2019-8-8 01:30 |
Cryptocurrency lender Dharma has put a moratorium on new deposits and loans
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BabelFinance, a bank offering service to crypto-investors, crypto-miners and institutions related to crypto, is in the news after it announced that it had issued crypto-backed loans worth $110 million, out of which $88 million were outstanding loans.
2019-6-13 14:30 | |
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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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American crypto finance company BlockFi announced support for customers using Gemini USD (GUSD) as a substitute for fiat USD, on May 29, 2019. This move paves a path for non-U. S. residents to access the dollar-denominated debt market.
2019-5-30 15:00 | |
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Chinese speculators are borrowing in droves to take out positions in the bull market, according to one lender. BabelBank, one of the largest commercial crypto banks, has seen a significant increase in speculative borrowing.
2019-5-29 18:36 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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Cryptocurrency loans continue to capitalize on the longest bear market in Bitcoin history, with one company generating $630 million in its first six months. Records Not REKT Launched as a mobile app in July 2018, the Celsius Network reported the statistics in an update February 4.
2019-2-7 01:00 | |
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In the current financial system, banks misuse their monopoly over fiat to prevent the crypto industry from accessing the competitive and alternative financial system. Additionally, banks deny crypto businesses and miners the access to regular banking services such as loans, funds transfers, deposits and withdrawals, which essentially creates a barrier to conducting business using cryptocurrencies. […]
2018-11-9 13:05 | |
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In a recent interview, Twitter founder Jack Dorsey explained his decision to leave Bluesky, saying the project ended up repeating all the mistakes that were made at Twitter. American entrepreneur Jack Dorsey has apparently lost his faith in Bluesky, a…
With Dorsey’s departure, Bluesky says it’s now searching for a new board member for the public benefit company. Jack Dorsey, the founder of Twitter, now known as X, has stepped down from the board of the decentralized social network Bluesky,…
Polymarket issues a public statement addressing the recent “retardio” incident involving an intern’s posts, expressing apologies for “inappropriate language.” Polymarket, a decentralized prediction market platform that allows users to place bets on world events, has found itself in hot water…
The Ton blockchain team believes a new X policy will push more users toward Telegram and its crypto features.
Musk's X Payments obtains money transmitter licenses in a trio of US states, setting the stage for a mid-2024 payment feature rollout.
A smart contract security marketplace Code4arena appears to be the latest victim of a SIM swap attack on X. An X account for Code4arena, a smart contract auditing platform, was compromised allowing a hacker to publish a scam post luring…
Elon Musk, whose public comments have gotten him into trouble with Tesla investors and X advertisers, received a show of suppor from Cardano co-founder Charles Hoskinson.