Search
Goldman Sachs Confirms It Granted a Lender a Bitcoin-backed Loan
29.4.2022
The American investment banking heavyweight Goldman Sachs has granted a customer a cash loan backed by bitcoin (BTC).
Bloomberg reported that Goldman Sachs had confirmed that it had lent cash in a deal that was “collateralized by bitcoin owned by the borrower,” per “a spokeswoman for...
Crypto lender Maple Finance expands support to Solana
26.4.2022
After expanding beyond Ethereum to Solana, Maple Finance expects its Solana app to control $300 million worth of liquidity by the end of 2022
Crypto Lender Celsius Says Its CEL Token Faces ‘Regulatory Risks’
22.4.2022
Lost keys, stolen coins, failing chains – and now regulation – could impact CEL, a Celsius Network disclosure form said
DeFi Lender Inverse Finance Exploited for $15.6 Million
2.4.2022
It is the third multi-million dollar crypto attack to make headlines in recent days
Crypto Lender Nexo Spins Out $150M Venture Arm for Web 3 Investments, Acquisitions
23.3.2022
Cryptocurrency lender Nexo announced a venture arm with $150 million to invest in Web 3 projects and acquisitions
Lender Beware: The Potential DeFi Tax Trap
24.2.2022
Uncle Sam may collect tax on every loan and repayment of cryptocurrency which may catch users by surprise, creating a tax trap that could impair the rapidly emerging DeFi industry
Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients
21.2.2022
Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, the crypto lender Nexo has announced it will no longer allow U.S. citizens to earn interest on...
First for SEC: Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties
15.2.2022
The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges and pursue necessary registrations. SEC Charges Crypto Lending Platform Blockfi The U.S....
Bitcoin’s Price Will Hit $100K by Mid-Year, Nexo Founder Predicts
5.1.2022
The co-founder and managing partner of Nexo, a major cryptocurrency lender, has predicted that the price of bitcoin will be $100K by mid-2022. He highlighted “two simple reasons” why he is bullish about the price of bitcoin this year. Bitcoin Expected to Reach $100K by Mid-Year Antoni...
Defi Marketplace and NFT Platform Arcade Raises $15 Million in Series A Funding Round
23.12.2021
The decentralized finance (defi) marketplace, non-fungible token (NFT) financialization platform, and lending application Arcade has announced the company has closed a Series A investment round for $15 million. Just recently, Arcade facilitated an onchain loan of $800,000 against an NFT portfolio...
Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs
17.12.2021
On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ethereum for instant funds, Nexo is offering instant liquidity to NFT holders that...
Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’
19.10.2021
Nexo Financial confirms to be one of the two crypto lending firms to receive the cease and desist order from Attorney General James' office
The responsibility behind a crypto lender’s asset listing
16.10.2021
With the lack of regulation and common standards, a lot depends on crypto companies’ social responsibility and blockchain-based CSR
Second largest US mortgage lender UWM dumps Bitcoin payment plans
15.10.2021
United Wholesale Mortgage previously announced plans to test Bitcoin and Ether for mortgage payments in August
Securities Watchdogs File Orders Against Crypto Lender Celsius
18.9.2021
A news release published by the New Jersey government web portal indicates that the cryptocurrency lending platform Celsius has been sent a cease and desist order from the New Jersey Bureau of Securities. Furthermore, the Texas State Securities Board has ordered Celsius to appear at a hearing...
Finance Redefined: Swindling the lender and a $100M pot, Aug. 30–Sept. 3
3.9.2021
Hackers run wild, but DeFi marches on; all covered in this weeks Finance Redefined
Second largest US mortgage lender will accept crypto payments this year
19.8.2021
Speaking during a conference call about the firm’s Q2 results, United Wholesale Mortgage CEO Mat Ishbia outlined plans to accept crypto payments this year
SEC Charges 'Defi' Lender, Governance Token Issuers Should Take Notice
6.8.2021
The US Securities and Exchange Commission (SEC) charged Cayman Islands-registered DeFi Money Market (DMM) and its top executives, two Florida men, for unregistered sales of more than USD 30m of securities using smart contracts and "so-called "decentralized finance" (DeFi)...
Kentucky Regulators Crack Down on Blockfi Interest-Bearing Accounts
31.7.2021
The crypto lender Blockfi is now dealing with regulators from five states as Kentucky has joined the fray against the firm’s Blockfi Interest Accounts (BIAs). On July 30, Blockfi shared a statement on Twitter that explained the Kentucky Department of Financial Institutions (DFI) has sent...
New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto Lender
29.7.2021
On July 28, Zac Prince, the CEO of crypto finance firm Blockfi, explained that the company has been “engaged in a productive discourse” with U.S. regulators. Prince further said the New Jersey Bureau of Securities had extended the state’s previous order to September 2. Meanwhile...