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Nalezeno "Loans": 452

Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts

21.6.2022
“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment," said chief financial officeJeff Lucas

How a DAO for a bank or financial institution will look like

19.6.2022
A DAO-based financial industry means lower fees across the board, accessibility, and transparency. Would it be possible?

Voyager Digital Secures Loans From Alameda to Safeguard Its Assets

18.6.2022
The loan will have $200 million cash/USDC-backed credit facility and 15,000 BTC

Microstrategy Debunks Margin Call Rumor — Says Bitcoin Liquidation Unnecessary Even if BTC Falls Below $3,562

16.6.2022
The CEO of the Nasdaq-listed software company Microstrategy has debunked the rumor that his company is facing a margin call for a bitcoin-backed loan and will be forced to sell some coins. If the price of the cryptocurrency “falls below $3,562 the company could post some other...

Nexo offers to buy out Celsius’ loans amid withdrawal suspension

13.6.2022
Nexo platform could rescue Celsius' customers after “what appears to be the insolvency of the Celsius Network.”

Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend

24.5.2022
During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to retirement account...

Binance Loans Adds Two Digital Assets As Collateral – BAL, and BAND

20.5.2022
Binance has added two digital assets to its Binance Loans platform to cover more registered traders who seek to acquire funds from the platform. The digital assets that have been added are BAL and BAND. Binance announced the news through a post on its official website. Binance Loans is a supportive...

Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral

19.5.2022
While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners are taking loans out against their NFTs. This month, a project called Nftfi has facilitated $25.6 million in NFT loans so far, and last month the lending marketplace recorded...

DeFi transforming lending routes on the blockchain

14.5.2022
Decentralized routes of lending and borrowing through smart contracts are allowing DeFi finally to overthrow the traditional finance sector

Luna Foundation Loans Out BTC to Defend Bitcoin Peg, Faces Community Backlash

9.5.2022
The Luna Foundation Guard (LFG), the entity tasked with holding bitcoin (BTC) as part of the reserves backing the TerraUSD (UST) stablecoin, has loaned out USD 750m worth of BTC to a trading firm “to help protect the UST peg.” Confronted with what this really means, Terra (LUNA) founder Do Kwon...

MicroStrategy may explore 'future yield generation opportunities' on 95,643 BTC holdings

3.5.2022
As of March 31, MicroStrategy held a total of 129,218 BTC, which the firm reported had a carrying value of roughly $2.9 billion

Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble

3.5.2022
A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is an “interesting strategy,” but stressed that during these market conditions...

Weiss Ratings issues warning over crypto mortgage risks

3.5.2022
Weiss analysts are wary over the usage of volatile crypto assets as collateral for long-term property loans

Global Investment Bank Goldman Sachs Offers Its First Bitcoin-Backed Loan

30.4.2022
Global investment bank Goldman Sachs has reportedly offered its first-ever loan backed by cryptocurrency. The cash loan was collateralized by bitcoin owned by the borrower. A spokesperson for Goldman Sachs explained that the deal is interesting to the investment bank due to its structure...