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The DeFi ‘Flash Loan’ Attack That Changed Everything
27.2.2020
Flash loan attacks are here to stay and are likely to get more serious. DeFi needs to adapt, says a leading crypto VC
Celsius Doubled Its Total Paid Crypto Loan Interest Since November
24.2.2020
Crypto lending platform Celsius continues to grow its user base, and has doubled its total paid interest since late last year
Are the BZx Flash Loan Attacks Signaling the End of DeFi?
22.2.2020
Recent attacks on the lending platform bZx have left faith in DeFi shattered, but what actually happened? And can the sector bounce back?
Everything You Ever Wanted to Know About the DeFi ‘Flash Loan’ Attack
19.2.2020
Here's a plain-English breakdown of the bZx attacks and their broader implications for the budding DeFi markets
The Flash Loan Attacks Explained (For Everybody)
19.2.2020
Today we're breaking down the flash loan attacks that rocked the DeFi community in a way even your grandpa can understand, presented in both audio and full-text format
What Attracts A Potential Borrower To A Particular Loan Company?
18.2.2020
Loan companies can arguably save you when you are in a financial crisis situation. As a potential borrower, you have to weigh your options carefully and study each of the terms and guidelines of each loan company so you can get the most out of your loaning experience. Since there is a multitude...
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
Genesis Crypto Lending Firm Hits New Record in Loan Originations in Q4 2019
31.1.2020
Cryptocurrency lending firm Genesis closed the fourth quarter of 2019 with a historic high in loan originations
Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans
16.1.2020
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...
Uphold Users Gain Access to Salt’s Crypto-Backed Loans
16.12.2019
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...
$4 Billion US Fintech Startup Sofi Receives New York Bitlicense
4.12.2019
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...
‘In Small Steps’ China Cuts Benchmark Interest Rates
1.12.2019
Careful not to rush too much with stimulus, the Chinese government nevertheless realizes that its behemoth economy is invariably slowing down. New loan interest rate cuts have been announced recently to encourage bank lending and borrowing in the private sector. With a brewing liquidity crisis...
Blockchain.com Loan Desk On Track to Lend Over $120 Million In November
14.11.2019
Wallet provider Blockchain.com is reportedly on track to lend out more than $120 million in November
Shinhan Bank of Korea to Develop Blockchain-based Platform for Loan Management
12.11.2019
According to the latest reports, Shinhan Bank has entered into a collaboration with SEMAS (Small Business Market Promotion Corporation) for building a blockchain-based platform dedicated to loan management. The platform would streamline the verification process for SMEs that apply for institutional...
Earn More Interest on Your Crypto With These Comparison Tools
20.10.2019
2019 has been the year in which crypto lending has really taken off. Centralized and decentralized finance have been major growth areas, aided by crypto exchange integration and a backdrop of negative interest rates in the banking sector. Why be penalized for saving fiat when you can be rewarded...
Blockchain Startup Tracks Property Liens in Energy-Efficient Loan Market
1.10.2019
Spring Labs to create a property lien registry to track liens in energy-efficient loan market
Online Lender SoFi to Launch Bitcoin and Ethereum Trading Next Week
25.9.2019
The millennial-focused SoFi will offer trading in bitcoin, ethereum and litecoin next Tuesday and source its liquidity from Coinbase
Bitrue Exchange to Launch Crypto-Backed Loan Platform
24.9.2019
The service, which goes live on Sept. 30, loans BTC, ETH XRP and USDT at a 0.04% daily interest rate
Bankera Launches a Global Crypto Backed Lending Solution
21.9.2019
The team behind Bankera, which is building the bank for the blockchain era, has announced the release of its very own lending solution – Bankera Loans. The solution aims to provide flexible and secure crypto-backed loans to cryptocurrency holders globally starting from as low as 100 EUR up to...
Alibaba and Tencent Refuse to Share Loan Data Information with Beijing
19.9.2019
As everyone knows, a credit system is something that almost all countries need to have, and it is a hugely important tool that helps in keeping the consumer credit market as strong as possible. To that end, the Chinese central bank launched a private credit score company named Baihang in 2018. That...