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Ethereum Locked in DeFi Rises, While Flash Loan Holes Are Being Plugged


Due to a recent crypto market crash, Ethereum (ETH) locked in DeFi (decentralized finance) is on the rise, while industry players are fixing the flash loan manipulation problem and MakerDAO raises the governance delay. In early February, total value locked (TVL) in DeFi surpassed USD 1 billion....

That AlphaPoint $5.6M Funding Round? It’s a Loan


The recent $5.6 million injection of capital into New York-based AlphaPoint came from bridge financing, a short-term business loan, the company confirmed to CoinDesk. But AlphaPoint would not say who made the loan or its terms

What Attracts A Potential Borrower To A Particular Loan Company?


Loan companies can arguably save you when you are in a financial crisis situation. As a potential borrower, you have to weigh your options carefully and study each of the terms and guidelines of each loan company so you can get the most out of your loaning experience. Since there is a multitude...

Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans


U.S.-based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. The product utilizes Silvergate Bank’s Exchange Network to fund loans...

Uphold Users Gain Access to Salt’s Crypto-Backed Loans


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...

$4 Billion US Fintech Startup Sofi Receives New York Bitlicense


Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services. In September it has added crypto trading to its investing platform as a response to demand from...

‘In Small Steps’ China Cuts Benchmark Interest Rates


Careful not to rush too much with stimulus, the Chinese government nevertheless realizes that its behemoth economy is invariably slowing down. New loan interest rate cuts have been announced recently to encourage bank lending and borrowing in the private sector. With a brewing liquidity crisis...

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