BabelFinance: We Have Given Out $110 Million in Crypto Loans Mostly to Chinese Entrepreneurs

2019-6-14 23:58

BabelFinance, a crypto financing firm reported on Wednesday that it had given out about $110 million in form of crypto loans since inception in July 2018. The company says that most of its loans have been offered to Chinese entrepreneurs.

The company has majorly focused on the Asian markets and has seen its fortunes increase […].

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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.

2021-1-16 22:00


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Celsius has Facilitated $1.2 Billion in Crypto Loans in 10 Months, With Over $200 Million in Deposits

Depositors from more than 100 nations have received interest paid from over $1. 2 billion in loans issued to hedge funds and crypto exchanges. Celsius Network, a top cryptocurrency lending, and borrowing platform has announced its listing on Liquid, a leading crypto exchange focused on bridging the gap between the traditional financial system and the crypto […] The post Celsius has Facilitated $1.

2019-6-3 07:26


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Mike Novogratz’s Galaxy Digital Is Raising a $250 Million Credit Fund for Crypto Firms

Bitcoin bull Mike Novogratz’s crypto merchant bank Galaxy Digital is raising at least $250 million to offer loans in USD to crypto firms looking for cash, reported Business Insider on Jan. 25. According to people familiar with the matter, borrowers will get loans by using cryptocurrencies, buildings, and even cryptocurrency mining hardware as collateral.

2019-1-25 16:49