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El Salvador Readies Launch Of Cheap Bitcoin-Backed Loans For Small Businesses
Despite the flagship cryptocurrency falling to six-month lows, El Salvador is not wavering in its bitcoin flag-waving. The government of the Central American nation is exploring creating low-interest loans backed by bitcoin for small-to-medium-sized enterprises across the country. дальше »
2022-1-22 19:33 | |
Best Bitcoin Lending Sites 2020 – P2P Crypto Loans
Bitcoin’s flexible nature has enabled it to evolve into a multifaceted financial phenomenon that acts primarily as a store of value but can be used for many other purposes as well. One of the emerging trends in bitcoin industry are bitcoin loans that can be taken from bitcoin lending platforms – which is the topic […]The post Best Bitcoin Lending Sites 2020 – P2P Crypto Loans appeared first on CaptainAltcoin. дальше »
2020-2-20 00:52 | |
How Bitcoin Would Respond if Trump Ends Student Loan Forgiveness
President Donald Trump has indicated that he is considered shuttering the Public Service Loan Forgiveness program started by former President George W. Bush. The program, which forgives student loans for those working in government jobs or non-profits, has been a thorn in the administration’s side from the start. дальше »
2020-2-16 20:26 | |
What Will Happen to Bitcoin If $1.6 Trillion of Student Loans Are Forgiven
Democratic presidential hopefuls Senator Bernie Sanders (I-VT) and Senator Elizabeth Warren (D-MA) have offered to forgive student loans to the tune of $1. 6 trillion. The plan would, ostensibly, increase spending money for cash-strapped young people and boost economic growth. дальше »
2020-2-3 04:24 | |
Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans
U. S. -based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. дальше »
2020-1-16 14:20 | |
DeFi Lender Nexo Is Now Offering Instant Credit Lines for Bitcoin Cash (BCH)
Nexo is one of the most successful crypto lenders on the market and has developed the BCH lending service in collaboration with Bitcoin.com. By making BCH-backed loans available on their platform, it enables BCH holders to take loans against their assets instead of having to sell when needing liquidity. This increases the utility of the […] дальше »
2019-12-16 21:19 | |
Uphold Users Gain Access to Salt’s Crypto-Backed Loans
Uphold users have gained access to loans from Salt Lending using crypto holdings such as bitcoin cash (BCH) as collateral. The digital money platform has more than 1. 5 million users globally and has powered over $5 billion in transactions. дальше »
2019-12-16 06:09 | |
How much are Jeff Bezos and Bill Gates worth in Bitcoin?
Most millennials are burdened with student loans or debts. However, most millennials are also working towards achieving financial independence. Like many, even I'm working my way towards financial indThe post How much are Jeff Bezos and Bill Gates worth in Bitcoin? appeared first on AMBCrypto. дальше »
2019-12-10 17:00 | |
Celsius CEO Alex Mashinsky talks crypto lending and why Bitcoin won’t be the “winning” blockchain
CryptoSlate recently had the opportunity to chat with Celsius Network CEO Alex Mashinsky. Mashinsky is a serial entrepreneur and founder of seven NYC based startups, having raised over $1 billion and exiting over $3 billion. дальше »
2019-11-25 15:33 | |
Unbank Yourself - How DeFi & Crypto Banking help Bitcoin cross the chasm
Alex Mashinsky is a successful entrepreneur best known for inventing VOIP which enables 1B people to talk over the internet for free. VOIP disrupted the Telecom companies and now Alex wants to disrupt the banks with Money Over IP. дальше »
2019-11-25 02:45 | |
Britain’s Tax Authority Updates Crypto Guidelines
Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities and private individuals. дальше »
2019-11-5 01:00 | |
Bad Loans at Big British Banks Jump Over 50% in a Year
Shaken by the never-ending saga around Brexit and the global slowdown, the British economy is now showing signs that point to an upcoming crisis. The U. K. ’s biggest banks have been dealing with a growing number of loans companies are struggling to pay off. дальше »
2019-11-4 11:30 | |
LocalBitcoins Purchases in Chinese Yuan Currency Reach an All-Time High
Analysts state that Chinese banks are struggling under the weight of their bad loans, and in response, the public is turning towards alternative payment methods such as bitcoin. Four banks have been quietly nationalized over the last few years, they are Baoshang Bank, Bank of Jinzhou, and Heng Feng bank. It’s possible that the economic […] дальше »
2019-11-3 18:36 | |
Genesis Capital Records $870 Million in Q3 Loans as Centralized Crypto Lending Market Widens
Genesis Capital, an institutional crypto lending company, has seen a 38 percent increase in loans originated from Q2 this year, with $870 million worth of loans given out. As per their Q3 insights report, total originations in the last one and a half years stands at a whopping $3. дальше »
2019-10-31 12:00 | |
Canada’s Ledn Set to Offer DAI Loans Backed with Bitcoin (BTC) as Collateral
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 […] дальше »
2019-10-30 00:15 | |
SoFi adds Ethereum, Bitcoin and Litecoin to its investment platform
SoFi, a startup focused on refinancing student loans has decided to follow the ongoing trend of availing crypto trading services. The San Francisco-based startup announced the addition of Bitcoin, Ehereum, and Litecoin trading to its rapidly growing SoFi Invest platform. дальше »
2019-9-25 18:00 | |
San Francisco’s Kiva Launches DLT-Based Credit Score Verification System in Africa
Kiva, a non-profit organization that claims to make it possible for people to lend money to low-income entrepreneurs and students in various countries, has launched a blockchain-based credit database in Sierra Leone, to enable residents to easily prove their credit history and secure loans, reports Reuters on August 21, 2019. дальше »
2019-8-23 17:00 | |
Silvergate Bank Looking to Become Institutional Crypto Lender
One of the few go-to financial service providers that are Bitcoin and Crypto friendly, Silvergate Bank, is looking to expand its services to include crypto-currency lending, according to an updated IPO filing. дальше »
2019-8-20 12:00 | |
As US Expands Subprime Mortgage Program, Is a New Crisis Looming?
