Everything You Need to Know About Tokex Crypto Exchange

Tokex is a centralized cryptocurrency exchange that offers different services, such as staking, crypto loans, and payment tools. The company’s mission is to offer a trading platform that is both compliant and secure while also providing a range of features that are efficient, easy to use, and accessible from anywhere in the world. Tokex is […] дальше »

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Blend Offers NFT Lending With a Unique Approach to Risk Management

Explore the rise of NFT-backed loans, as Blend lends $95M in just ten days. Understand the potential risks and the role of margin calls in the NFT market. The post Blend Offers NFT Lending With a Unique Approach to Risk Management appeared first on NFT News Today. дальше »

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$95 Million Loans Backed By NFTs: What Could Go Wrong?

Blur caused considerable buzz earlier this year in the NFT market. Recent numbers raise the possibility that its lending protocol could have such an effect on NFT lending. The post $95 Million Loans Backed By NFTs: What Could Go Wrong? appeared first on BeInCrypto. дальше »

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PacWest Cuts Dividend as Regional Banks Recovery Deepens

Coinspeaker PacWest Cuts Dividend as Regional Banks Recovery Deepens Regional banks are financial institutions that operate in specific geographic areas of the country and often provide a variety of banking services such as deposit accounts, loans, and other financial goods. дальше »

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Coinbase to halt issuing new loans through Coinbase borrow

US-based crypto exchange Coinbase will no longer issue new loans through the Coinbase Borrow service.  Coinbase Borrow allows users in certain US states to take out fiat loans of up to $1 million without credit checks. Users could post up… дальше »

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Coinbase to Stop Issuing New Bitcoin-Backed Loans via Its Borrow Service

Coinspeaker Coinbase to Stop Issuing New Bitcoin-Backed Loans via Its Borrow Service The reason behind the exchange's decision is not clear. According to those familiar with the matter, closing the service is not linked to the scrutiny from SEC which has alleged that Coinbase was offering and trading unregistered securities, thereby violating federal securities laws. дальше »

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Fed Interest Rate Hikes Impact Everything from Credit Cards to Student, Auto, and Home Loans

Coinspeaker Fed Interest Rate Hikes Impact Everything from Credit Cards to Student, Auto, and Home Loans While inflation may be slowing, Americans are groaning under the direct and indirect impact of the Fed increasing the interest rate. дальше »

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Coinbase to Stop Issuing New Loans Via Coinbase Borrow

May 10 is the final day customers will be allowed to take out new loans through Coinbase Borrow. дальше »

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Blend from Blur: A New Frontier in NFT Finance

Blur has just announced a borrowing and lending protocol designed explicitly for the NFT market – Blend. With perpetual loans, Blend aims to solve everyday challenges NFT holders face, such as limited access to liquidity and the risks associated with specific loan expiration dates. дальше »

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Crypto news site The Block gets new CEO and reported staff layoffs following admitted ties to SBF

The Block reportedly laid off roughly 33% of its staff including interim CEO Bobby Moran in an effort to stabilize the platform following loans it received from Sam Bankman-Fried. дальше »

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Flash Loans: The Instant Mega-Loans Undermining the Crypto Market

According to a recent report, flash loans and flash loan attacks are on the rise. What are they, and what are the risks? The post Flash Loans: The Instant Mega-Loans Undermining the Crypto Market appeared first on BeInCrypto. дальше »

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BlockFi To Reimburse Over $100,000 To California Customers

BlockFi, a bankrupt crypto lender, has agreed to provide refunds totaling over $100,000 to its California customers who continued to repay loans despite a trading suspension on November 10th of last year. дальше »

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Bankrupt BlockFi to refund over $100K to California clients

BlockFi filed for Chapter 11 bankruptcy on November 28. Some Califonia users continued to repay their loans between November 11 and November 22 Users were not notified until November 22 that they could stop repaying their Loans “until further notice. дальше »

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BlockFi to refund California borrowers over $100,000

Bankrupt cryptocurrency lender BlockFi has agreed to refund over $100,000 to California borrowers who continued to repay their loans after the platform halted withdrawals.  California’s Department of Financial Protection and Innovation (DFPI) announced that BlockFi had approved its servicer to… дальше »

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First Citizens Bank set to complete SVB takeover 

The US Federal Deposit Insurance Corporation (FDIC) facilitates a purchase and assumption agreement between SVB and First Citizens Bank. The deal will enable the assets, loans, and deposits of SVB to be taken over by First Citizens Bank. Silicon Valley… дальше »

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First Citizens to Buy Much of Silicon Valley Bank, Assuming $72B in Loans, $56B in Deposits

