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Nalezeno "LZ Lending": 1153

Mark Cuban faces class action lawsuit for promoting Voyager crypto products

11.8.2022
The lawsuit alleged Mark Cuban misrepresented the crypto offerings and services by Voyager and leveraged his years of experience to lure inexperienced customers into investing their life savings

California regulator orders Celsius to stop selling securities in the state

10.8.2022
The Department of Financial Protection and Innovation previously ordered BlockFi and Voyager to stop their offerings in the state

Voyager Digital reportedly had deep ties with SBF-owned Alameda Research

10.8.2022
Financial documents of Voyager revealed that they lent nearly $1.6 billion in crypto loans to an entity registered in the British Virgin Islands, the same place Alameda is registered

Crypto Lender Hodlnaut Pauses Withdrawals — Company Cites Market Conditions, Despite Recent Crypto Rally

8.8.2022
On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope that they will see their funds...

Crypto lending platform Hodlnaut suspends services due to liquidity crisis

8.8.2022
Hodlnaut avoided 3AC exposure and earlier denied ever buying UST, but several reports and on-chain data have shown that the lending firm at one point owned over $150M worth of UST

Big Week for Voyager Digital Clients as Cash Withdrawals About to Begin

8.8.2022
Troubled crypto lender Voyager Digital said it plans to "restore access" to cash deposits in USD this week. Here's what the process might look like. In a Friday blog post, Voyager said clients with cash in their accounts would be able to withdraw up to USD 100,000 in a 24-hour period starting...

How to Spot the Next Celsius Before It’s Too Late

7.8.2022
It’s every crypto investor’s worst nightmare, depositing money with a platform that later goes bust, making it all but impossible to recover funds. It’s also bad enough investing in the native token of any such platform, the collapse of which will send that token plummeting to Earth like a lead...

What is a decentralized money market and how does it work?

6.8.2022
Decentralized money markets function without a custodian, allowing only the original user to withdraw funds deposited by lenders and borrowers

Voyager plans to resume cash withdrawals on Aug. 11

5.8.2022
The lending firm said clients with U.S. dollars in their accounts could withdraw up to $100,000 in a 24-hour period, with the funds received in 5–10 business days

USD 6.8B Pension Fund to Invest in Crypto Lending Market

4.8.2022
Indicating that some major financial players have not been scared away from cryptoassets by the ongoing market downturn, the Fairfax County Retirement Systems, a US pension fund with assets totaling USD 6.8bn, has unveiled it is looking to invest in crypto lending markets to ramp up...

Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors

3.8.2022
Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring,...

Lending Platform Vires.Finance Gets Go-Ahead to Implement Repayment Plan Amid Liquidity Crisis

2.8.2022
Waves governance token holders have voted to give investors a choice between moving forward with withdrawal requests or waiting until market conditions improve

Aave DAO approving overcollateralized stablecoin splits crypto community

1.8.2022
Aave’s stablecoin approval drew wild reactions from the crypto community, with many comparing its fate to TerraUSD (UST); however, Aave proponents were quick to point toward the overcollateralized factor

ECB Economists Suggest Limiting Access to Digital Euro to Protect Banks

30.7.2022
A group of economists evaluating the potential effects of a digital euro have insisted that restricting access to the upcoming currency is necessary to preserve the current financial system. Their study follows an earlier proposal to limit digital euro deposits at the European Central Bank (ECB)...

Clearpool Has Launched Uncollateralized Lending on Polygon

29.7.2022
Clearpool has announced the launch of its uncollateralized lending on Polygon, the scaling solution for Ethereum. The launch gives users an improved experience and higher capital efficiency. The innovative DeFi protocol will be accessed by institutional borrowers and a decentralized network...

Report: IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks

29.7.2022
The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital money. The lender insisted the proposed central bank digital currency (CBDC) must “not...