crypto lending

Gemini Returning $2.1 Billion to Crypto Customers
Gemini Returning $2.1 Billion to Crypto Customers
May 29, 2024  |  Cryptocurrency

Fallen cryptocurrency lender Gemini is reportedly set to begin returning billions in frozen customer funds. The firm, owned by billionaire twin brothers Cameron and Tyler Winklevoss, announced...

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NY AG Alleges $3 Billion Fraud in Updated Crypto Scam Case
NY AG Alleges $3 Billion Fraud in Updated Crypto Scam Case
February 11, 2024  |  Cryptocurrency

New York has expanded what had been a $1 billion lawsuit against three cryptocurrency companies. Now, Attorney General Letitia James is alleging that the fraud scheme carried...

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Coinbase Unveils Crypto Lending for Institutional Investors
Coinbase Unveils Crypto Lending for Institutional Investors
September 06, 2023  |  Cryptocurrency

Cryptocurrency exchange Coinbase says it is rolling out a digital asset lending program for its institutional Prime clients.  In an announcement provided to PYMNTS Wednesday (Sept. 6),...

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Crypto Lender Aave Introduces GHO Stablecoin
Crypto Lender Aave Introduces GHO Stablecoin
July 16, 2023  |  Cryptocurrency

Crypto lender Aave has debuted its first stablecoin.  Announced on the company blog Saturday (July 15), Aave’s GHO coin is now live on the ethereum network. “GHO was...

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Expanding Crypto Lender Nexo Secures U.S. Banking Charter
Expanding Crypto Lender Nexo Secures U.S. Banking Charter
September 27, 2022  |  Cryptocurrency

A day after being sued by eight state attorneys general who claim it violated securities laws, crypto lender Nexo unveiled that it has purchased a...

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U.S. State Regulators Charge Nexo Group For Not Registering Product
U.S. State Regulators Charge Nexo Group For Not Registering Product
September 26, 2022  |  Cryptocurrency

Eight U.S. state regulators have charged cryptocurrency lender Nexo Group, saying it has failed to register its Earn Interest Product, a Reuters report said. It...

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Aave DeFi Platform’s Creativity Is Its Strength
Aave DeFi Platform’s Creativity Is Its Strength
August 31, 2022  |  Blockchain / Distributed Ledger

Welcome to PYMNTS second series on decentralized finance, also known as DeFi. In the first series, we looked at what DeFi is, how it works,...

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Report: Voyager Digital CEO Cashed Out of Stock at Near High Price
Report: Voyager Digital CEO Cashed Out of Stock at Near High Price
August 03, 2022  |  Cryptocurrency

Voyager Digital’s CEO Stephen Ehrlich reportedly sold shares of the crypto platform and lender at its highest trading price a year and a half before...

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Crypto Lending Crisis Spreads to Asia as Thailand’s Zipmex Exchange Halts Withdrawals
Crypto Lending Crisis Spreads to Asia as Thailand’s Zipmex Exchange Halts Withdrawals
July 21, 2022  |  Cryptocurrency

The latest round of insolvencies in the crypto lending crisis has extended to Southeast Asia, where cryptocurrency exchange Zipmex froze withdrawals and Singapore-based lender Vauld...

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