Celsius Joins Major Cryptocurrency Firms Using Simplex’s Fiat Onramp
United Kingdom-based crypto lending startup Celsius Network enables in-app crypto purchases via a new partnership with Simplex Go to Source Powered by WPeMatico
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Decentralized Lending Protocol bZx Hacked Twice in a Matter of Days
Decentralized lending protocol bZx was hacked two times just days apart, with a total loss of about $954,000 Go to Source Powered by WPeMatico
Litecoin Foundation Partners With Cred to Let Holders Earn Interest
Litecoin holders can now lend their holdings to receive interest and support the foundation Go to Source Powered by WPeMatico
Crypto Lending Will Do More Good Than Traditional One
Unless you have been living under the rock, you will know crypto lending is thriving more than any other segment of the cryptosphere. Of course, there are apparent reasons for it because lending and borrowing is a direct consumer business. But, honestly, I am too surprised by its growth where companies like BlockFi, Celsius, YouHodler … Read more
Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans
U.S.-based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. The product utilizes Silvergate Bank’s Exchange Network to fund loans and process repayments in real time. Also read: Regulatory Roundup: EU-Wide Crypto … Read more
6 High Interest-Paying Options for Crypto Lenders
As anyone who has ever sought to lend crypto will attest, significant variance exists in the APR offered to lenders. Indeed, the spectrum can swing from 1% to 8% – even when it’s the same asset being loaned across platforms such as Coinbase, Poloniex, Compound and Dharma. As a consequence, would-be lenders seeking passive income … Read more
Crypto Lending Solutions: A Review of 3 Blockchain Lending Platforms
An analysis of leading platforms offering crypto loan solutions Go to Source Powered by WPeMatico
Pomp Joins Figure’s Board as Firm Completes $103M Funding Round
Morgan Creek Digital’s co-founder Pomp joins Figure’s board as his company leads the $103 funding round Go to Source Powered by WPeMatico
Crypto-Focused Lender Blockfi Launches Trading Platform
Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes Enforcement Network and expanded its state licenses to cover both lending and money transmission. Also read: Bitcoin ATMs Installed … Read more
Crypto Platform Celsius Network Reaches $4.25 Billion in Total Loans
Crypto platform Celsius Network reached $4.25 billion in total crypto loans Go to Source Powered by WPeMatico