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? origin »
Bitcoin price in Telegram @btc_price_every_hour
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
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 | |
|
|
XRP crowd sentiment has slid to a three-month bearish extreme, while the XRP Ledger just posted 49,929 active addresses, its highest in over two months.
Whale wallets bought more than 72 million XRP in 24 hours, according to an on-chain update, putting large-holder accumulation back under the market spotlight.
Ripple (XRP) is down by nearly 1% in the last 24 hours and is trading near the psychologically important $1. 00 support level on Friday. Consistent inflows into US-listed spot XRP Exchange-Traded Funds (ETFs), accumulation by large holders, and an improving risk-to-reward profile suggest that selling pressure may be easing.
Ripple (XRP) remains under selling pressure on Thursday after recording modest declines this week. XRP is hovering near the psychologically important $1. 00 support level, down by more than 1% in the last 24 hours.
XRP depreciation drove most of TOXR’s first-half damage, while negative net capital transactions reduced its share base before second-quarter net issuance turned positive. The post 21Shares XRP ETF loses 54% of assets as redemptions lock in $13.4 million loss appeared first on CryptoSlate.
Ripple has voted for the fixCleanup3_3_0 amendment as the proposal has secured support from 8 of 35 trusted XRP Ledger validators during its early voting stage. XRP Ledger fixCleanup vote remains below activation level XRPL validator voting data cited by…
The number of XRP wallets holding more than 1 million tokens is rising while XRP's price falls, indicating whale accumulation. What the Santiment update.