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According to Blockfi’s co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 million, but Prince also noted that $240 million of that total could be used to acquire Blockfi at a variable price up […]Powered by WPeMatico
After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line from Alameda Ventures in order to “safeguard customer assets.” Five days later on July 1, Voyager announced the crypto company was “temporarily suspending trading, deposits, withdrawals and loyalty rewards.” Another […]Powered by WPeMatico
Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds from Alameda Ventures in order to get more access to liquidity. Voyager Borrows $500 […]Powered by WPeMatico
The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will use the capital to bolster Blockfi’s “balance sheet and platform strength.” Blockfi Obtains $250 Million Revolving Credit Line From FTX After Crypto Lending Firms Struggle […]Powered by WPeMatico
Bitcoin Cash community members are able to borrow against their favorite digital asset in more than 40 fiat currencies across more than 200 jurisdictions. This is thanks to Nexo which now offers BCH Instant Crypto Credit Lines with one of the lowest annual percentage rates in the industry. Also Read: Save the Children Now Accepts […]
The post Nexo Now Offers Bitcoin Cash Instant Crypto Credit Lines appeared first on Bitcoin News.
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With cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets. The spread of crypto-backed loans could also be a good indicator of investor sentiment. According to a source […]
The post Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans appeared first on Bitcoin News.
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A new type of credit card aims to pay users cryptocurrency rewards rather than the typical ‘cash back’ incentives offered by traditional cards. The San Francisco based startup Blockrize aims to provide its customers with a 1% ‘crypto back’ rewards paid out in BTC or ETH. Also read: Cryptocurrency Interest Wanes — Online Searches for “Bitcoin” […]
The post Credit Card Aims to Pay Users 1% Crypto Back Rewards appeared first on Bitcoin News.
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