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Crypto Lender Nexo Enters Prime Broker Race, Enlists Chainlink for Audits
8.7.2020
Nexo is preparing to enter the prime brokerage space with Chainlink-powered audits that will bring more transparency to its operations
Crypto Lender BlockFi Says Monthly Revenue Up 100% After Bitcoin Halving User Boost
2.7.2020
BlockFi said it's seen a surge in revenue since the bitcoin halving and the launch of its mobile app
Bitwala Launches Bitcoin Interest Account With up to 4.3% Annual Rate
15.5.2020
Neobanking service provider Bitwala on Thursday introduced a new account that offers its 80,000 European customers passive bitcoin (BTC) income. The Bitwala Interest Account allows users to earn up to 4.3% interest per annum for BTC held at the bank. According to the Berlin-based company, account...
Amid Pandemic Downturn, Crypto Lender Celsius Hits 50K in Bitcoin Deposits
1.5.2020
With over 100,000 active users of its app, the company’s growth is now on track to outperform 2019 by 60%
Bitcoin Lender Genesis Global Issues $2 Billion in Loans During Record Quarter
30.4.2020
Genesis Global Trading has reported a 100% jump in new loan originations in the first quarter. The cryptocurrency lender and trading platform added a record $2 billion in new loans in the three months leading to March 2020, up $1 billion from the previous quarter. BTC accounted for 44.8% of...
Dydx Processed $1.1 Billion Cryptocurrency Loans in 12 Months — 70% in Just 60 Days
23.4.2020
Cryptocurrency lender Dydx advanced a total of $1.14 billion in digital asset loans over the past 12 months. But about 70% of the money was borrowed in just two months, February and March, as coronavirus-linked volatility triggered a frenzy of borrowing among investors. Monthly volume remained...
US Treasury Approves Square as Coronavirus Stimulus Lender
13.4.2020
Square, the bitcoin-friendly company behind Cash App, announced Monday it is participating in the U.S. government’s emergency Paycheck Protection Program
Huobi Wallet and Crypto Lender Cred Now Enable Users to Earn Interest
1.4.2020
Huobi has become the latest crypto industry name to offer users the opportunity to earn interest on their assets, following a partnership with crypto lending platform Cred
Crypo Lender Celsius Taps Chainlink’s Price Oracles for Interest Rate ‘Decentralization’
30.3.2020
Celsius Network has teamed up with oracle provider Chainlink to make the price feeds it uses to calculate asset interest rates less centralized
Crypto Lender Cred Is Offering Investors 10% Interest With Spencer Dinwiddie Partnership
20.3.2020
Crypto investors can "pledge" five different cryptos, including two stablecoins, to Cred and earn up to 10 percent interest in a new partnership with NBA star Spencer Dinwiddie
Blockchain Lender Reports 300% Surge as Fed Slashes Interest Rates
11.3.2020
The Fed’s emergency interest rate cuts have spurred a flurry of lenders to seek blockchain-based loans with Morgan Creek-backed fintech Figure Technologies
Crypto Lender Babel Hits $380M in Outstanding Loans
5.3.2020
Chinese cryptocurrency lending startup Babel Finance said it has reached a record of $380 million in outstanding loans as of February
Bitcoin Lender BlockFi Raises $30M in Series B Led by Peter Thiel’s Valar Ventures
13.2.2020
Having Hong Kong-based HashKey as an investor will help BlockFi expand into Singapore later this year, said CEO Zac Prince
Deutsche Bank Reports €5.3 Billion in Net Loss for 2019 as It Counts the Cost of Restructuring
1.2.2020
A year of reorganization has left its mark on Germany’s leading financial institution. Deutsche Bank revealed this week it suffered significant losses in the last quarter and all of 2019. The banking giant claims that the damage is “entirely driven by transformation-related...
US Crypto Lender BlockFi to Launch Bitcoin Rewards Credit Card
2.1.2020
Bailouts From Asia to the EU Signal Recession and Potential Crypto Opportunity
19.12.2019
China’s Hengfeng Bank is set to get a $14.2 billion bailout from both Chinese government and foreign investors. An emergency decree has been approved to bail out southern Italy’s biggest lender, Banca Popular di Bari. Germany continues to struggle with bailout pains, as regional bank...
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
Student Lender SoFI Gets NY BitLicense, Clearing Way to Offer Crypto Trading
3.12.2019
SoFi has been granted a BitLicense by NYDFS, allowing it to provide crypto trading services to New Yorkers
Another Bank Run Highlights China’s Brewing Financial Crisis
28.11.2019
A regional lender has become the latest victim of the growing liquidity crunch in the world’s most populous country. Yingkou Coastal Bank, operating in the northeastern Chinese province of Liaoning, is the second institution within less than a month to see its financial stability threatened...