SEC hits BlockFi with a $100 million penalty, gives 60 days to comply with a 1940 law
The penalty comes after months of heightened regulatory attention to crypto lending platforms. Go to Source Powered by WPeMatico
Lending
Auto Added by WPeMatico
3 things the crypto sector must offer to truly mainstream with TradFi
“Reforming the face of finance” is crypto’s primary sales pitch, but the sector needs to offer a few basic components before being welcomed into the arms of the traditional finance sector. Go to Source Powered by WPeMatico
a16z-backed TrueFi launches DeFi lending market for asset managers
Ali Yahya, a general partner at Andreessen Horowitz, told Cointelegraph that TrueFi will “bring the unique advantages of DeFi to a wider and global user base.” Go to Source Powered by WPeMatico
UK tax agency cracks down on rules around DeFi lending and staking
“HMRC treats crypto assets as property for tax purposes. However, this is inconsistent with the approach currently being adopted by Government and other regulatory bodies in the UK,” said the executive director of CryptoUK Ian Taylor Go to Source Powered by WPeMatico
Genesis issues $6M NFT-backed loan to Meta4 Capital
Institutional investors are increasingly entering the NFT space, particularly interested in providing original lending solutions. Go to Source Powered by WPeMatico
5 ways derivatives could change the cryptocurrency sector in 2022
Retail and institutional investors love derivatives instruments. Here‘s how they could impact crypto markets in 2022. Go to Source Powered by WPeMatico
5 cryptocurrency projects that made waves in 2021
UNI, AAVE, CRV, AXS and DOGE are a few of the top cryptocurrency projects in 2021 that helped transform the face of the cryptocurrency ecosystem and paved the way to mass adoption. Go to Source Powered by WPeMatico
Defi Marketplace and NFT Platform Arcade Raises $15 Million in Series A Funding Round
The decentralized finance (defi) marketplace, non-fungible token (NFT) financialization platform, and lending application Arcade has announced the company has closed a Series A investment round for $15 million. Just recently, Arcade facilitated an onchain loan of $800,000 against an NFT portfolio from a lender with over $10 billion. Arcade Raises $15 Million in Series A … Read more
Nexo partners with Three Arrows Capital to launch NFT lending & art financing service
Bored Ape Yacht Club and CryptoPunks NFTs are two of the options supported as collateral for crypto credit lines on the platform. Go to Source Powered by WPeMatico
Wen moon? Data shows pro traders becoming more bullish on Bitcoin price
MicroStrategy’s purchase of 7,002 BTC might have helped boost Bitcoin price today, but derivatives data also shows that pro traders are becoming more bullish. Go to Source Powered by WPeMatico
