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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 | |
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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 | |
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Nexo: We will Take the Gram ICO Token From Telegram as Collateral
Coinspeaker Nexo: We will Take the Gram ICO Token From Telegram as CollateralCrypto loans firm Nexo said they will accept the Gram ICO token from Telegram as collateral allowing customers to use the tokens as backing for its instant credit lines and planned credit card. дальше »
2019-7-6 15:34 | |
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Nexo Crypto Loan Firm Agrees to Accept Telegram’s ICO Token as Collateral
Telegram recently decided to launch the new Gram ICO token, and it is already being well-received by the community. The Nexo crypto loans firm recently expressed that they are willing to accept this new token as collateral, but the token is likely not going to be available for a while. The first public sale of […] дальше »
2019-7-6 03:05 | |
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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 | |
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SALT partners with DASH masternode hosting service, NODE40
SALT, a provider of crypto-backed loans for cryptocurrency holders, today announced its partnership with NODE40, a blockchain masternode hosting and monitoring provider. The partnership will provide expanded loan options for DASH masternode owners in tandem with the Dash community’s first masternode hosting service. дальше »
2019-6-27 17:34 | |
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BabelFinance: We Have Given Out $110 Million in Crypto Loans Mostly to Chinese Entrepreneurs
BabelFinance, a crypto financing firm reported on Wednesday that it had given out about $110 million in form of crypto loans since inception in July 2018. The company says that most of its loans have been offered to Chinese entrepreneurs. дальше »
2019-6-14 23:58 | |
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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 | |
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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 | |
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Poloniex Users Threaten to Sue After Losing $13.5M in CLAM Flash Crash
By CCN: U. S. -based cryptocurrency exchange Poloniex has revealed that its lenders lost $13. 5 million in a sudden CLAM price crash. To cover its losses, the exchange slashed the principal of active BTC loans by approximately 16%. дальше »
2019-6-7 21:20 | |
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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 | |
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MakerDAO finally lowers its stability fee as Dai overshoots peg
MakerDAO token holders voted to decrease the stability fee on the Dai stablecoin by 2 percent to 17. 5 percent. Executed on May 28, this will be the first time the fee has been lowered in over five months. дальше »
2019-6-6 22:18 | |
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Global PoS Network for Pawn Shop`s Loans Backed by Real Gold Launched the Beta Testing
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. дальше »
2019-6-4 08:00 | |
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Celsius has Facilitated $1.2 Billion in Crypto Loans in 10 Months, With Over $200 Million in Deposits
Depositors from more than 100 nations have received interest paid from over $1. 2 billion in loans issued to hedge funds and crypto exchanges. Celsius Network, a top cryptocurrency lending, and borrowing platform has announced its listing on Liquid, a leading crypto exchange focused on bridging the gap between the traditional financial system and the crypto […] The post Celsius has Facilitated $1. дальше »
2019-6-3 07:26 | |
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Crypto Lending: The Solution to Banking Woes?
With the rapid growth of the cryptocurrency space, more and more niches and industries are seeing legitimate disruption from startups and projects leveraging blockchain. One such example is finance, or more specifically, lending. дальше »
2019-6-1 18:03 | |
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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 | |
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Bitbond Small Business Loan Company Gets Legal Approval to Launch Security Token Offering (STO)
Small Scale Loan provider Bitbond is raising €3.5 million up in a Security Token Offering (STO) to help SMEs in Asia. This denotes the first STO to be endorsed by German administrative body BaFin. As a private venture involved in loan provision, Bitbond boasts of facilitating business loans worth over €13 million to support SMEs […] дальше »
2019-5-30 01:10 | |
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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 | |
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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 | |
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Oldest S Korean Bank Launches Blockchain-Powered Loans For the Whole Nation
South Korea’s oldest bank, the Shinhan Bank, headquartered in Seoul, has revealed a new loan application system powered by… The post Oldest S Korean Bank Launches Blockchain-Powered Loans For the Whole Nation appeared first on Invest In Blockchain. дальше »
2019-5-28 13:19 | |
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South American Startup Ripio Rolls Out Crypto-Fiat Exchange and OTC Desk
Ripio launches cryptocurrency to fiat trading platform, including an OTC desk and blockchain-based loans
дальше »2019-5-17 21:54 | |
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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 | |
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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 | |
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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 | |
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Tron Offers Help to Binance, Partners with Cred to Provide Crypto Loans to TRX Holders
Tron announces a partnership with Cred lending service to offer customers returns on TRX and other Tron-based coins in LBA coin The Tron Foundation has arranged a new partnership with a lending startup Cred, which. дальше »
2019-5-8 10:28 | |
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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 | |
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Bernie Sanders’ Wall St. Tax to Fund College Tuition Would Kill Economy
By CCN: Bernie Sanders is looking to spread good cheer throughout the U. S. He is offering up another idea that would allegedly alleviate millions of residents of their crippling student loans. Unfortunately, the White House hopeful has been slow in explaining how he plans to fund it. дальше »
2019-5-7 04:15 | |
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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 | |
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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 | |
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MakerDAO Unveils Technology to Leverage Its DAI Stablecoin via Any Crypto Asset
The MakerDAO community is making an effort to push its token forward and we are not talking about hiking the stability fees of the token this time. Soon people will be able to back their loans with any kind of token, not only ETH as it was before. During the weekly community call, the product […] дальше »
2019-5-2 14:32 | |
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“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 | |
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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 | |
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Decentralized Finance Project Dharma Labs Dishes Out Over $6 Million In Loans During First Month
Decentralized Finance Startup Dharma Provides $6. 4 Million In Crypto Loans in Just Three Weeks Cryptocurrency and Decentralized Finance (DeFi) applications are expanding in the market. Ether (ETH) holders are trying to mitigate portfolio losses that they experienced in 2018. дальше »
2019-4-26 22:05 | |
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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 | |
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DeFi Loans Top $35 Million a Month
Some $35 million has been lent out by ethereum dapps in the past 30 days from just three dapps according to LoanScan. MakerDAO’s DAI dominates with about $25 million, but... дальше »
2019-4-25 17:51 | |
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JD.com says putting chickens on the blockchain was great for business
China’s popular online retailer JD. com says sales of free-range chickens have doubled in the past two years, and blockchain technology has played a key role. Its initiative for putting chickens on the blockchain, called “Running Chicken,” sees professional breeders hired by JD. дальше »
2019-4-24 16:42 | |
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ConsenSys-backed Nuo Network Crypto Lending Platform Becomes Asia’s Biggest with $2 Million in Reserves
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. дальше »
2019-4-24 15:52 | |
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Elizabeth Warren’s Bombastic Rhetoric Smacks of Grandstanding
By CCN: 2020 Democrat presidential hopeful Elizabeth Warren is at it again. Just a few weeks after flying the kite of slavery reparations in an effort to pander to African American voters, the Massachusetts senator has come out swinging. дальше »
2019-4-23 22:47 | |
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bZx to launch Fulcrum, a tokenized margin trading interface
CryptoNinjas bZx, a decentralized margin lending protocol and liquidation oracle marketplace on the Ethereum blockchain, is soon to launch Fulcrum, a front-end web interface for interacting with bZx smart contracts. дальше »
2019-4-16 11:57 | |
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Datarius is Opening P2P Credit Platform
Datarius Cryptobank announces the launch of alpha version of the 2P2 credit exchange on April 15. The main goal of the project is free and equal access of all people to transparent financial instruments based on blockchain technology. дальше »
2019-4-10 21:05 | |
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