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Shaktiio: the Anti-Liquidation Protocol for Crypto-Backed Loans
6.2.2022
PRESS RELEASE. Based on the Anti-liquidation protocol, Shaktiio develops a liquidation protection programme for CeFi lending platforms. The anti-liquidation protocol aids the stability of the bitcoin market by preventing it from being overextended. The expansion of the loan market and the extensive...
Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs
17.12.2021
On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ethereum for instant funds, Nexo is offering instant liquidity to NFT holders that...
Tether fires back against report it is using reserves for investments and making crypto-backed loans
7.10.2021
"If those loans fail, even a small percentage of them, one Tether would become worth less than $1," said Bloomberg reporter Zeke Faux
Homeowners Offered Crypto-Backed Loans to Finance Home Improvement Projects
15.8.2021
As buying a home is by itself a serious investment, homeowners often lack the cash to fund further improvements to their property. While traditional bank loans are not as easily available, a new partnership now offers crypto holders to use their digital assets as collateral and instantly borrow...
Physical Crypto Bank Opens in India — These 14 Locations Offer In-Person Banking, Lending, Crypto Exchange
30.12.2020
A crypto bank has begun opening physical branches in India through a joint venture between Cashaa and United Multistate co-op society. Customers can open bank accounts, buy and sell cryptocurrencies, obtain crypto-backed loans, as well as learn about crypto. Crypto Bank Opens Physical Branches...
10 Loan Providers Taking Crypto as Collateral, If You Think the Time Is Right for Hodling
21.3.2020
If you are not ready to part with decentralized money, at a time when prices are relatively low, but need some fiat cash to cover costs in times of crisis, crypto-backed loans are a working solution. A number of platforms offer this type of service and their popularity is growing among...
Crypto-backed Loans: How Nexo is Leading the Racea
12.1.2020
The concept of cryptocurrency powered by blockchain technology has led to the evolution of a new financial ecosystem across the globe. You can make transactions using cryptocurrencies, use digital coins in cryptocurrency exchanges for various investment purposes, and even get loans against your...
Uphold Users Gain Access to Salt’s Crypto-Backed Loans
16.12.2019
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. Also Read: Nexo Now Offers Bitcoin Cash Instant Crypto...
Uphold and Salt Partner to Bring Liquidity to Millions Using Crypto-Backed Loans
13.12.2019
Uphold and SALT form partnership to provide millions of users with liquidity through crypto-backed loans
Crypto-Focused Lender Blockfi Launches Trading Platform
5.12.2019
Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes...
Bankera Launches a Global Crypto Backed Lending Solution
21.9.2019
The team behind Bankera, which is building the bank for the blockchain era, has announced the release of its very own lending solution – Bankera Loans. The solution aims to provide flexible and secure crypto-backed loans to cryptocurrency holders globally starting from as low as 100 EUR up to...
Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans
10.5.2019
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. The spread of crypto-backed loans could also be a good indicator...