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A dedicated mortgage broking service for cryptocurrency investors has been launched in Australia, aiming to help holders of digital assets translate their crypto wealth into property ownership. Bridging Mortgages and Crypto Strategies A new player has entered the mortgage market with the launch of Mortgage On Chain, Australia’s first broking service dedicated to cryptocurrency investors. … Read more
Uranium has officially entered the decentralized finance ecosystem with the launch of xU3O8-based lending on the DeFi aggregator Oku, utilizing the Morpho protocol. Unlocking Liquidity for a Traditionally Opaque Market Uranium, the radioactive heavy metal used in nuclear reactors, has been ushered into the decentralized finance (DeFi) ecosystem with the launch of xU3O8-based lending on … Read more
Lava, a bitcoin-focused financial platform, disclosed it has raised $200 million and launched a global bitcoin-backed line of credit (BLOC) offering borrowing rates starting at 5%, marking an expansion in the crypto-collateralized lending space. Lava Secures $200M to Advance Bitcoin Lending CEO Shehzan Maredia announced the move on X, calling it “the biggest day in … Read more
The Aave community has pushed back against the proposal, questioning whether it addresses the core risks. Go to Source
Safenet aims to be a layer connecting existing blockchains and allow users to interact with any chain through a single account. Go to Source
Bankrupt and now defunct BlockFi has entered into a settlement agreeing to the license revocation and to cease unsafe practices. Go to Source
The U.S. Securities and Exchange Commission (SEC) has filed settled charges against Plutus Lending LLC, operating as Abra, for failing to register the offers and sales of its crypto asset lending product, Abra Earn. The SEC also accused Abra of operating as an unregistered investment company, further complicating the firm’s regulatory standing. SEC Targets Abra … Read more
Ledn’s groundbreaking $50 million Bitcoin-backed loan, syndicated by Sygnum, is set to transform retail lending and institutional crypto finance. Go to Source
New York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program investors. This settlement ensures that all defrauded investors will fully recover the assets they invested but were unable to withdraw when the program collapsed. Additionally, Gemini is now banned from operating any crypto lending program in … Read more
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SEC) charging a subsidiary firm of DCG, Genesis Global Capital, with operating an “unregistered offer and sale of securities to retail … Read more
