2020-8-4 16:00 |
Genesis’ crypto lending arm came back strong in 2Q after a rocky 1Q. Separately, executives acknowledged the firm makes some uncollateralized loans. origin »
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In a release to the BEG reporting desk this Thursday, BlockFi, a crypto-focused financial service company, announced the launch of its mobile application. The mobile app is available on both iOS and Android devices allowing users to manage crypto-backed loans, Zero fee mobile transactions, trading, and earn up to 8.6% interest APY on deposits through […]
2020-6-25 16:19 | |
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A recent job listing at blockchain-based payments firm Ripple indicates that it is working on a working capital loan product.
2020-5-13 11:38 | |
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Anthony Pompliano's investment firm has joined a seed round for Atomic Loans, a startup looking to create bitcoin-backed lending instruments.
2020-4-16 17:25 | |
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Renowned crypto lending firm Nexo has opened up the possibility of retail investors to use PAX Gold (PAXG) as a collateral option against loans. The firm had previously launched a pilot scheme on the same but the services were only available to institutional investors only.
2020-3-26 23:26 | |
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Crypto lending and borrowing firm, Cred, has signed an agreement with NBA Brooklyn Nets basketball star and tech entrepreneur Spencer Dinwiddie to enhance crypto lending. Cred rolled out a new post on their website to encourage Dinwiddie's fans to start using their current holdings to earn interest.
2020-3-20 21:06 | |
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Flash loans firm Aave, which allows users to borrow crypto without collateral, has been a major success since raising $14 million of liquidity in just three weeks. The success of...The post Flash Loans Platform Aave Locks in $14m in First Month appeared first on Cryptocurrency News.
2020-2-10 13:37 | |
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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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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 […]
2019-8-8 17:50 | |
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Crypto loans platform YouHodler left a database with millions of logs containing users' private financial data unprotected, researchers found.
2019-7-25 14:40 | |
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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.
2019-7-6 15:34 | |
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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 […]
2019-7-6 03:05 | |
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Crypto loans firm Nexo says it will accept the gram ICO token from Telegram as collateral. Trouble is, the tokens may not be available for some time.
2019-7-5 17:00 | |
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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.
2019-6-27 14:00 | |
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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.
2019-6-14 23:58 | |
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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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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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Cryptocurrency trading and lending firm Genesis Capital released a “Digital Asset Lending Snapshot” for Q1 2019, indicating that it originated $425 million for the period.
2019-4-26 21:14 | |
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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. […]
2019-4-3 21:01 | |
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Elon Musk might be fighting for his job in the U. S. , but his company is on track to achieve its dream of mass producing its Model 3 sedans in China. The company has secured over $500 million in loans from Chinese lenders as it inches closer to building its vehicle and battery Gigafactory in China.
2019-3-9 17:25 | |
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A company is offering cash loans with crypto as collateral. In addition to consumers, the platform says miners, traders and blockchain firms could benefit #SPONSORED
2019-2-19 16:10 | |
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A lending firm which allows borrowers to use their cryptocurrency holdings as collateral has claimed an “amazing performance” after lending out more than half a billion dollars worth of fiat currency in the last five months of 2018.
2019-2-7 23:39 | |
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The cryptocurrency winter has been one of many contrasts. While some firms have gone out of business and shut down, some have thrived. Celsius Networks belongs to the latter. Based in London, the firm launched just six months ago, but it has grown by leaps and bounds.
2019-2-6 14:56 | |
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According to a report by VCCircle published on January 31, 2019, venture capital firm Accel India has invested $1 million in startup StreamSource, a blockchain-based marketplace for unsecured personal loans.
2019-2-2 02:00 | |
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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.
2018-12-14 01:12 | |
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On October 30, 2018, Yahoo! Finance reported that Facebook recently banned ads from Bloom, an online identity management service which focuses on online identity protection. According to the report, Facebook said this By merely as the firm was offering deceptive financial services products.
2018-10-31 12:00 | |
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With Ethereum’s launch in 2015 came a flurry of excitement over the future potential of smart contracts. Utilizing a more flexible scripting language than Bitcoin, the platform’s decentralized applications (DApps) were touted by proponents as unlocking a plethora of formerly untapped use cases for the blockchain.
2018-10-30 21:45 | |
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The cryptocurrency loans offshoot of just one firm saw through-flow of over half a billion dollars in its first six months on the market. ‘Incredibly Strong Reception’ That’s according to third quarter statistics released October 18th by Genesis Capital, a US-based over-the-counter trading firm.
2018-10-19 04:00 | |
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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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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-8 21:30 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-10 21:30 | |
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Fintech businesses struggling to stay inbounds of government rules may soon receive a dose of much-needed guidance via the Consumer Financial Protection Bureau (CFPB).
2018-8-3 18:23 | |
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Binance Lab, the investment section of the world’s largest cryptocurrency exchange, has made an undisclosed investment in Libra Credit, a decentralised cryptocurrency asset financial service firm.
2018-7-28 15:59 | |
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Cryptocurrency-to-USD lending platform, BlockFi announced on July 24, 2018, that it has successfully raised $52. 5 million in its latest funding round led by Galaxy Digital Ventures LLC, a New York-based asset management firm owned by Bitcoin evangelist Mike Novogratz.
2018-7-26 19:00 | |
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Mike Novogratz Invests $52. 5 Million in Crypto Startup, BlockFi In a recent announcement, it has been noted that crypto fanatic and CEO of Galaxy Digital, Mike Novogratz has invested $52. 5 million on behalf of its firm to a crypto startup called BlockFi.
2018-7-24 21:11 | |
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Switzerland-regulated platform Fulcrum has announced the launch of its crypto-backed loans and lending platform, supporting top coins and stablecoins.
Crypto lending platforms like CoinRabbit, Binance, and Aave make borrowing faster and simpler, letting users access loans in minutes.
Celsius repayment update — crypto lender starts $220.6M third payout, bringing creditor recovery close to 65%.
Maple Finance has closed the first tranche of a Bitcoin-backed financing facility from global investment bank Cantor Fitzgerald. The deal is part of Cantor’s $2 billion Bitcoin financing initiative, which also included a facility for FalconX. The program aims to…
SRx Health Solutions, Inc. announced on Thursday that it intends to launch a new subsidiary focused on borrowing crypto. These investments include cryptocurrencies like Solana (SOL) and Bitcoin (BTC), forming a key part of a wider strategy to utilize its…
Blockstream, a provider of Bitcoin-powered financial infrastructure, has secured billions of dollars in investment as it prepares to launch its crypto lending funds. The Bitcoin (BTC) developer platform, which raised millions of dollars in debt financing in 2024, also noted…
Maple Finance has launched “Lend + Long,” an on-chain structured yield product that combines treasury yields with Bitcoin upside potential while eliminating downside risks. This innovative solution is specifically tailored for institutional investors, corporate treasuries, and yield funds, bridging the…