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CEX.IO LOAN Experiences Massive Institutional Demand With Over $100 Million of Loan Requests
1.2.2021
PRESS RELEASE. Crypto-backed lending service CEX.IO LOAN that launched in October 2020 in select global jurisdictions, has been experiencing major demand, receiving over $100 million worth of loan requests to date. While the service has been widely popular among retail investors, most of...
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...
Waves Powers Russia’s First Reported Crypto-Backed Bank Loan
19.8.2020
Russian banks are not waiting for full regulatory clarity to issue crypto loans
Copper Now Enables Funds to Create Complex Crypto-Backed Securities
8.7.2020
The service allows institutional investors to securitize a range of crypto-based products, from token trackers to complex trading strategies
CEO Says BlockFi Is Lending to Crypto Miners as Other Providers Pull Back
9.4.2020
Crypto lending platform BlockFi has begun extending credit to miners as competition for their business has eased during the coronavirus crisis
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...
Regulated Exchange Launches in US With Crypto-Backed Visa Card Offering
18.3.2020
The new CoinZoom exchange is registered with FinCEN in most U.S. states
Coinbase Card Users Can Now Make Crypto-Backed Payments With Google Pay
17.3.2020
Card holders will be able to make crypto-backed payments from any Google Pay-enabled device
Here’s Why Interest Rates on Cryptocurrencies Could Be a Game-Changer
22.2.2020
The growth in crypto lending platforms is giving birth to a new type of valuation metric: interest rates
Cred Now Enables LTC Holders to Earn Up to Ten Percent Interest on Their Digital Assets
12.2.2020
Cred, a licensed crypto-backed lending and borrowing platform based in California, now supports litecoin. The service will allow LTC holders to earn up to ten percent interest through any of its partners including the Litecoin Foundation, Bitcoin.com, Uphold, and Bitbuy. Since July 2019 Cred allows...
Bitfinex Investor’s Crypto Lending Startup Posts $2.3M in 2019 Revenue
20.1.2020
China-based RenrenBit has disclosed it took $600,000 in net income from revenue of $2.3 million in 2019
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...
Crypto Lender BlockFi Rolls Out Zero-Fee Trading for Bitcoin, Ether, GUSD
5.12.2019
BlockFi, the cryptocurrency lending service, is expanding into trading with an unusual, zero-fee model
Binance Collaborates With TravelbyBit to Inaugurate Crypto-backed Travel Rewards Card
28.11.2019
Binance has joined hands with a globally reputed travel booking portal, TravelbyBit, for an exclusive project which will likely facilitate a user-friendly payment system for travelers. The two leading firms have partnered to create a digital currency-pegged travel rewards card, which will ease...
Bitrue Exchange to Launch Crypto-Backed Loan Platform
24.9.2019
The service, which goes live on Sept. 30, loans BTC, ETH XRP and USDT at a 0.04% daily interest rate
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...
Bankera Announces the Release of Global Crypto-Backed Lending Solutions, Bankera Loans
19.9.2019
Although the idea of crypto-backed loans is not entirely new, as the flow of cryptocurrencies in 2017 encouraged an ascent in crypto dependent lending platforms, current arrangements in general, will overlook customers, who are searching for smaller loans. Bankera Loans hopes to democratize access...