The Federal Housing Administration, a division of the U. S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. дальше »
2019-8-20 22:31 | |
Dharma Halts Fresh Deposits Less Than a Week After Software Bug
Dharma Protocol, a tokenized lending and debt trading platform, has announced that users cannot make fresh deposits or take new loans until the team implements a few new developments. This news comes mere days after the project admitted there was a frontend bug that muted lending activity and reduced overall platform usage, August 7, 2019. дальше »
2019-8-9 19:00 | |
Instant P2P Crypto Lending Service Dharma Lever, Halts Loans And Deposits On The Platform
Dharma Lever launched back in 2017, during the crypto boom giving its users a platform to get loans and credit against their crypto holdings – primarily Bitcoin. However, the services offered by the crypto firm are set to halt this month following an official announcement on the company’s official Twitter account. The lending services became […] дальше »
2019-8-8 17:50 | |
PR: CoinLoan Welcomes Bitcoin Cash to Their List of Collateral Currencies
CoinLoan is among the first to offer loans secured by Bitcoin Cash As we mentioned in our previous updates, new assets are about to join CoinLoan’s list of cryptocurrencies soon. CoinLoan keeps its promises, and today, we pride ourselves on adding a new collateral currency to the CoinLoan platform — Bitcoin Cash (BCH). дальше »
2019-7-25 12:30 | |
Ethereum rules the roost in terms of loans issued; figures cross $150 million mark in Q2 of 2019
The use case of cryptocurrencies has been the claim to fame for the industry and some parameters are already reflecting that ideology. Major digital assets like Bitcoin and Ethereum have been in the news multiple times this year, not just because of their price hikes and an increase in market caps, but also for the […] The post Ethereum rules the roost in terms of loans issued; figures cross $150 million mark in Q2 of 2019 appeared first on AMBCrypto. дальше »
2019-7-13 16:00 | |
Tether Is In The Soup ‘Again’ For Blatant USDT Issuance
On July 8 the office of the New York Attorney General submitted a report detailing Bitfinex and Tether’s alleged illegal trading and securities issuance in the state of New York. Have Tether and Bitfinex Colluded to Manipulate Bitcoin Price? A recently filed Memorandum of Law filed by the New York Attorney General’s Office (NYAG) alleges that Bitfinex and Tether knowingly issued USDT as loans to investors and operated as an unregistered securities operator in New Read More The post Tether Is In The Soup ‘Again’ For Blatant USDT Issuance appeared first on Bitcoinist.com. дальше »
2019-7-10 13:00 | |
Crypto Startup Casa Partners with BlockFi
Digital assets security company Casa on June 25, 2019, announced a partnership with BlockFi, a fintech firm that offers cryptocurrency loans and interest-bearing accounts. Easing Access to Crypto Financial Products In a bid to provide digital asset holders easy access to BlockFi’s lucrative investment products, Casa has teamed up with the Mike Novogratz-backed startup. дальше »
2019-6-27 14:00 | |
VELIC crypto exchange adds new loan service up to 20,000 USDT
VELIC, a recently launched cryptocurrency, and blockchain exchange ecosystem, today announced the launch of user loan services, starting from June 18th. Initially, the loans will be offered in USDT, with an aggregate cap of 20,000 USDT per account. дальше »
2019-6-14 22:32 | |
BabelFinance predicts $1 billion in crypto-backed loans by the end of the next bull run
BabelFinance, a bank offering service to crypto-investors, crypto-miners and institutions related to crypto, is in the news after it announced that it had issued crypto-backed loans worth $110 million, out of which $88 million were outstanding loans. дальше »
2019-6-13 14:30 | |
CLAM Market Crash Costs Poloniex’s Bitcoin Lenders 16.202% of Their Balance
Margin lending is a very risky business, regardless of which industry it is performed in. As far as cryptocurrency margin lending is concerned, things are bound to get interesting, albeit not always for the right reasons. дальше »
2019-6-7 11:30 | |
BlockFi Now Accepts Deposits and Issues Loans in Gemini USD (GUSD)
American crypto finance company BlockFi announced support for customers using Gemini USD (GUSD) as a substitute for fiat USD, on May 29, 2019. This move paves a path for non-U. S. residents to access the dollar-denominated debt market. дальше »
