Bitcoin Whale MicroStrategy Repays Silvergate Loan And Buys Another $150 Million Worth Of BTC

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Bitcoin Miner Bitfarms Warns of Default, Looks to Amend BlockFi Loan

The outstanding $20 million loan is secured by only $5 million in assets.

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After $4M Funding Round, BlockFi Eyes Savings Account, Crypto Credit Cards

BlockFihttps://bitcoinmagazine. com/articles/blockfi-gives-hodlers-another-option-borrow-against-crypto-assets/, the New York-based startup that provides crypto collateralized loans, has raised additional funds to expand its services.

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U.S. SEC Opens Investigation into Salt Lending and Former Director Eric Voorhees

Shapeshift CEO Eric Voorhees and cryptocurrency loans startup Salt Lending Ltd. is under investigation by the U. S. Securities and Exchange Commission (SEC) concerning its $50 million ICO in 2017, per a Wall Street Journal article, published November 15, 2018.

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Ripple Effect: XRP to Serve as Collateral for $300 Million Cred USD Loan Facility

In another significant news for XRP, holders of the popular cryptocurrency now have access to a $300 million loan facility from Cred. This news is the latest in a long line of real-world adoption for the Ripple cryptocurrency.

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BBVA Completes $150 Million Syndicated Loan on Ethereum Blockchain

One of Spain’s leading banks, Banco Bilbao Vizcaya Argentaria (BBVA), has successfully signed off the terms of a $150 million syndicated loan with the help of blockchain technology, reports Finextra, November 7, 2018.

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BBVA Uses Ethereum To Complete €150 Million Syndicated Loan

The transaction brought together several big banks and represents BBVA's second major blockchain loan pilot this year.

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BBVA Puts $150 Million Syndicated Loan on Ethereum Blockchain

Banking giant BBVA has completed a pilot that put a $150 million syndicated loan for Spain's electrical grid operator on the blockchain.

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Unchained Capital Revamps Loans With Multi-Party, Multi-Sig Storage

Blockchain financial service company Unchained Capital will now offer multi-signature and multi-institution cold storage solutions for borrowers who leverage its crypto-collateralized loans service.

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BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services

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.

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Crypto OTC Broker Genesis Processes $553 Million in Institutional Lending in Six Months

Over Half a Billion Dollars Processed Through Genesis Global Trading Loan Spin-off Within First Six Months A new report on October 18th revealed that Genesis Global Trading has been experiencing a substantial amount of success this year.

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BlockFi Now Offers Litecoin and Gemini Stablecoin-Backed Loan Options

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.

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Another Cryptocurrency Exchange Hack Hits Japan

Another cryptocurrency heist has shaken Japan. This time, 6. 7 billion yen ($60 million USD) worth of company and user funds have vanished from Japanese cryptocurrency exchange platform Zaif.

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Crypto.com to Begin Singapore Debit Card Rollout as Execs Eye Loan Market

Cryptocurrency debit card startup Crypto. com, formerly known as Monaco, announced it has chosen Singapore as the first market for an initial rollout of its product. Credit Cards ‘Unethical Business’ The company — which gained a fair amount of notoriety over its two-year development phase after significantly changing its business structure — raised $25 million in an ICO in June last year.

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Agricultural Bank of China Uses Blockchain For $300,000 Farm Loan Mortgage Issuance

Agricultural Bank of China Proposes Blockchain Technology for Farming Mortgage Loans According to Chinese news platform, financialnews. com. cn, the country’s largest bank, Agricultural Bank of China (ABC) has invested nearly 2 million yuan into potentially using blockchain technology to better collect and store information.

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Founder of Bitcoin [BTC] based scam Bitfunder and Ukyo.Loan pleads guilty

On 24th July, Jon Montroll, the main accused in the $46 million Bitcoin fraud case, has pleaded guilty to obstruction of justice and fraudulence. Cott was responsible for establishing WeExchange Australia Pty Limited, which acted as a cryptocurrency exchange and depository.

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Banco Bilbao Vizcaya Argentaria (BBVA) Bank Gets Blockchain Loan of $117 Million with ACS Group

The Banco Bilbao Vizcaya Argentaria – also known as BBVA – has signed a blockchain loan with ACS Group firm. The information has been released on July the 19 by BBVA in a blog post. The main intention behind this agreement with ACS is to provide a long-term bilateral corporate loan of €100 million. This […]

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