CRYPTO LENDING
Paxos Labs Secures $12M for Crypto Yield Platform Amplify
Blockchain Capital leads funding round as Paxos Labs expands Amplify platform offering yield, lending and stablecoin services through single SDK integration.
Tether Invests in Ledn to Bolster Bitcoin-Backed Lending Market
Tether has announced a strategic investment in Ledn, a leader in bitcoin-backed loans, to expand financial infrastructure and empower credit access without selling digital assets.
OKX Adjusts USDT Borrowing Limits for Flexible Loan Program
OKX announces phased reductions to USDT borrowing limits for its Flexible Loan program, impacting VIP levels and retail customers starting November 2025.
OKX Announces Reduction in USDT Borrowing Limits for Flexible Loans
OKX will decrease USDT borrowing limits in two phases for its Flexible Loan program, affecting different VIP levels. Adjustments are slated for November 20 and 27, 2025.
OKX Introduces Simple Earn Fixed Product for Crypto Users
OKX unveils its Simple Earn Fixed product, available from May 30, 2024, supporting USDT, USDC, BTC, and ETH.
Haru Invest Executives Arrested in $826 Million Crypto Embezzlement Case
South Korean prosecutors have detained three Haru Invest executives for allegedly embezzling $826 million worth of cryptocurrencies from 16,000 users, highlighting regulatory scrutiny over crypto lending practices.
Celsius Network Shares Details of Its Creditor as it Raises Cyber Threat Concerns
Bankrupt cryptocurrency company Celsius Network has disclosed the information of its creditors in a filing recently provided in court, including names, addresses, amount owed, and email addresses amongst others
Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer
Celsius Network Ltd., a troubled and bankrupt crypto lender, has disclosed the auction dates for its assets.
Brazilian Crypto Lender BlueBenx Halts Withdrawals after Suffering Hack of $32M
Brazilian crypto lending platform BlueBenx is under scrutiny after it halted its users' withdrawals due to a hacking of $32 million.
Virginia Pension Fund Enters Crypto Lending Space to Enhance Returns
Fairfax County Retirements Systems, a $6.8 billion Virginia pension fund, seeks to expand its scope by entering the crypto lending market to boost its returns.
Japanese Financial Giant SBI Group to Borrow from Bitcoin Holders at Annual Rate of 1%
SBI Group has rolled out a cryptocurrency rental service dubbed “VC TRADE LENDING” aimed at borrowing Bitcoin from customers in return for 1% annual interest.
PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines
The series B offering was led by Valar Ventures, which is a venture capital company backed by PayPal co-founder Peter Theil. Other investors in the offering round included Winklevoss Capital, Avon Ventures, Morgan Creek Digital, CMT Digital, PJC, and Akuna Capital. New investors included Purple Arch Ventures, Arrington XRP Capital, Kenetic Capital, HashKey Capital, and Castle Island Ventures.