositors realize.

(Shutterstock, modified by CoinDesk)

Finance

Crypto Lender Nexo to Enter Prime Broker Race, Enlists Chainlink for Audits

Nexo is preparing to enter the prime brokerage space with Chainlink-powered audits that will bring more transparency to its operations.

Nexo co-founder Antoni Trenchev speaks at Consensus 2019. (CoinDesk archives)

Finance

Crypto Lender BlockFi Says Monthly Revenue Up 100% After Bitcoin Halving User Boost

BlockFi said it has seen a surge in revenue since the bitcoin halving and the launch of its mobile app.

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Markets

Cred Taps Former NSA, Western Union Bosses for Leadership Team

Crypto lender Cred is bolstering its technical knowledge by bringing on an experienced CISO and CTO.

Coins image via Shutterstock

Finance

Bitcoin Mining Pool Poolin Partners With BlockFi to Expand Crypto Lending Service

Poolin, the second biggest bitcoin mining pool by total network power, is expanding its crypto lending and financial services businesses.

Bitcoin ASIC miner (CoinDesk Archives)

Markets

BlockFi Hires Credit Suisse, Prudential Execs to Drive Global Expansion

Crypto lender BlockFi has hired two execs from traditional finance to help launch a bitcoin rewards card and build out business teams in Europe and Asia.

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Finance

Genesis CEO Details 'Black Thursday' Chaos in Q1 Lending Report

Crypto lender Genesis Capital increased its loan book to $649 million during a tumultuous Q1 marked by wild fluctuations in the price of bitcoin.

Genesis CEO Michael Moro. (Credit: CoinDesk archives)

Finance

BlockFi Raises Deposit Rates as Bitcoin Crash Juices Loan Demand

Market makers and proprietary traders are taking out more crypto loans after the second-largest price drop in bitcoin created a new, more volatile market.

BlockFi CEO Zac Prince

Finance

$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles

“As of five minutes ago, everyone who needed to post collateral has,” Genesis CEO Michael Moro said Friday afternoon.

PAY UP: "As of five minutes ago, everyone who needed to post collateral has,” one lender said Friday. (Credit: Shutterstock)