Key Highlights Aave has officially launched through Base Earn & Borrow to facilitate stablecoin yield generation and decentralized borrowing. Developers and commercial entities building on the Base network can now directly embed Aave’s core lending and credit features into their customer-facing products. The strategic rollout aims to accelerate liquidity, onboarding, and overall user participation across ...
Key Highlights New York Attorney General Letitia James secured a settlement worth up to $35 million against former Celsius CEO Alex Mashinsky. Mashinsky faces a lifetime ban from operating in the securities, commodities, and cryptocurrency sectors in New York. The former executive is currently serving a 12-year federal prison sentence following guilty pleas for commodities ...
Key Highlights: Crypto lenders are experiencing a demographic shift, drawing institutional players, Gen Xers, and baby boomers alongside original mining clients. Centralized lender Ledn has surpassed $11 billion in total loans funded since 2018, targeting $1 trillion as non-trading loan demand surges. Borrowers increasingly utilize bitcoin-backed financing for real-world needs, including business capital, real estate, ...
Key Highlights Arch Lending plans to launch loans backed by tokenized equities “pretty soon” as the onchain stock market surpasses $3.15 billion in distributed value. Bitcoin still dominates Arch’s loan book at over 80%, though the lender reports rising demand for XRP collateral among U.S. borrowers. Competitors including Ondo Finance, Kraken, and Coinbase have already ...