Cred sued Uphold in June 2022 over a jointly promoted crypto yield product called CredEarn.
Here’s What Happened at Crypto Lender Cred’s Latest Bankruptcy Hearing
Judge John Dorsey of the Delaware Bankruptcy Court rejected a motion to appoint a Chapter 11 trustee to oversee Cred’s restructuring.
Bad Loans, Bad Bets, Bad Blood: How Crypto Lender Cred Really Went Bankrupt
Cred’s bankruptcy filing mainly blames fraud by an outside party. The full picture painted by former employees is more complex, and highlights the risks of the budding crypto lending market.
Crypto Lender Cred Files for Bankruptcy
In October, the lender published a cryptic letter saying that it has experienced “irregularities” in the handling of “specific” corporate funds by a “perpetrator of fraudulent activity.”
Cred Says Fraudulent Activity Led to Loss of Funds; Law Enforcement Investigating
Decentralized lending platform Cred says it’s cooperating with law enforcement over a “loss of funds.”
Visa Adds Crypto Lender Cred to Fast Track Payments Program
Decentralized lending platform Cred is the latest crypto firm to join Visa’s Fintech Fast Track Program with the goal of scaling faster.
Cred Taps Former NSA, Western Union Bosses for Leadership Team
Crypto lender Cred is bolstering its technical knowledge by bringing on an experienced CISO and CTO.
Crypto Lender Cred Is Offering Investors 10% Interest With Spencer Dinwiddie Partnership
Crypto investors can “pledge” five different cryptos, including two stablecoins, to Cred and earn up to 10 percent interest in a new partnership with NBA star Spencer Dinwiddie.
Binance Partners With Crypto Lending and Borrowing Firm Cred
Binance exchange is teaming up with Cred to offer cryptocurrency lending and borrowing services across its ecosystem.
Bittrex-Backed Euro Stablecoin Can Be Staked for 8% Interest
A group of blockchain firms called Universal Protocol Alliance is launching a euro-pegged stablecoin that can be staked to earn annual returns.
TrueUSD Stablecoin Holders Can Get ‘Up to 8%’ Interest Via CredEarn
Holders of the dollar-pegged stablecoin TrueUSD can now leverage their funds to earn interest through crypto lender Cred.
Crypto Payments Startup Uphold Launches Lending Products
Crypto payments startup Uphold is launching Earn and Borrow in collaboration with lending platform Cred.