Coinbase officer argues U.S. student loan ruling sets precedent for SEC on crypto regulation

Coinbase Chief legal officer Paul Grewal said on July 4 that the U. S. Securities and Exchange Commission’s (SEC) interpretation of “investment contract” violates the law judging by a recent Supreme Court opinion.

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Tokenized FTX claim is used as collateral for a loan

A creditor of now-bankrupted crypto exchange FTX pledged a $31,307 claim as collateral for a DeFi loan.

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Binance Flexible Loan delists PEPE from borrowable assets

The world’s leading exchange Binance has confirmed plans to delist PEPE on its Flexible Loan network by 21 June 2023. Users will no longer access the meme coin when borrowing loans on the trading platform.

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Binance Delists PEPE as Borrowable Asset: Details

Binance exchange has delisted PEPE as asset in its Flexible Loan program

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Marc Cuban highlights discrepancy in SEC’s approach to stock loans vs. crypto assets

Marc Cuban highlighted the discrepancy in the Securities and Exchange Commission's (SEC) approach towards the stock loan industry compared to crypto assets.

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Binance NFT announces new NFT loan feature

Binance NFT, the official NFT marketplace of the world’s largest cryptocurrency exchange and blockchain infrastructure platform Binance, has launched a new feature that allows users to borrow cryptocurrencies against their NFTs as collateral.

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Gemini receives $100 million from Winklevoss twins: Bloomberg report

According to a 10 April Bloomberg report, Gemini co-founders Tyler and Cameron Winklevoss have made a personal loan worth $100 million to the cryptocurrency exchange. The news comes as attempts to raiThe post Gemini receives $100 million from Winklevoss twins: Bloomberg report appeared first on AMBCrypto.

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Gemini receives $100M loan from Winklevoss brothers

Crypto exchange Gemini has received a loan from its co-founders, Tyler and Cameron Winklevoss, Bloomberg News reported April 10. The Winklevoss brothers established Gemini in 2015. Tyler Winklevoss continues to serve as Gemini’s CEO, while Cameron Winklevoss serves as the company’s president.

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Silvergate received a $4.3B bailout after FTX collapse

Silvergate Bank received $4. 3 billion from the San Francisco-based Federal Home Loan Bank last year, following the collapse of crypto exchange FTX, according to the firm’s Q4, 2022 flings. The post Silvergate received a $4.

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Binance’s CZ is considering purchasing Genesis’ loan book

According to sources, the creator of Binance, the biggest crypto exchange in the world, is considering buying Genesis’ loan book. What are the chances of CZ acquiring the loan book? Changpeng ‘CZ’ Zhao has contacted people to learn more about…

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FTX Contagion: Genesis and Gemini Hit in Crypto Chaos

Genesis Global Capital has temporarily suspended redemptions and new loan originations following the spectacular collapse of the FTX cryptocurrency exchange. Genesis, Gemini Hit by FTX Contagion Early signs of contagion...

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India's ED 'Unfreezes' Bank Account of Crypto Exchange WazirX

The development is related to an ongoing investigation of 16 fintech companies over alleged fraud on instant loan apps, which are apps that make short-term loans. "Some out of them have happened to use the WazirX platform," said a company blog post.

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Indian Agency 'Unfreezes' Bank Account of Crypto Exchange WazirX

The development is related to an ongoing investigation of 16 fintech companies over alleged fraud on instant loan apps, which are apps that make short-term loans. "Some out of them have happened to use the WazirX platform," said a company blog post.

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Проект Tezro запустил бета-тестирование маркетплейса с поддержкой криптовалют

Разработчики экосистемы для управления цифровыми активами Tezro запустили открытое бета-тестирование приложения на Android и iOS. Об этом ForkLog сообщили представители компании. В экосистему Tezro входят: кошелек с поддержкой популярных активов вроде биткоина (BTC), Ethereum (ETH) и Tether (USDT);мессенджер на базе протокола сквозного шифрования MTProto для общения и обсуждения сделок;маркетплейс для онлайн-покупок за криптовалюту;Tezro Loan — сервис для покупки товаров в кредит у партнеров Tezro;Tezro Exchange — P2P-площадку для торговли криптовалютой;Tezro Gift — сервис для обмена подарочными картами.

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Indian law enforcement accuses WazirX exchange of aiding in laundering of $130M

India’s Enforcement Directorate, which investigates financial crime, has frozen WazirX bank accounts while it looks at transfers from instant loan companies to international wallets.