The Federal Deposit Insurance Corp. also acquired equity appreciation rights in the parent of First Citizens Bank, which is potentially worth up to $500 million. дальше »

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First Citizens to Buy Silicon Valley Bank's Deposits, Loans in $55.5B Agreement With FDIC

Federal Deposit Insurance Corporation says the 17 former branches of Silicon Valley Bank will re-open as First Citizens Bank & Trust Company on Monday, March 27. дальше »

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Fujitsu interested in crypto trading services, trademark application reveals

The brand wants to offer financial services, including accepting deposits, financing loans, financial management and the exchange of crypto assets. дальше »

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Flagstar Bank buys Signature Bank, crypto business not included

The FDIC is selling Signature Bank's deposits and loans to Michigan-based Flagstar Bank. The deal does not include the bank's crypto-related deposits and business, including Signet. New YorkThe post Flagstar Bank buys Signature Bank, crypto business not included appeared first on AMBCrypto. дальше »

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Money Printer Go Brrr – How the Fed Printed $300B to Bail out Banks

The Fed has expanded its balance sheet by nearly $300 billion to help out the banks with loans. Is Quantitative Easing back? The post Money Printer Go Brrr – How the Fed Printed $300B to Bail out Banks appeared first on BeInCrypto. дальше »

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SBF's inner circle received $3.2B, mainly from Alameda: Court filings

Billions worth of loans and payments flowed from FTX entities to Sam Bankman-Fried and five other former executives of FTX and Alameda Research. дальше »

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Silvergate Wasn't Cut Off From Loans, Lender Says

The Federal Home Loan Bank of San Francisco, the bank that supplied $4.3 billion to Silvergate late last year, did not force Silvergate to repay the advances which have been rumored to be the reason why the crypto-friendly bank had to go into voluntary liquidation, it said. дальше »

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Here's what debtors were up to when USDC fell on the charts

USDC losing its peg pulled down the markets, but many saw it as an opportunity to pay loans at a discount Debtors saved around $100 million off their loans during the market rout As the crypThe post Here's what debtors were up to when USDC fell on the charts appeared first on AMBCrypto. дальше »

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Marathon terminates credit facilities with Silvergate

Marathon Digital in a recent announcement clarified that it had repaid back its loans to Silvergate and terminated its credit facilities. Marathon claims this is part of their new financial strategy. дальше »

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Crypto Bank Silvergate Announces 'Voluntary Liquidation'

The Federal Deposit Insurance Corporation has taken over Silvergate Bank, which saw prominent customers abandon it and its stock price plunge after revealing it faced regulatory scrutiny and had to sell assets to pay off loans. дальше »

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Aave's V3 deployment on Ethereum shows strong growth, thanks to...

Aave V3 deployment on Ethereum has seen increased deposits and loans since it launched. AAVE's price declines as investors show no interest in the alt. Aave [AAVE] deployed its V3 iteration The post Aave's V3 deployment on Ethereum shows strong growth, thanks to... appeared first on AMBCrypto. дальше »

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YouHodler Joins Ledger Live: Crypto Loans Made Easy & Secure

Things to know: – YouHodler, an innovative fintech platform, has joined the Ledger Live app, enabling you to access seamless lending services and convenient crypto loan features. – Ledger users can now access seamless crypto loans through Ledger Live’s Discover section, featuring YouHodler’s 90% loan-to-value ratio (LTV) and over 45 coins to choose from as […] дальше »

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What Are Crypto Loans?

The crypto finance sector is taking on traditional banks and making a big push into the lending field. So what are crypto loans and how can you get one? дальше »

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Here’s why crypto companies need to focus on embedded finance

Personalized offers, financing loans, insurance, seamless payment and preferred payment mode were key features that came out as top priorities for customers. дальше »

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MakerDAO voting on $100M loan participation with Florida commercial bank

Florida’s Cogent Bank is proposing a $100 million participation in loans to MakerDAO’s RWA Master Participation Trust.

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Sharky Fi to halt NFT withdrawals during solana downtime

NFT lending platform Sharky Fi has announced that it might disable foreclosures for loans “at a loss for borrowers” for a few hours. While responding to a Shark Fi customer on Twitter, the company stated that the move is to… дальше »

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What is Venus Protocol?

Venus Protocol is a decentralized money market protocol for lending and borrowing cryptocurrencies. It provides low-cost, fast transactions and allows users to take out loans with fast issuance and no credit check. дальше »

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Decentralized Lending Protocol Centrifuge Accrues $6M Unpaid Debt

Fintech investment firm 1754 Finance, the originator of the debt pool with the most distressed loans, said it is liquidating the assets off-chain and negotiating with borrowers for repayments. дальше »

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This Bankrupt Crypto Firm Returns 27,000 Mining Rigs To Pay Off Loan

During the 2021 crypto bull, lenders issued over $4 billion in loans collateralized by Bitcoin mining hardware. These financial instruments backfired on BTC mining companies as the sector trended to the downside, and they defaulted on their loans. дальше »

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This Bank Ends loans Secured By Crypto Mining Rigs, What’s Ahead?