2019-5-30 15:00 | |
BlockFi Adds Gemini Dollar Stablecoin Support
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. дальше »
2019-5-30 19:44 | |
Chinese Speculators Borrow Millions To Invest In Crypto, Says Bank CEO
Chinese speculators are borrowing in droves to take out positions in the bull market, according to one lender. BabelBank, one of the largest commercial crypto banks, has seen a significant increase in speculative borrowing. дальше »
2019-5-29 18:36 | |
In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
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. дальше »
2019-5-13 16:37 | |
Latest Upward Crypto Market Trend Allows For Crypto-Backed Loans To Make A Comeback
Recent Market Surge Is Allowing Crypto-Backed Loans To Make A Comeback Since the start of the year, the cryptocurrency sector has been enjoying a comeback of sorts — with currencies such as Bitcoin, Ethereum, Litecoin experiencing their highest levels of growth in over 16 months. In addition to all this, the last 4-5 months have […] дальше »
2019-5-10 21:15 | |
Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans
With cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets. дальше »
2019-5-10 05:31 | |
Coin 360 Provides Color-Based Crypto Market Data
Websites dedicated to cryptocurrency data are prone to looking dull and overcrowded with numbers, percentages and charts that may put off newcomers to the space. Platforms such as Coin 360 are more intuitive for users, providing an easy to comprehend visual representation of the current market. дальше »
2019-5-7 14:40 | |
Anti-Crypto Billionaire Munger Defends Bank Scandal as ‘Honest Mistake’
By CCN: Warren Buffett sidekick Charlie Munger likened “bitcoin people” to the apostle who betrayed Jesus. Meanwhile, he views scandals set in motion by Wells Fargo executives as an ‘honest mistake. дальше »
2019-5-7 20:30 | |
Celsius Wallet App Offers Interest and Loans for Your Cryptocurrency
With crypto markets rising, hodling seems to be a sound investment strategy once again. If you have coins you want to keep, you can earn some interest on your digital assets thanks to platforms such as Celsius Network. дальше »
2019-5-4 14:50 | |
“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
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. дальше »
2019-5-1 01:22 | |
Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
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. дальше »
2019-4-27 01:30 | |
Bitcoin Dominates Demand as Genesis Processes $425 Million of Loans in Q1 2019
Crypto lender Genesis processed $425 million in loans over the first quarter of 2019
дальше »2019-4-26 17:36 | |
How some traders avoid bitcoin taxes using crypto loans
Some traders are using cryptocurrency as collateral to secure loans, allowing them to keep their bitcoin and get cash while avoiding capital gains tax. Due to the popularity of the option, the crypto loan industry has been growing rapidly. дальше »
2019-4-4 21:50 | |
Billionaire Brock Pierce Takes Out First-Ever Bitcoin-Backed Mortgage
Bitcoin billionaire Brock Pierce took out a crypto-backed mortgage to buy a $1. 2 million home in Amsterdam. But why didn’t he just sell some bitcoin and buy it? Use Bitcoin as Collateral for a Mortgage Cryptocurrency companies that allow you to earn interest on your bitcoins or get dollar loans are springing up like weeds. дальше »
2019-4-4 16:00 | |
Atomic Capital Goes On The Attack With New Crypto Loan Offer In The Market
Atomic Capital Makes A Very Aggressive Loan Offer In The Crypto Market The asset tokenization company, Atomic Capital, is making a very aggressive loan offer in the crypto lending field. Back on Wednesday, the firm will be giving USD loans for 85% of the value of the Bitcoin (BTC) or Ethereum (ETH) used as collateral. […] дальше »
2019-4-3 21:01 | |
What Is Bankera? Introduction to BNK Token and SpectroCoin
What Is Bankera? Bankera is a full-suite blockchain-based banking replacement developed by cryptocurrency exchange/wallet company SpectroCoin. Bitcoin was hailed as a replacement for traditional banking, but it’s only a currency (and a difficult one to spend). дальше »
2019-3-30 16:10 | |
Tether’s Lack of Fiat Backing Could be Catastrophic for Bitcoin, Analyzing USDT’s Troubling Terms of Service
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. дальше »
2019-3-26 10:42 | |