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Beijing Launches Blockchain Loans Platform for Coronavirus-hit SMEs


Source: iStock/Enzo Nguyen@Tercer Ojo Photography Authorities in Beijing say they have launched a blockchain-powered loans platform that will help small and medium-sized companies affected by the coronavirus to borrow money and potentially stay afloat – as the disease threatens to batter the city’s...

Fast Crypto Loans at Low Rates Now Available With Bankera


The blockchain technology, which underpins cryptocurrencies such as Bitcoin, remains a force to be reckoned with as it continues to propel major advancements in the financial sector. Get this; the crypto-lending industry has grown to a lucrative $5 billion market in just a couple of years....

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...

Crypto-backed Loans: How Nexo is Leading the Racea


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


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...

Nexo Now Offers Bitcoin Cash Instant Crypto Credit Lines


Bitcoin Cash community members are able to borrow against their favorite digital asset in more than 40 fiat currencies across more than 200 jurisdictions. This is thanks to Nexo which now offers BCH Instant Crypto Credit Lines with one of the lowest annual percentage rates in the industry. Also...

Crypto-Focused Lender Blockfi Launches Trading Platform


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...

$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...

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