Crypto lenders need to be clear about how customer funds will be treated in the event of bankruptcy, even before they file The current market downturn has exposed holes in some projects, but it also marks a time to build and improve upon existing models Given ongoing volatility and concerns around liquidity in the market, some within the crypto lending industry might want to rethink their structures and practices. In the wake of an unraveling of the market with bankruptcies at Three Arrows Capital, Voyager Digital and most recently Celsius, measures to better protect customers are de rigueur. For one,
Genesis reported $44.3 billion in originated loans during the first three months of 2022 Institutional investors are becoming less interested in bitcoin, the report noted Institutional investor... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: coinmaker
ArtGis Finance, a decentralized platform that functions as a bridge between TradFI and DeFi, today announced a strategic partnership with SileonApp, a multichain lending protocol that enables people to borrow or lend crypto assets on different chains. Through this collaboration, ArtGis and Sileon show their dedication to advancing a growing…