EOSDT Supply Increases by $100M With Bitcoin Liquidity Support
Equilibrium raises EOSDT circulation supply from $70 million to $170 million through its integration with pBTC Go to Source Powered by WPeMatico
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Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin
While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a new smart contract built on the RSK protocol, also offers a stablecoin token. An Attempt … Read more
DYdX’s Generates $1B in DeFi Loans Over One Year
DeFi lending protocol dYdX has processed more than $1.1 billion in loans in its first year of operation Go to Source Powered by WPeMatico
US COVID-19 Relief Plan Will Use Fintech, but Crypto Not Welcome
Crypto lenders can help small businesses affected by COVID-19, but they are locked out of the U.S. government’s relief program Go to Source Powered by WPeMatico
Dorsey’s Crypto-Friendly Firm Square Joins Paycheck Protection Program
Jack Dorsey’s Square Capital is among the first crypto-friendly firms to officially join the U.S. federal emergency lending program Go to Source Powered by WPeMatico
Retail Investors Can Now Use Paxos Gold as Collateral Against Loans
The Nexo platform now allows retail investors to use Paxos Gold tokens as loan collateral Go to Source Powered by WPeMatico
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 … Read more
Cred Partners With NBA Star Spencer Dinwiddie to Promote Crypto Lending
NBA player Spencer Dinwiddie has launched another crypto-related venture as he partners with the Cred crypto lending platform Go to Source Powered by WPeMatico
Celsius Network Is Profitable and Resisting Market Downturn, Claims CEO
Celsius Network founder and CEO Alex Mashinsky noted the Celsius Network’s profitably and resilience amid shaky global markets Go to Source Powered by WPeMatico
Binance Lending Adds Bitcoin Cash to Flexible Deposits Letting Users Earn Interest on BCH
Bitcoin cash users now have another venue to earn interest on their digital asset holdings. Binance has added support for BCH flexible deposits on its lending platform, alongside ETH and EOS. This development comes just as competition in the crypto lending field is heating up. Also Read: Binance Users in Turkey Can Now Deposit and … Read more