2020-5-28 22:20 |
With the Federal Reserve now allowing US banks to issue loans with zero reserve, is Tether better off backed by Bitfinex shares than dollars backed by nothing?
Similar to Notcoin - Blum - Airdrops In 2024
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Rocket LP DAO, a blockchain startup that offers users loans, accepting all forms of non-fungible tokens (NFTs) and digital property as collateral including virtual estate, digital art, and others, has issued the world’s first Ethereum Name Service (ENS) backed loan, according to a blog post on April 15, 2020.
2020-4-18 15:00 | |
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Lending and borrowing is the core of world’s finance and a driving force for economies worldwide. It has entered the world of cryptocurrencies as well with a slew of platforms offering cryptocurrency backed loans.
2020-3-6 19:41 | |
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Canadian blockchain startup, Ledn, opens up Latin American cryptocurrency holders to DAI loans using their digital assets as collateral. According to a published post on Coindesk, the firm will start off by offering Bitcoin (BTC) backed loans in the Ethereum based DAI stablecoin in order to promote the use of crypto across the region. Get […]
2019-10-30 00:15 | |
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Coinspeaker Global PoS Network for Pawn Shop`s Loans Backed by Real Gold Launched the Beta TestingA full beta testing of PoS mining in the MINT blockchain network is ready to launch. GoldMint CEO, Dmitry Pluschevskiy discloses the project's details and future plans.
2019-6-4 08:00 | |
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Crypto lender BlockFi is rolling out support for the gemini dollar (GUSD) stablecoin, claiming an expected initial annual percentage yield (APY) of 6. 2 percent for non-U.
2019-5-30 19:44 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.
2019-5-1 01:22 | |
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The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.
2019-4-27 01:30 | |
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Nuo. Network Becomes the Largest Lending Platform in Asia ConsenSys ventures backed Nuo. Network, which is a non-custodial lending platform recently made it to the top 5, dollar Defi (Decentralized Finance) projects and it presently the largest lending platform based in Asia.
2019-4-24 15:52 | |
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Tether, the market-leading stablecoin in both market capitalization and controversy, made changes to its legal terms of service that indicate that USDT is not fully backed one-to-one by US dollar reserves.
2019-3-26 10:42 | |
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A shift in wording suggests that the Tether company is backing some USDT with loans, in effect inflating the money supply without direct dollar inflows.
2019-3-15 12:33 | |
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On Wednesday, investors in Tether, the most dominant stablecoin in the crypto market, pointed out a change in the stablecoin’s Terms of Service and Risk Disclosure which described that its USD reserves will be composed of loans issued by Tether, not solely by cash.
2019-3-14 19:48 | |
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CryptoNinjas BlockFi, a company offering with interest-earning accounts and low-cost USD loans backed by crypto, today announced the launch of the BlockFi Interest Account (BIA). Now publicly available, users can securely store their Bitcoin or Ether at BlockFi and receive 6% annual interest, paid.
2019-3-5 17:15 | |
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HouseCoin is a UK Real Estate Development Finance lender which specialises in loans which are backed by large scale UK Development Projects. All loans will be repaid using House Coins via Smart Contracts while using British Fiat Currency as a baseline of exchange.
2019-1-19 21:03 | |
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A Melbourne-based company is now offering crypto-backed loans. Helio operates under an Australian Credit License (ACL) issued by the Australian Securities and Investments Commission (ASIC). In the current bear market, cryptocurrency holders can borrow fiat money and keep their digital coins for better times.
2018-12-9 05:30 | |
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The advent of cryptocurrency backed loans will have profound ramifications on the crypto markets. Although several exchanges and credit companies have tried to enter the space, none of them have achieved market dominance.
2018-11-13 18:21 | |
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Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.
2018-10-31 17:17 | |
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What Is Victorieum? Victorieum is a blockchain-based offshore bank that services cryptocurrency traders, enthusiasts, and investors. The platform aims at offering its users with a cryptocurrency banking system that will provide banking services such as asset management, crypto backed loans, credit cards, crypto exchanges, and much more.
2018-10-23 10:23 | |
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Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether.
2018-10-16 16:07 | |
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The decentralized lender ETHLend has listed the gold-backed cryptocurrency, the Digix Gold token (DGX), on its platform; enabling borrowers to effectively use gold as collateral for blockchain lending.
2018-8-23 15:00 | |
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A $300,000 blockchain loan backed by land has issued by the Agricultural Bank of China, the world’s fourth-largest bank by assets
2018-7-31 12:25 | |
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GoldBox strives to provide users with an integrated blockchain-based application to allow for safe storage of digital assets, fiat currency loans, digital assets mortgages, and management. Their blockchain solution provides users with an alternative solution for exchange digital and fiat currency while relying on blockchain technology.
2018-7-12 21:47 | |
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Informal sector traders and retailers in Nairobi are overcoming credit apathy by the country’s banks with new age blockchain technology marketplace apps. They are using an online marketplace called Twig, a startup backed by IBM.
2018-6-14 15:31 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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A recent analysis from EGRAG CRYPTO has captured the attention of the crypto community with an ambitious prediction. The analyst suggests that XRP’s market cap could potentially reach an astounding $3 trillion, a development that would elevate the token into the top tier of digital assets and significantly impact the entire crypto landscape. Related Reading: […]
Ripple has highlighted the 2024 US election as a crucial juncture for the crypto industry, according to a May 29 statement. In response, the company has donated $25 million to Fairshake, a federal super PAC that backs pro-crypto and pro-innovation candidates.
Quick Take On May 28, the London Stock Exchange opened trading for crypto exchange-traded notes (ETNs), but access was restricted to regulated financial investors, excluding retail traders. This development raises questions about the demand for these ETNs, especially since European investors have already had access to digital asset ETFs for some time now.
Quick Take Farside data shows that Bitcoin (BTC) Exchange-traded funds (ETFs) experienced $45 million in inflows on May 28. Seven of eleven ETFs recorded positive inflows, reflecting broad interest among issuers.
За последние 24 часа рынок криптовалют буквально засиял новыми красками! Bitcoin и несколько альткоинов показали значительный рост, хотя это только начало. BNB, Ripple, Dogecoin и Solana порадовали инвесторов своим ростом, подтвердив положительные тенденции на рынке.
Both Ripple (XRP) and Cardano (ADA) have experienced their prices go above $3, but never reached $4 or $5 due to price volatility and several economic sentiments. This happened especially with Ripple coin, whose network underwent regulatory challenges that affected its value drastically.
Cryptocurrency exchange Coinbase has resumed XRP trading in the state of New York again following a 2021 suspension. Paul Grewal, Coinbase’s chief legal officer, announced on X that XRP is now available to trade in the state. “We heard you…