The savvy holder’s guide to NFT lending

Fuelled by early movers such as NFTfi and Blend, NFT lending is one of the hottest sectors in the crypto market, attracting outsize attention and funding. Everyone’s betting on the growth of this niche.

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NFT Loans Proliferate Through New Lending Platforms

Blend, the NFT borrowing and lending protocol by Blur, has not been idle since its launch on May 1. Users have taken out nearly a quarter of a billion in loans. The post NFT Loans Proliferate Through New Lending Platforms appeared first on BeInCrypto.

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How can Ethereum benefit from Blur's NFT lending protocol?

Blur's NFT lending protocol witnesses a massive spike in activity. Ethereum NFTs such as CryptoPunks, Azuki and Milady Makers take the spotlight. The NFT market has been seeing lots of volatThe post How can Ethereum benefit from Blur's NFT lending protocol? appeared first on AMBCrypto.

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Nike Trips Up .SWOOSH Launch While Bitcoin NFTs Soar

Nike’s .SWOOSH NFT drop was filled with missteps, while a Bitcoin NFT collection topped the charts and NFT lending is gaining momentum with Binance and Astaria entering the market.

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NFT Lending Market Soars: Blur Takes the Lead

Discover the dominance of Blur in the NFT lending market, with 82% market share. Explore the surge in loan volumes and the impressive Azuki collection. The post NFT Lending Market Soars: Blur Takes the Lead appeared first on NFT News Today.

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Pudgy Penguins NFT Project, Once Endangered, Proves Web3 Turnaround Is Possible

After Pudgy Toys debuted on Amazon on May 18, the floor price of the cute NFT project shot up over 6 ETH. Now, with the launch of Pudgy World and the addition of the collection to the NFT lending platform Blend, it is continuing to build momentum.

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Binance enters the NFT lending market with loan service

Binance is preparing to roll out a new product that would enable non-fungible token (NFT) holders to borrow crypto against NFT assets. 

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Blend Seizes 82% of NFT Lending Market Share: DappRadar

Since NFT lending marketplace Blend launched May 1, it has amassed 169,900 ETH, or about $308 Million in volume.

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Ex-Sushi CTO Led NFT Lending Platform Astaria Rolls Out to Public

After months in a closed beta, the NFT lending platform has witnessed the highs and lows of its competitors in the space and aims to boost NFT market liquidity while protecting the interests of lenders and borrowers.

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NFTfi Launches Earn Season 1: Promoting Responsible NFT Lending

NFTfi, a leading NFT lending platform, has launched the next phase of its loyalty program NFTfi Rewards. In Earn Season 1, users can get rewarded with exclusive reward points for borrower-friendly loans and responsible lending behavior.

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NFTfi Launches Earn Season 1: Promoting Responsible NFT Lending

Cape Town, South Africa, May 15th, 2023, Chainwire NFTfi, a leading NFT lending platform, has launched the next phase of its loyalty program NFTfi Rewards. In Earn Season 1, users can get rewarded with exclusive reward points for borrower-friendly loans and responsible lending behavior.

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NFTfi Launches Earn Season 1: Promoting Responsible NFT Lending

NFTfi, a leading NFT lending platform, has launched the next phase of its loyalty program NFTfi Rewards.

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Trouble at ParaSpace causes ripples in NFT market; BAYC and MAYC impacted

ParaSpace governance began to see conflict due to CEO's behavior.  Yuga Lab NFTs saw a decline in interest. Milady begins to capture market share. Decentralized lending protocol ParaSpace wThe post Trouble at ParaSpace causes ripples in NFT market; BAYC and MAYC impacted appeared first on AMBCrypto.

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Blend Offers NFT Lending With a Unique Approach to Risk Management

Explore the rise of NFT-backed loans, as Blend lends $95M in just ten days. Understand the potential risks and the role of margin calls in the NFT market. The post Blend Offers NFT Lending With a Unique Approach to Risk Management appeared first on NFT News Today.

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$95 Million Loans Backed By NFTs: What Could Go Wrong?

Blur caused considerable buzz earlier this year in the NFT market. Recent numbers raise the possibility that its lending protocol could have such an effect on NFT lending. The post $95 Million Loans Backed By NFTs: What Could Go Wrong? appeared first on BeInCrypto.

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NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity

Blend, the name of NFT marketplace Blur’s new lending platform, allows traders to lease NFTs to bolster liquidity. However, concerns have been raised about its impact on broader NFT markets.

