ING Backed Hqlax to Target Institutional Investors, Says Platform’s COO
Hqlax recently received an undisclosed investment from ING, following several years of collaboration on the Hqlax tokenized securities platform Go to Source Powered by WPeMatico
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ETH Price Strains Defi Collateral Loans as ‘Black Swan’ Event Strikes Makerdao
The price of ethereum dropping double digits on March 12 sent shockwaves through the decentralized finance (defi) community. Makerdao’s single collateral DAI has been struggling and the low price of ETH has left millions worth of DAI undercollateralized. The defi project’s undercollateralizition was also blamed on price oracle discrepancies. Also read: The 35 Most Influential … Read more
DeFi Giant MakerDAO Avoiding Shutdown in the Face of Tanking ETH — For Now
DeFi giant MakerDAO struggles to keep up with tanking Ether price, but developers are avoiding shutdown for now Go to Source Powered by WPeMatico
Crypto Lending, Explained
Earning interest is only one of the opportunities available in the thriving crypto lending ecosystem, making formerly static hodl’d assets more productive #Sponsored Go to Source Powered by WPeMatico
Blockchain.com Will Allow Retail Wallet Users to Borrow USD Stablecoins With Cryptocurrency
The digital assets lending field seems to be heating up with Blockchain.com starting to offer lending directly to retail consumers globally. Borrowed USD stablecoins can be used by crypto traders to fund their next trades and thus increase the leverage of their holdings. Also Read: Blockchain.com Launches High Speed Crypto Exchange for Retail Traders Popular … Read more
Blockchain.Com Now Offers Crypto Lending Service to All Users
Blockchain.com now allows retail users to borrow Paxos Standard stablecoin against Bitcoin Go to Source Powered by WPeMatico
BitGo Launches Its First Institutional Crypto Lending Service
Major cryptocurrency firm BitGo launches its first institutional-focused crypto lending service Go to Source Powered by WPeMatico
Cryptocurrency Could Kill Bank Lending, Warns Bank of England Deputy Governor
In the cryptocurrency economy, the supply of credit through the banking system could disappear, warned Bank of England Deputy Governor Sir Jon Cunliffe. That would be a change with “profound economic consequences,” he added, emphasizing the risks from Facebook’s Libra project and global stablecoins. Also read: SEC Karate-Chops Steven Seagal Over Promoting Cryptocurrency Touted as … Read more
Celsius Doubled Its Total Paid Crypto Loan Interest Since November
Crypto lending platform Celsius continues to grow its user base, and has doubled its total paid interest since late last year Go to Source Powered by WPeMatico
Understanding Defi Flash Loans: Complex Attacks, Inflation and Composable Systems
Two recent flash loans on the defi platform Bzx have started a fierce debate about the subject of using uncollateralized loans in a quick trade. Essentially these flash loans are providing people with the ability to borrow crypto without relinquishing any collateral. The scheme was used to exploit funds from the Bzx platform twice, as … Read more