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DeFi Lending Platform Rari Capital Settles SEC Charges
18.9.2024
The U.S. Securities and Exchange Commission settled charges with decentralized finance lending platform Rari Capital and its co-founders
DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says
14.6.2024
Curve founder Michael Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered
Icon (ICX) & Cardano (ADA) traders are increasingly drawn to Kelexo (KLXO) lending platform as Ethereum (ETH) continues its downward trend
24.4.2024
The crypto market is experiencing change, and with Ethereum’s (ETH) recent slump, traders are looking for new horizons. So far, Kelexo (KLXO) is one crypto project that’s attracting increasing interest, particularly from Cardano (ADA) and Icon (ICX) holders. Kelexo’s presale makes...
The promise of Kelexo’s (KLXO) lending platform captivates BNB & Polkadot (DOT) investors amid a turbulent market
22.4.2024
Experts claim that DeFi is the way of the future. Since the much-anticipated Bitcoin (BTC) halving is quickly approaching, investing in decentralized initiatives today could result in a substantial return on your capital. Therefore, even in the early phases of Kelexo’s (KLXO) presale...
BlockDAG’s $9.9m rally surpasses Sui crypto forecast and Kelexo lending platform
28.3.2024
BlockDAG’s impressive growth trajectory, Sui Crypto’s promising forecast, and Kelexo’s utility are encapsulated in this comprehensive analysis. Sui Crypto Price Prediction indicates a notable surge, reflecting its resilience amidst market fluctuations. Kelexo Lending Platform...
Nearing end of Q1 sees Kelexo’s (KLXO) lending platform draw Ethereum (ETH) & Litecoin (LTC) investors to stage 2 presale
22.3.2024
The first quarter of 2024 is gradually coming to a close, and the crypto market is antsy in supporting a new crypto token that offers real-world utilities. If you’re new to the crypto market, then you should know that at times like this, you need to watch experienced investors very closely...
Crypto Lender Nexo Receives Initial Approval for Dubai License from VARA
5.3.2024
Dubai's Virtual Assets Regulatory Authority (VARA) has awarded a virtual asset service provider (VASP) license to Bulgarian decentralized lending platform Nexo.
The post Crypto Lender Nexo Receives Initial Approval for Dubai License from VARA appeared first on Cryptonews
Court Filing Shows Genesis Settled With NYAG, Aims to End Crypto Lending Platform Dispute
10.2.2024
After settling with the U.S. Securities and Exchange Commission (SEC), Genesis Global has reportedly reached an agreement to settle with the Office of the New York Attorney General. The official had accused the company, along with its parent company Digital Currency Group and Gemini, regarding...
Crypto Lender Nexo Submits $3 Billion Damages Claim Against Bulgaria
26.1.2024
The cryptocurrency lending platform Nexo has submitted a $3 billion arbitration claim against the Republic of Bulgaria, following a raid on its office in 2023 and a subsequent probe by the Bulgarian Prosecutor General’s Office. Nexo alleges that these actions harmed its business prospects....
Deutsche Bank-backed Taurus Partners With Teylor To Tokenize SME Loans In Germany
14.12.2023
Source: Pixabay Taurus, a Swiss crypto custody firm supported by Deutsche Bank, has entered into a partnership with Teylor, a fintech lending platform based in Zurich and specializing in the German SME marketplace. In a statement published on Thursday, the companies said that the collaboration aims...
Gate.io Lend & Earn Reaches New Heights with $500M in Loaned Assets
8.12.2023
Dec. 8th, Panama,Panama City – Gate.io, a leading crypto exchange and Web3 innovator, has announced a significant milestone for its crypto lending platform, Lend & Earn. The platform has reached an all-time high of over $500 million in capital committed by lenders, with nearly a quarter...
Crypto Loans Platform Nexo Integrates Koinly to Ease User Tax Obligations
1.12.2023
Source: iStock Images Nexo, a lending platform that provides instant crypto loans, has partnered with Koinly to simplify user’s tax reporting. Effective November 30, 2023, the collaboration enables Nexo users to easily generate tailored crypto tax reports. A company statement said that...
High Court Orders Liquidation of Hodlnaut Crypto Lending Platform – 17,000 Users Impacted
11.11.2023
Source: Hodlnaut The Singapore High Court has ordered cryptocurrency lending platform Hodlnaut to undergo liquidation, as stated in a court document dated November 10. The court has appointed Aaron Loh Cheng Lee and Ee Meng Yen Angela, both from corporate advisory firm EY, as the joint liquidators...
Ex-Cantor execs launch crypto lending platform in expectation of Bitcoin ETFs
8.11.2023
The new platform Tokenet hopes to capitalize on institutional interest following the potential approval of a spot Bitcoin ETF
Coinbase launches crypto lending platform for US institutions
6.9.2023
Coinbase’s new institutional lending service has the same operating entity as Coinbase Borrow, which halted issuance of new loans in May
Australia-Based Crypto Lender Sentenced for False Credit License Claims
21.8.2023
The Australian securities regulator recently revealed that the crypto lending platform Helio pleaded guilty to the allegation of falsely claiming to be a holder of the Australian Credit License (ACL). For admitting to committing the offense, Helio is said to have entered...
Crypto Billionaire Justin Sun's Huobi-Linked Exchange WhiteBIT Raises Concerns Over Its Lending Platform
16.8.2023
An obscure exchange with connections to Justin Sun, WhiteBIT, has sparked concerns after advertising a staggering Annual Percentage Yield (APY) of 24.8% to users depositing Tether (USDT) for a year on its lending platform, Protos reported.
This rate is five times higher than the average USD money...
Solana-Based Crypto Lending Platform Jet Pivots to Fixed-Rate Term Lending
22.6.2023
The project's new model uses an order book to match borrowers and lenders, relying on a market-based mechanism to set interest rates
Crypto lender Delio to resume withdrawals after counterparty contagion
19.6.2023
"We will come up with a plan to recover the loss," said company officials
South Korean Bitcoin lending platform Delio pauses withdrawals
14.6.2023
The virtual asset manager and lending platform suspended withdrawals following challenges at Haru Invest, a similar entity