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First for SEC: Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties
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Coinbase Launches High Yield USDC Accounts With 4% APY
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Aave (LEND) Staking Proposal Could Extend DeFi Token’s 600% Rally
Aave’s LEND token continues to rally after DeFi protocol introduced staking rewards in its Aavenomics proposal.
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ICO Crackdown: 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies
A number of class-action lawsuits have been filed against various digital asset firms and exchanges on Friday. The U.S.-based “litigation boutique,” Roche Cyrulnik Freedman, filed the lawsuit for three plaintiffs in the Southern District of New York. All three lawsuits claim that organizations like the Tron Foundation, Bitmex, Binance, Bibox and Block.one allegedly sold unregistered […]
The post ICO Crackdown: 11 Class-Action Lawsuits Filed Against Cryptocurrency Companies appeared first on Bitcoin News.
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10 Loan Providers Taking Crypto as Collateral, If You Think the Time Is Right for Hodling
If you are not ready to part with decentralized money, at a time when prices are relatively low, but need some fiat cash to cover costs in times of crisis, crypto-backed loans are a working solution. A number of platforms offer this type of service and their popularity is growing among cryptocurrency enthusiasts who are […]
The post 10 Loan Providers Taking Crypto as Collateral, If You Think the Time Is Right for Hodling appeared first on Bitcoin News.
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Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans
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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Genesis Global’s Bitcoin Loans Hit $553M in 6 Months
Genesis Global Trading has released a financial report for the third quarter that shows the U.S. cryptocurrency lender provided $553 million worth of digital asset loans. These were issued to corporate borrowers such as hedge funds and trading firms in the form of BTC, BCH, ETH and other cryptocurrencies. Also read: World’s Biggest Banks Helped Clients Steal […]
The post Genesis Global’s Bitcoin Loans Hit $553M in 6 Months appeared first on Bitcoin News.
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