Hello and welcome to the FT Cryptofinance newsletter
Lending is back in vogue in the crypto market.
More than two years have passed since the credit crisis triggered by the collapse of terra network swept through the crypto market, taking down companies such as Voyager, Celsius Network and BlockFi, and with them the industry’s reputation among smaller investors.
But there are signs that this corner of the market is beginning to take off once more with bitcoin up more than 50 per cent this year despite a patchy past three months.
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