Crypto custodian Copper launches agency lending platform
Copper.co, a digital asset custody provider, has announced the launch of its agency lending platform. In a Feb. 11 announcement on Feb. 11, Copper said the blockchain-based platform, which will also integrate traditional finance, aims to transform the digital asset lending market. The platform is designed to address challenges that have contributed to major collapses […]
THORChain pauses Bitcoin, Ether lending amid insolvency risks
THORChain temporarily suspended lending and savers programs to prevent insolvency and safeguard liquidity providers. Source link
SEC settles with Abra for $1.65m over unregistered crypto lending product
The SEC settles with crypto lender Plutus Lending LLC, operating as Abra The Securities and Exchange Commission has reached a settlement with crypto lender Plutus Lending LLC, which operates under the name Abra. The settlement resolves allegations that Abra violated federal securities laws by failing to register its retail crypto lending product, Abra Earn, and […]
Binance introduces USUAL as a new flexible lending asset
Binance expands lending options with USUAL token and stablecoin investment. As of Dec. 25, 2024, Binance announced that the Usual protocol (USUAL) token would be added as a new borrowable asset under its Pledged Loan program. The move hopes to increase borrowing flexibility by enabling users to use assets from Binance Earn—Binance’s platform for earning […]
Lending protocol Echelon launches debt-driven Move appchain
Echelon, a decentralized lending protocol on Aptos, has launched Echelon Chain, a debt-driven Move appchain. The appchain, built on Initia’s Interwoven Stack, leverages Celestia’s modular blockchain technology, the Echelon team announced on Nov. 28. Echelon Chain’s debut follows the release of the Echelon Roadmap, highlighting over $100 million in total value locked and $132 million […]
