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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...
Pomp Joins Figure’s Board as Firm Completes $103M Funding Round
5.12.2019
Morgan Creek Digital’s co-founder Pomp joins Figure’s board as his company leads the $103 funding round
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...
Stack Overflow VP Joins Crypto Lending Firm as Chief Product Officer
5.12.2019
Crypto lending firm Unchained Capital has hired Will Cole of the Wyoming Blockchain Task Force as its new chief product officer
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
Pompliano Joins Board of Blockchain-Based Lending Firm After $103M Raise
5.12.2019
Blockchain-based consumer lender Figure added Morgan Creek Digital’s Anthony “Pomp” Pompliano to its board following a $103 million funding round
Deutsche Boerse’s DLT Security Lending Platform Sees First Transactions
3.12.2019
Three major banks carried out the first transactions on Deutsche Boerse and HQLAX’s DLT-enabled security lending platform
‘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...
FNB Stops Lending Support to South African Cryptocurrency Trading Exchanges
20.11.2019
FNB, the brainchild of South Africa’s leading financial services giant FirstRand Bank has notified an array of country’s major cryptocurrency exchanges about the closure proceedings about their bank accounts. The trading exchanges being alarmed by FNB include big players like Luno, ICE3X, and VALR....
Mega-Utility Token UPT Will Offer Interest and Discounts on Trading
20.11.2019
About to make its initial exchange listing, Universal Protocol Token (UPT) will serve as a mega-utility token, offering holders attractive interest rates when lending and borrowing, lower exchange fees, cashback and discounts on trading. Also Read: Universal Protocol Alliance to List Mega-Utility...
Crypto Platform Celsius Network Reaches $4.25 Billion in Total Loans
17.11.2019
Crypto platform Celsius Network reached $4.25 billion in total crypto loans
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
Andreessen Horowitz Leads $25M Funding Round for Crypto Lending Startup
14.11.2019
Venture capital firm Andreessen Horowitz leads a $25 million funding round for crypto lending startup Compound
Int’l Bank Regulator Is Studying Crypto Lending Capital Requirements
8.11.2019
International banking regulator the Basel Committee works to establish guidelines for handling crypto assets
Genesis Capital Crypto Lending Firm Reports $870M in New Originations in Q3
31.10.2019
Crypto lending firm Genesis Capital added a staggering $870 million in new originations during Q3 2019
Genesis Clocks Quarterly Surge in Cash and Stablecoin Lending
30.10.2019
For the first time this year, BTC-denominated loans now represent less than 60 percent of Genesis' portfolio
Lock BTC, Get DAI: Lending Firm Bridges Bitcoin-DeFi Divide in Latin America
29.10.2019
Ledn is partnering with MakerDAO to bring the ethereum-backed stablecoin DAI to more users in Latin America
Bank of Lithuania Issues Guidelines on Security Token Offerings
26.10.2019
Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European...
Blockchain-based Lending Platform Nexo Lowers Interest Rates on Instant Credit Lines
25.10.2019
Nexo, the leading blockchain-backed overdraft platform that gives instant crypto loans to customers, has announced the news about its lowered interest rates on its instant credit services. The crucial information was broadcasted through an official press release on October 22, 2019, by Nexo....