Celsius Network valued at $3.1B following independent review
Using 2020 financials obtained from Celsius, Alpha Sigma Capital has determined that the crypto company has an implied value of $3.13 billion, which is approximately...
Category : Lending
Alameda Research doubles down on Maps.me, invests $40 million in Oxygen
How much are 140 million users worth? After a $50 million direct investment in travel app Maps.me earlier in the year, Alameda Research has announced...
Aave and Balancer announce hybrid AMM liquidity pool & lending product
In the latest feat of decentralized finance (DeFi) money lego magic, lending platform Aave and automated market maker (AMM) Balancer have teamed up on a...
Mainframe-rebrand HiFi launches fixed-rate lending protocol
HiFi — the recent rebrand of onetime decentralized application platform Mainframe, which is focused on decentralized finance — announced today the launch of a fixed-rate...
Crypto lender Celsius has paid out $250M in rewards
Celsius, a centralized cryptocurrency lending platform, claims to have paid out over $250 million in rewards to its 415,000 users, underscoring the rapid growth of...
Finance giant SBI expands cryptocurrency lending service to XRP
Japanese financial services firm SBI Group has enabled XRP lending through its cryptocurrency-related subsidiary, SBI VC Trade. According to a Feb. 4 announcement, SBI VC...
Winklevoss’ Gemini crypto exchange launches ‘Earn’ offering
Gemini cryptocurrency exchange has launched an interest-earning program for customers in the United States. Dubbed Gemini Earn, the program lets customers earn up to 7.4%...
Wealth Management Company BlockFi Now Handles Over $53 Million in Crypto Assets
Lending and crypto asset management company BlockFi is now in charge of more than $53 million of their clients’ crypto assets. BlockFi Policy Changes The...