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Crypto Lending Startup BlockFi Raises USD 30M, Plans Singapore Office
13.2.2020
Zac Prince, co-founder of BlockFi. Source: a video screenshot, Youtube, Bitcoin Archives
Following the millions raised in the series A funding, major U.S.-based cryptocurrency lending startup BlockFi sees almost 64% more in funding just six months later. Also, they're about to open a Singapore...
Cred Now Enables LTC Holders to Earn Up to Ten Percent Interest on Their Digital Assets
12.2.2020
Cred, a licensed crypto-backed lending and borrowing platform based in California, now supports litecoin. The service will allow LTC holders to earn up to ten percent interest through any of its partners including the Litecoin Foundation, Bitcoin.com, Uphold, and Bitbuy. Since July 2019 Cred allows...
Litecoin Foundation Partners With Cred to Let Holders Earn Interest
10.2.2020
Litecoin holders can now lend their holdings to receive interest and support the foundation
How Fund Managers View Lending and Staking: 3 Takeaways From a CoinDesk Research Webinar
31.1.2020
In December, we invited two fund managers, both long bitcoin and other crypto assets, for a CoinDesk Research webinar on lending and staking. Jordan Clifford of Scalar Capital and Kyle Samani of Multicoin Capital joined us to discuss how they evaluate risk and returns in crypto lending and staking...
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
Compared to Traditional Banks, Crypto Lenders See Booming Growth
30.1.2020
A lukewarm U.S. economy is making big banks like JPMorgan Chase struggle to produce fast loan growth - even with interest rates close to historic lows. Yet, in the white-hot cryptocurrency industry, lenders are burgeoning
Former Coinbase COO Joins Blockchain-Based Lending Firm Figure
29.1.2020
Asiff Hirji, Coinbase's former president and COO, will take on a new role as president of blockchain-based lending startup Figure Technologies
CoinLoan—A Secured Platform for Lending Crypto Assets
27.1.2020
CoinLoan is a leading platform for lending secured crypto assets such as cryptocurrency and tokens, which are intended to meet the huge demand that cannot be compensated by the traditional credit system. Also, it offers borrowers the favorable conditions and lenders with the repayment of their...
Celsius to Begin Offering Compounding Interest on Crypto Deposits
24.1.2020
Celsius Network, a cryptocurrency lending platform, will begin offering compounded interest on cryptocurrency deposits
BlockFi Adjusts Interest Rates to Lure Larger Crypto Deposits
24.1.2020
BlockFi, recently announced it would make changes to the interest they pay for bitcoin and ether deposits
Bitfinex Investor’s Crypto Lending Startup Posts $2.3M in 2019 Revenue
20.1.2020
China-based RenrenBit has disclosed it took $600,000 in net income from revenue of $2.3 million in 2019
A Thorough Analysis of “Bitbond- The Bitcoin Lending Platform”
19.1.2020
Lending and borrowing of funds for personal or professional use have been existent in the society for the longest unknown time. Where earlier it was characterized by the procurement of loans from money lenders, today we have banks and regulated lending organizations for the purpose. These...
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...
6 High Interest-Paying Options for Crypto Lenders
10.1.2020
As anyone who has ever sought to lend crypto will attest, significant variance exists in the APR offered to lenders. Indeed, the spectrum can swing from 1% to 8% – even when it’s the same asset being loaned across platforms such as Coinbase, Poloniex, Compound and Dharma. As...
Crypto Lending Firm BlockFi Adds Support for Litecoin and USD Coin
8.1.2020
BlockFi crypto lending firm has added two new assets to its platform: Litecoin and USD Coin
BlockFi Adds Litecoin, USDC to Its Lending Product Suite
8.1.2020
The initial annual percentage yield will be 8.6 percent for USDC and 3.78 percent for litecoin
Crypto Lending Solutions: A Review of 3 Blockchain Lending Platforms
6.1.2020
An analysis of leading platforms offering crypto loan solutions
Euro-Pegged Stablecoin: The Ultimate Growth Driver for Crypto-Lending
29.12.2019
The crypto lending market could possibly disrupt the traditional finance sector
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...
UP Alliance Members to Lock Mega-Utility Tokens for a Year
10.12.2019
Universal Protocol Token is a mega-utility token offering attractive interest rates when lending and borrowing, lower exchange fees, cashback and discounts on trading. The large holders of UPT in the UP Alliance have gotten together and committed to lock their tokens and not sell any UPT for...