A crypto-friendly bank, BankProv, has recently announced that it will no longer offer loans backed by crypto mining rigs. Previously, the bank offered such loans as a way for clients to fund their mining operations. дальше »

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Crypto-friendly bank ends loans backed by mining rigs: Details inside

BankProv will no longer provide loans secured by cryptocurrency mining rigs after writing off $47.9 million in loans. Mining rigs that secured loans have been forced to sell equipment during thThe post Crypto-friendly bank ends loans backed by mining rigs: Details inside appeared first on AMBCrypto. дальше »

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BankProv Stops Offering Loans Collateralized With Crypto Mining Machines

The crypto-friendly bank wrote off $47.9 million in loans, primarily mining rig-collateralized debt. дальше »

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Alameda requests back $445m in loans paid to Voyager

Alameda recently filed a case against Voyager for retrieval of $445 million or more it gave to the crypto lender as loan repayments. The case will go up in the US bankruptcy court for the District of Delaware. FTX’s lawyers… дальше »

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Haru Invest Review – Crypto-backed Loans, Interest Rates, APRs, LTV Ratio, Security

OVERVIEW It is no news that investing in cryptocurrencies can turn out to be a very profitable endeavor. If you ignore the noise and extreme crypto market reactions that cause drastic portfolio changes, diamond hands and simply holding crypto pays out eventually. дальше »

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Genesis Confident It Can Exit Bankruptcy as BlockFi Offloads Loans

Genesis lawyer expects lender to exit bankruptcy in May 2023.

The post Genesis Confident It Can Exit Bankruptcy as BlockFi Offloads Loans appeared first on BeInCrypto.

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BlockFi to sell $160m in loans backed by mining equipment

Amid troubles in the crypto markets for the better part of 2022, BlockFi has been among the most hit firms. BlockFi, amid filing for bankruptcy, has now filed a request to be allowed to pay incentives. дальше »

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ASIC financing debt worsened Bitcoin miner’s liabilities in 2022: Report

Bitcoin miners faced difficulties paying off debt in 2022, particularly when they had high-interest equipment financing loans, according to a recent report by Hashrate Index    The report stated. The post ASIC financing debt worsened Bitcoin miner’s liabilities in 2022: Report appeared first on CryptoSlate. дальше »

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US banks gave $15m in loans to crypto-friendly companies

The FHLB has provided advance funding for crypto-friendly banks like Silvergate and Signature to help them stay afloat. дальше »

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Compound gets compensation but all is not fair for COMP — Here’s how

Investment firm paid its Compound loans as COMP tried reversing its bearish momentum The Compound community voted against proposal 142 DeFi lending protocol, Compound Finance [COMP], showed The post Compound gets compensation but all is not fair for COMP — Here’s how appeared first on AMBCrypto. дальше »

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Silbert’s DCG is being investigated by DOJ, SEC over internal transactions

The United States Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have opened investigations into Barry Silbert’s Digital Currency Group (DCG) to examine its internal money transfers and loans, as reported by Bloomberg News. дальше »

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No ‘respite’ for exploits, flash loans or exit scams in 2023: Cybersecurity firm

The industry is likely to see “further attempts from hackers targeting bridges in 2023," while users are urged to be warier of their private keys. дальше »

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Public Bitcoin mining companies plagued with $4B of collective debt

The Bitcoin mining community took up massive loans during the 2021 bull market, negatively impacting their bottom lines during a subsequent bear market. дальше »

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Caroline Ellison admits to concealing billions of dollars of FTX loans

FTX associate Caroline Ellison admitted during her plea deal that she concealed billions of dollars worth of loans, according to a Reuters report on December 23. The post Caroline Ellison admits to concealing billions of dollars of FTX loans appeared first on CryptoSlate. дальше »

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Alameda could borrow unlimited amount of customer funds from FTX

Former Alameda CEO discloses details that led to the collapse of FTX during a plea hearing Caroline Ellison admitted that Alameda had given billions of dollars in loans to SBF and other FTX exeThe post Alameda could borrow unlimited amount of customer funds from FTX appeared first on AMBCrypto. дальше »

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Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults

Orthogonal defaulted on $36 million of loans on decentralized finance (DeFi) protocol Maple Finance earlier this month after it misrepresented its losses from the FTX implosion. дальше »

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