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Zipmex a Victim of Crypto Contagion as Concerns Grow Over Babel Loan: Sources

The exchange suspended client withdrawals early Wednesday amid rumours of financial troubles.

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Alameda Research happy to repay Voyager loan in its first ever tweet

Alameda Research, the investment arm of Sam Bankman-Frie’s crypto empire, has sent its first tweet ever, and it is aimed directly at the bankrupt crypto exchange, Voyager Digital. The post Alameda Research happy to repay Voyager loan in its first ever tweet appeared first on CryptoSlate.

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Celsius Sends $500M of Bitcoin Derivative to Crypto Exchange After Debt Payoff

The move comes just after the crypto lender reclaimed 22,000 WBTC as collateral of its loan on DeFi lending protocol Maker, blockchain data shows.

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Coinbase took out the first Bitcoin-backed loan from Goldman Sachs

The largest exchange in the U.S. has taken out a loan from Goldman collateralized in Bitcoin as a Wall Street first, paving the way for others to follow.

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Silvergate Bank Loans MicroStrategy $205M With BTC as Collateral

Earlier today, Silvergate Capital Corporation announced a $205M loan from Silvergate Exchange Network (SEN) to MicroStrategy that has BTC as collateral. MacroStrategy LLC is a subsidiary of mobile technology services provider MicroStrategy.

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New Coinbase feature allows Bitcoin as collateral for up to $1 million cash loan

Coinbase users can now borrow up to $1 million in cash using their Bitcoin as collateral, this information was revealed via the crypto exchange’s official Twitter handle. The post New Coinbase feature allows Bitcoin as collateral for up to $1 million cash loan appeared first on CryptoSlate.

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Hoard Marketplace Goes Live on Ethereum Mainnet

As promised on its development roadmap for 2021, Hoard Exchange launches its NFT Marketplace on the Ethereum Mainnet today, May 26th. The marketplace comes with a host of features and capabilities, including the provisions to loan and stake using NFT as collateral for the loan.

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Crypto Exchange Abra Launches Fiat Loan Feature

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Crypto.com adds bitcoin (BTC) as a loan asset on lending platform

CryptoNinjas » Crypto. com adds bitcoin (BTC) as a loan asset on lending platform Crypto. com, a bitcoin and cryptocurrency exchange platform, today announced that users can now secure a bitcoin (BTC) loan by borrowing against their crypto, and access a loan-to-value (LTV) ratio of up to 50%.

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Bitfinex has Repaid the $850 Million Loan Owed to Tether in ‘Full’ and ‘Early’

Cryptocurrency exchange Bitfinex has repaid the remaining balance of $550 million of the outstanding loan to Tether, which was the center of allegations of fraud made by the New York Attorney General (NYAG).

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Loans now available on the Crypto.com Exchange

Crypto. com today announced the launch of cryptocurrency-backed loans on the Crypto. com Exchange. Users can now receive an instant loan when using their crypto as collateral. Highlights Deposit accepted cryptocurrency and receive a loan instantly; Repay loans partially or in full at any time without early repayment fees; Interest rates as low as 1% APR, stake […] CryptoNinjas.

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Bitfinex introduces crypto loans including bitcoin (BTC) and ether (ETH)

Bitfinex, a popular cryptocurrency exchange platform, today announced it has launched bitcoin (BTC) and ether (ETH) personal loans on Bitfinex Borrow, a peer-to-peer (P2P) digital token loan portal.

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DeFi App Aave Creates First Credit Delegation Loan to DeversiFi Decentralized Exchange

Aave has announced the launch of the Credit Delegation (CD) facility last month, which aims to increase liquidity on the platform and ease capital movements across the DeFi ecosystem. This aims to open up the DeFi ecosystem to traditional markets allowing direct lending and saving to millions of people across the globe. The CD system […]

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Crypto Exchange Elquirex Offers Loan Services, Digital Wallet, and Investment Plans

The exponentially growing popularity of cryptocurrencies has led to an unprecedented rise in the number of crypto exchange platforms. Today, there’s no dearth of options when it comes to finding exchanges where users can trade and store popular cryptocurrencies such as Bitcoin (BTC), and Ether (ETH), among others.

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Binance Increases Maximum Cross-Collateral Loan Limit to $1M Despite USDT Loan Shortage

Binance has announced it is increasing the max limit for cross-collateral loans for its futures exchange to $1M. However, the exchange is still suffering from a USDT shortage for its loans. When you bet on a cryptocurrency’s future price on a futures exchange, you need to put up collateral.

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Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans

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.

