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SALT Lending: What to Look for in a Bitcoin-Backed Lender


As Bitcoin’s influence continues to expand, its value as collateral is becoming increasingly recognized. It is no longer seen as just a speculative investment or a store of value, Bitcoin has emerged as a versatile asset that allows holders to leverage their wealth in ways once reserved for...

Crypto Lender Ledn Processes Over $1 Billion Loans in First Half of 2024


Ledn, a crypto lending platform, announced that it has processed over $1.16 billion in loans during the first half of 2024. This includes a notable 29.8% quarter-over-quarter growth in retail lending, driven by investor strategies and market dynamics such as the recent Bitcoin halving and the rise...

Genesis Returns $2.2B in Crypto Assets to Lending Program Participants


Defunct crypto lender Genesis distributed $2.18b worth of crypto to 232,000 users enrolled in Gemini Earn, an interest-accruing lending program. The distribution followed a New York bankruptcy judge approving the Chapter 11 plan last week. The post Genesis Returns $2.2B in Crypto Assets to Lending...

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