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Blur NFT lending protocol gets mixed reactions from the community

Web3 lawyer Jesse Hynes tagged the SEC and stated that they must safeguard investors from this type of activity.

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Blur launches NFT perpetual lending protocol Blend

Blur has launched Blend, the expiry-less peer-to-peer perpetual lending protocol for NFTs, to increase liquidity for NFT holders.

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Blur launches P2P NFT lending protocol

Leading non-fungible token (NFT) marketplace Blur has built a peer-to-peer perpetual lending protocol Blend — Blur Lending — in collaboration with Paradigm’s Dan Robinson and Transmissions 11.

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Blend from Blur: A New Frontier in NFT Finance

Blur has just announced a borrowing and lending protocol designed explicitly for the NFT market – Blend. With perpetual loans, Blend aims to solve everyday challenges NFT holders face, such as limited access to liquidity and the risks associated with specific loan expiration dates.

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NFT Marketplace Blur Launches Blend, a Peer-to-Peer Lending Platform

Short for Blur Lending, Blend will allow collectors to buy blue-chip NFTs with a smaller up-front payment, similar to a down payment on a house.

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Collateral Network (COLT) Continues To Pump In Presale Whilst ADA, UNI Shine Bright

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ParaSpace overcomes hack, almost lost $5m in NFTs

In the early hours of March 17, 2023, ParaSpace, an NFT lending project, faced a hack attack but salvaged 2900 ETH (around $5 million) worth of BAYC NFTs.

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NFT lending continues to rise as over 18k ETH borrowed in January

According to a new report by digital asset analytics firm eBit labs, NFT lending hit a record month in January, returning to numbers not seen since the sector’s previous all-time high in May 2022.

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NFT lending continues to moon as over 18k ETH borrowed in January

According to a new report by digital asset analytics firm eBit labs, NFT lending hit a record month in January, returning to numbers not seen since the sector’s previous all-time high in May 2022.

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Sharky Fi to halt NFT withdrawals during solana downtime

NFT lending platform Sharky Fi has announced that it might disable foreclosures for loans “at a loss for borrowers” for a few hours. While responding to a Shark Fi customer on Twitter, the company stated that the move is to…

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Nexo-backed NFT technology provider, MetaQuants, launches real-time appraisal algorithm for NFTs

In a bid to facilitate real-time collateral appraisal for NFTs, marketplace, and wallet analytics, Nexo-backed MetaQuants, a provider of NFT solutions, has unveiled its algorithm product.   The alpha version of the new algorithm product is designed to aid NFT lending, market, overpricing, and market manipulation penalties, according to a press release shared with CryptoSlate.

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Nexo’s MetaQuants launches cutting-edge NFT pricing algorithm

MetaQuants, an NFT technology provider backed by Nexo, has launched a real-time appraisal algorithm for non-fungible tokens (NFTs), Invezz learned from a press release. The platform has optimized the alpha version of the product for NFT-backed lending, punishing overpricing and wash trading, a form of market manipulation.

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DefiLlama Founder Announces Launch of NFT Lending Platform, Llamalend

The pseudonymous creator of on-chains data analytics, DeFiLlama, Oxngmi, has announced the imminent release of a new project dubbed Llamalend.

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DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report

Uniswap had been previously in talks with NFT lending protocols, planning to tackle liquidity issues and the “information asymmetry” around NFTs.

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Cardano's First NFT Lending Platform Announces $25,000 in Bounty Ahead of Mainnet Launch

Aada Finance intends to launch in advance of Vasil upgrade

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Cardano Reaches New Milestone as First NFT Lending Platform Set to Launch

Cardano can now lend and borrow

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Looks bare: OpenSea turns into NFT ghost-town after volume plunges 99% in 90 days

An ongoing debt crisis at lending platform BendDAO is also increasing the risks of the NFT bubble going bust.

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Jaz DID (Domain Name) as a Wallet Address NFT

“Jaz DID as an address” enables JAZ DID domain name service to manage multiple accounts for blockchain games and lending platforms. It also enables DID soulbinding of game accounts, assets, data, avatars, etc.

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Uniswap eyes NFT financialization, in talks with lending protocols

In a tweet from the head of NFT product, the exchange is allegedly in contact with several NFT lending protocols to build NFT financialization.

