2020-11-9 22:17 |
In October, the lender published a cryptic letter saying it has experienced “irregularities” in the handling of “specific” corporate funds by a “perpetrator of fraudulent activity.”
Similar to Notcoin - Blum - Airdrops In 2024
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Crypto lender Genesis provided $5. 2 billion in new loans in the third quarter of 2020, more than double its previous record of $2. 2 billion in the preceding quarter. Issued to corporate borrowers such as hedge funds and trading firms, the loans are mainly denominated in bitcoin (BTC), ether (ETH), bitcoin cash (BCH), and cash.
2020-11-1 12:30 | |
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Leaked recordings suggest crypto lender Babel Finance leveraged some user funds to long bitcoin and faced potential default risks during this year’s Black Thursday market crash.
2020-10-2 03:00 | |
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DeFi lending project bZx has been able to recover about $8 million in cryptocurrency from an attacker who stole the funds after exploiting a code bug over the weekend.
2020-9-15 19:00 | |
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YouHodler becomes the first lender to utilize the digital asset security and infrastructure of the global leader in safety solutions PARIS, June 24, 2020 – Ledger, the global leader in security and infrastructure solutions for critical digital assets and blockchain applications, has announced that YouHodler, a FinTech platform and crypto-backed loan service provider, has selected […] The post Ledger Vault Enters Into Agreement with YouHodler To Protect and Secure Funds appeared first on BeInCrypto.
2020-6-25 11:58 | |
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A San Francisco-based decentralized finance protocol called Compound was recently able to raise $25 million USD in its latest Series A investment round. The round was led by Andreessen Horowitz and venture capital funds such as Polychain Capital, Paradigm and Bain Capital Ventures also participated.
2019-11-14 22:37 | |
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Brazil’s Central Bank, Banco Central de Brasil, published an official notice on August 26, 2019, stating that it had adopted the International Monetary Funds’ (IMF) guidelines with regard to cryptocurrency assets.
2019-8-28 21:00 | |
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Coinspeaker Cryptocurrency Lender BlockFi Secures New $18. 3 Million FundingBlockFi, a service that allows its users borrow fiat using crypto deposits, has just bagged $18. 3 million in its Series A funding.
2019-8-7 12:04 | |
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Holders of the dollar-pegged stablecoin TrueUSD can now leverage their funds to earn interest through crypto lender Cred.
2019-3-26 15:30 | |
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Cred, the crypto-backed lending provider, will now provide loans in US Dollars which will be collateralized by the XRP, the native crypto coin of the Ripple network. Cred, the leading crypto-backed lender, provides over $300 million in credit facilities.
2018-11-9 18:29 | |
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Blockchain financial service company Unchained Capital will now offer multi-signature and multi-institution cold storage solutions for borrowers who leverage its crypto-collateralized loans service.
2018-11-2 21:42 | |
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Genesis Global Trading has released a financial report for the third quarter that shows the U. S. cryptocurrency lender provided $553 million worth of digital asset loans. These were issued to corporate borrowers such as hedge funds and trading firms in the form of BTC, BCH, ETH and other cryptocurrencies.
2018-10-23 00:30 | |
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Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether.
2018-10-16 16:07 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-8 21:30 | |
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Aave DAO delegate and service provider Aave Chan Initiative has initiated a proposal on the crypto lender’s governance forum to deploy Aave v3 on Sonic. Sonic Labs announced the mainnet launch of its layer-1 Ethereum Virtual Machine-compatible blockchain Sonic on…
Bitcoin’s emergence in collateral structures has the potential to revolutionize the lending landscape. Its ability to mitigate credit risk amid escalating uncertainties highlights its transformative power.
Crypto exchange Binance has announced a new airdrop program for BNB holders following reports that Changpeng Zhao controls over 60% of the token’s circulating supply. In a Wednesday announcement on its website, Binance introduced a new program aimed specifically at…
Dukascopy Bank has launched a crypto lending program, offering users access to 50% of their cryptocurrency's value in cash without requiring repayment, while retaining their crypto investments. The post Swiss Bank Launches a Revolutionary Crypto Lending Solution appeared first on BeInCrypto.
Coinbase Global plans to launch a digital asset ending platform for large institutional investors on Sep. 5
Coinbase, America’s largest crypto exchange, is winding down its Borrow program and has given borrowers four months to repay their loans. Coinbase To Shut Down Borrow Program The Coinbase Borrow program allowed eligible Coinbase customers in certain US states to borrow up to $1 million worth of US dollars by putting up bitcoin or other cryptocurrencies as collateral.
The project's new model uses an order book to match borrowers and lenders, relying on a market-based mechanism to set interest rates.