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How Do Coinbase Loans Compare to Other Offers in the Market?
13.8.2020
Source: a screenshot, Instagram/Coinbase
As major US-based crypto exchange and wallet provider Coinbase announced its plans to launch lending services in the US this fall, how they compare to what other industry players are already offering?
At this stage, details are scarce, however, the company...
Coinbase to Offer Bitcoin-Backed Loans to US Customers
12.8.2020
Coinbase will allow U.S. retail customers to borrow fiat loans against as much as 30% of their bitcoin holdings starting in the fall
Nasdaq-Listed Company Sued for Backing $2 Billion Loans With 83 Tons of Fake Gold
9.8.2020
The Nasdaq-listed company that allegedly used 83 tons of fake gold bars as collateral to secure loans worth about $2 billion from multiple financial institutions in China is now in default and facing several class-action lawsuits. $2 Billion Fake Gold Scheme Unravels The gold industry was recently...
Genesis Reports Q2 Crypto Loans Spiked 118% to $1.4 Billion Amid Rising Yield Farming Interest
5.8.2020
Genesis Capital said Tuesday that its total number of loans outstanding more than doubled to $1.4 billion for the second quarter to June, up from $649 million three months earlier. The crypto lender, which targets institutional investors and wealthy individuals, added over $2.2 billion in...
Genesis’ Crypto Lending Rebounds in 2Q; Firm Acknowledges Unsecured Loans
4.8.2020
Genesis’ crypto lending arm came back strong in 2Q after a rocky 1Q. Separately, executives acknowledged the firm makes some uncollateralized loans
Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours
30.7.2020
The decentralized finance (defi) realm continues to heat up with concepts like yield farming, but another scheme called defi flash loans has also grown exponential. On Monday, the noncustodial lending protocol Aave issued $138 million in loans with zero collateral. Since the last week of June, defi...
CBDC Among Priorities in Japan, eToro card, Flashing Crypto Loans + More News
29.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
CBDC news
The Bank of Japan (BoJ), the nation’s central bank, has called central bank digital currency (CBDC) issuance one of its “top priority...
Aave Ascends Market Rankings as Flash Loans Explode
29.7.2020
Aave is climbing the DeFi and market cap rankings as its flash loans see daily volume exceeding $100 million
Mainframe's Latest Blockchain Protocol Acquisition to Enable DeFi Bond System
28.7.2020
Mainframe plans to integrate Sablier’s money streaming technology into a fixed-rate lending protocol and create tokenized debt markets akin to digital bonds
Multiplier Incentivises Yield Farmers with MXX Tokens
27.7.2020
Bitcoin Press Release: Multiplier platform will officially launch the minting of MXX tokens on its platform on the 29th of July, 2020. 27th July, 2020, Switzerland – MXX tokens are designed to balance liquidity for depositors and lenders through algorithmic derived interest rates and yield....
NFTs on Samsung, Taxing Crypto Loans, BTC Transaction Risk Score + More News
21.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
NFTs news
The makers of the blockchain-powered VR game Decentraland (MANA) said that their Marketplace app has been added to the Samsung Blockchain...
Crypto Revolut In the US, Loans and Coffee on Blockchain + More News
15.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crypto adoption news
UK-headquartered major fintech Revolut has launched its crypto trading service in the United States via a partnership with...
Investor Charged in US After Obtaining Covid-19 Relief Loan to Trade Cryptocurrency
15.7.2020
The U.S. has charged an investor after he obtained two loans worth over $1.1 million from the Paycheck Protection Program (PPP) intended for covid-19 relief and used some of the money to invest in cryptocurrency. He was taken into custody on allegations he fraudulently obtained the loans. Crypto...
Covid-19 Stimulus: Banks Will Gain $18 Billion in Fees for Processing PPP Relief Loans
15.7.2020
The world’s banking cartel will gather $18 billion in fees for facilitating the settlement of small business Paycheck Protection Program (PPP) relief loans leveraged during the Covid-19 pandemic. The $640 billion in PPP relief loans stem from the CARES Act and allegedly there’s only...
Texas Man’s Alleged Use of PPP Funds for Crypto Instead of BBQ Has Feds Asking ‘Where’s the Beef?’
14.7.2020
Investigators could not find any online reviews, any documented employees or any established bank account for the defendant's purported BBQ company
Compound Tops $1B in Crypto Loans as DeFi Farmers Keep Digging for Yield
13.7.2020
Yield farming continues to push Compound to new heights. On Monday, the lending protocol topped $1 billion in loans issued
DeFi Lending Platform Enables No-Collateral Loans With New Feature
7.7.2020
The Aave decentralized finance protocol new feature lets users borrow money without posting collateral
Blockchain Bites: Crypto’s Bailout Millions, Brazil’s Binance Ban, Lightning’s Bug
7.7.2020
Crypto firms received at least $30 million in government-backed loans, Brazil bans Binance's derivatives trading and Mercedes Benz' parent tests blockchain
ConsenSys, Polychain, Tron, CipherTrace: Blockchain Startups Got $18M+ in US ‘PPP’ Bailout Loans
6.7.2020
At least 45 crypto and blockchain startups, ranging from Bittrex to the Electric Coin Company, received U.S. Paycheck Protection Program loans, new filings show
ConsenSys, R3, Tron, Ciphertrace: Blockchain Startups Got $18M+ in US ‘PPP’ Bailout Loans
6.7.2020
At least 45 crypto and blockchain startups including ConsenSys and Ciphertrace received US Paycheck Protection Program loans, new filings show