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Uniswap in talks with 7 lending protocols to ‘build NFT financialization’

Decentralized exchange Uniswap is in talks with seven NFT lending protocols, according to a tweet from its head of NFT product Scott Lewis. The post Uniswap in talks with 7 lending protocols to ‘build NFT financialization’ appeared first on CryptoSlate.

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NFT lending platform BendDAO initiates vote to alter protocol

Ripples of the credit crisis that affected several crypto-exchanges are now being felt in the NFT space. Popular NFT-based lending platform BendDAO has now initiated a vote to approve emergency changeThe post NFT lending platform BendDAO initiates vote to alter protocol appeared first on AMBCrypto.

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NFT lending protocol Bend DAO proposes emergency actions to stabilize ecosystem

NFTs borrowing and lending protocol Bend DAO is staring at a credit crisis after… The post NFT lending protocol Bend DAO proposes emergency actions to stabilize ecosystem appeared first on CoinJournal.

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NFT lending protocol Bend DAO proposes emergency changes amid credit crisis

"We are sorry that we underestimated how illiquid NFTs could be in a bear market when setting the initial parameters," says the Bend DAO dev team.

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Bored Apes Approaching Mass Liquidation On BendDAO, Can This Crash Entire NFT Market?

A large number of Bored Apes Yacht Club NFTs are approaching liquidation on the lending platform BendDAO, can this cascade into a crash of the entire non-fungible token market? Bored Apes NFTs At Risk Of Liquidation As Floor Prices Drop More Than 50% Since All-Time High BendDAO is a platform that lends out Ethereum loans […]

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Many Bored Ape NFTs Are in Danger of Getting Liquidated as Borrowed Money Comes Back to Bite

The NFT lending platform BendDAO has collateralized almost 3% of the entire Bored Ape collection, and many NFTs have recently entered the “danger zone” of liquidation.

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Paribus Announces New Development Updates

NFT Modules Completed for Crypto Punks & Bored Ape Yacht Club MIAMI, FL, Aug 17, 2022 – (ACN Newswire) – Paribus, a cross-chain borrowing and lending protocol for NFTs,...

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NFT Rentals: Lending Out Digital Goods Opens Web3 to Mass Adoption

NFT rentals can have massive implications for how brands and users interact with the metaverse — especially if the trend takes off. The post NFT Rentals: Lending Out Digital Goods Opens Web3 to Mass Adoption appeared first on BeInCrypto.

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Zharta Closes Its Seed Round Raising $4.3 Million To Grow NFT Lending

Zharta, a unique lending blockchain protocol, is excited to announce the closing of its seed funding round that raised $4 million to serve the next growth phase. According to the company, this seed round was held with the assistance of the Cuatrecasas Law Firm.

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Zharta Raises $4.3M to Expedite Growth in Instant NFT Lending

DeFi company Zharta, has secured seed funding from leading Web3 VCs and strategic investors to accelerate its growth to meet customer demand and go to market. Zharta, the creator of a lending protocol for instant NFT collateralized loans, has closed a seed round of 4 million dollars in new capital to fuel the company’s next … Continued The post Zharta Raises $4.

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Ripple to Explore New NFT Use Cases as It Backs NFT Lending Start-up

XLS-20 standard proposed by Ripple aims to make NFT creation on XRPL highly compact and effective

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Maker DAO continues to outperform Compound- for following reasons

The DeFi space has some fierce rivals in its different categories ranging from DEXes such as Uniswap and SushiSwap to NFT marketplaces like OpenSea and Magic Eden. In the lending category, AAVE haThe post Maker DAO continues to outperform Compound- for following reasons appeared first on AMBCrypto.

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NFT Lending Pool XCarnival Loses Nearly $4M in Exploit; Hacker Accepts 1,500 ETH Bounty

A hacker exploited a smart contract in non-fungible token (NFT) lending pool XCarnival, stealing nearly $4 million from the platform The post NFT Lending Pool XCarnival Loses Nearly $4M in Exploit; Hacker Accepts 1,500 ETH Bounty appeared first on BeInCrypto.

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CoinRabbit Review – Is CoinRabbit Safe & Legit?

COINRABBIT LOANS The Cryptocurrency world is more than just trading. It’s a whole ecosystem. In it, there’s something for everyone. The various arms of this ecosystem include lending and borrowing, staking, mining, Non-Fungible Tokens(NFT), launch pads, etc.

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