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Bitrue Exchange to Launch Crypto-Backed Loan Platform

The service, which goes live on Sept. 30, loans BTC, ETH XRP and USDT at a 0.04% daily interest rate.

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Binance includes BTC, ETH, BNB, ETC, and USDT in fourth phase of lending platform

Leading cryptocurrency exchange, Binance is all set to unveil the fourth phase of Binance Lending Products at 6 AM [UTC] on 18th September. In this lending program, participants are required to deposit their tokens for a fixed term of 14 days and receive a fixed interest rate immediately after the maturity of the loan term.

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Cryptocurrency Exchange Bitfinex Repays $100 Million to Tether

In a blog post published on July 2, 2019, cryptocurrency exchange Bitfinex announced that it had repaid $100 million of the outstanding loan amount to closely affiliated stablecoin firm Tether (USDT).

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Bitfinex Reports $100M Loan Repayment to Tether Ahead of Due Date

The exchange reportedly transferred $100 million to Tether, Inc. to cover a part of its $900 million loan.

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Bitfinex Has Relinquished a $100 Million of its Loan from Tether

Coinspeaker Bitfinex Has Relinquished a $100 Million of its Loan from TetherFollowing the 2016 cyber attack on top cryptocurrency exchange - Bitfinex, that brought about its loss of $700 million Customer funds.

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VELIC crypto exchange adds new loan service up to 20,000 USDT

VELIC, a recently launched cryptocurrency, and blockchain exchange ecosystem, today announced the launch of user loan services, starting from June 18th. Initially, the loans will be offered in USDT, with an aggregate cap of 20,000 USDT per account.

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Op Ed: A Summary of

In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.

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Bitfinex, Attorney General Legal Sparring Continues With New Court Filings

Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend.

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ESAX STO ICO

ESAX PLATFORM, FOR SECTORAL COMPANIES, PAYMENT SYSTEMS AND LOAN APPLICATIONS, USER-CENTRIC DECENTRALIZED EXCHANGE AND P2P ESCROW TRADING NEW PROJECT, NEW VISION. ESAXC COIN, ESAX TOKEN & ESAX EXCHANGE ESAX TOKEN ESAX Token is the ERC20 based token of the platform.

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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.

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On Collusion

Special thanks to Glen Weyl, Phil Daian and Jinglan Wang for review Over the last few years there has been an increasing interest in using deliberately engineered economic incentives and mechanism design to align behavior of participants in various contexts.

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Japan Introduces Stricter Regulation for Crypto Margin Trading

Japanese regulators have reportedly approved draft amendments to the country's financial instruments and payment services laws, introducing stricter regulations for margin trading of digital assets.

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Japan tightens grip on cryptocurrency margin trading

Japan, the home of the now-defunct cryptocurrency exchange Mt. Gox, is establishing stricter rules for cryptocurrency margin trading to prevent investors from getting scammed. Margin traders typically use borrowed funds from a broker to trade a financial asset, which in turn, forms the collateral for the loan supplied by the broker.

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Jarvis Exchange ICO

Jarvis is a robust technology framework that supports a financial ecosystem that includes licensed centralized and semi-decentralized exchanges and a marketplace. The Jarvis technology makes assets interoperable and makes it possible to provide users access to any financial market, and to utilize any asset as a medium of exchange, or of payment, as collateral for a loan, or to contribute to a liquidity pool.

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U.S. SEC Opens Investigation into Salt Lending and Former Director Eric Voorhees

Shapeshift CEO Eric Voorhees and cryptocurrency loans startup Salt Lending Ltd. is under investigation by the U. S. Securities and Exchange Commission (SEC) concerning its $50 million ICO in 2017, per a Wall Street Journal article, published November 15, 2018.

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CoVEX ICO

CoVEX is a blockchain-based financial ecosystem of FinTech services. The primary objective of CoVEX is to initiate meaningful changes within the crypto markets to allow a wide range of non-technical users also take advantage of the great potentials that the cryptosystems are offering.

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The Daily: Binance to Expand in Singapore, Uphold Launches Loan Service

In today’s edition of The Daily, we look at a strategic investment that could help Binance to establish a fiat-to-crypto exchange in Singapore. We also focus on a new service that digital payments platform Uphold is launching to lend funds to its clients, as well as a cryptocurrency-backed prepaid card that’s coming to the U.

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SALT Lending Adds Dogecoin as Collateral Option

The crypto-based lending platform SALT is now accepting Dogecoin as collateral. This feature means that users can lock up Dogecoin in exchange for a USD loan, and the company has explained why it chose to include the coin as one of its four options.

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