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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....
Lebanese Protestors Gather at Central Bank as Financial Lockout Continues
25.10.2019
Since the beginning of widespread protests in Lebanon last week, banks and lending institutions have remained closed, fueling fears of an impending nationwide cash crisis. Attempts to assuage the concerns of suffering individuals without money or options are not proving effective, as officials...
Crypto Lending Platform Nexo Lowers Rates On Instant Credit Lines
25.10.2019
Crypto lending platform lowers borrowing rates after having secured long-term cost-efficient financing
Bitcoin IRA Is Letting Customers Lend Out Their Crypto Retirement Funds
22.10.2019
The digital asset IRA company will offer interest on cryptocurrency and cash holdings that customers want to lend out
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...
Lending Protocol Founders to Launch ‘Neo-Bank’ Offering Interest on USDC
10.10.2019
The founders of Nuo are launching Juno, which will offer a smart-contract wallet with 5.5 percent interest on USDC in a bid to attract retail users
Crypto Exchange Binance Launches Eighth Phase of its Lending Product
8.10.2019
Binance announces the launch of the eighth phase of its lending product