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In a significant shift, the centralized finance sector of crypto lending, led by Tether, Galaxy, and Ledn, dominates the market, while decentralized finance shows strong recovery.
A new report reveals a substantial increase in DeFi lending, surpassing CeFi offerings and showcasing a dramatic change in the crypto lending landscape.
APX Lending has obtained $20 million to enhance its crypto-backed loan offerings following increased demand.
The landscape of bitcoin lending is on the verge of transformation due to increased competition, according to Ledn's co-founder Mauricio Di Bartolomeo.
THORChain is introducing TCY tokens at a one-to-one conversion for defaulted debt, aiming to turn creditors into equity stakeholders.
Nexo is establishing a $5,000 minimum limit on its services to cater specifically to its affluent clientele.
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