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Since the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5.9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future. Also read: The ”Wrapped Bitcoin” Project Has Now Officially … Read more
By John Yearwood Cred Correspondent Amid a dramatic Bitcoin bull run, two of the most influential names in the blockchain finance industry have launched a platform to expand global lending and earning on investments in cryptocurrency. The partnership between Bitcoin.com and Cred allows Bitcoin.com customers to earn up to 10 percent interest on Bitcoin and … Read more
Cadence, a Coinbase Ventures-backed alternative investment provider, launched a blockchain-based investment platform for private credit Go to Source Powered by WPeMatico
According to an announcement by Bitfinex, the exchange repaid $100 million of outstanding loan facility to stablecoin operator Tether Go to Source Powered by WPeMatico
General Motors and Galaxy Digital led a $23 million funding round for Spring Labs to improve its blockchain platform Go to Source Powered by WPeMatico
Interest-bearing accounts offered by cryptocurrency asset management company BlockFi now support the gemini dollar Go to Source Powered by WPeMatico
Korea’s oldest bank, Shinhan Bank, launched the country’s first blockchain-based lending platform to speed up the loan process Go to Source Powered by WPeMatico
Starting your own business isn’t easy given the reluctance of banks to grant credit. Gone are the days when a compelling business plan would be enough to have the branch manager shaking your hand and bankrolling your venture. For entrepreneurs in developing nations, where even obtaining a bank account can prove challenging, getting their idea … Read more
Peer to peer lending also known as P2P is not a new phenomenon. People have always turned to their friends and family for financial assistance when caught between a rock and a hard place. It was either that or the cutthroat pawnshop owner or the shadowy lenders down a dark alley. Before the recession, many … Read more
A crypto platform says it is launching new features and adding a broader range of tokens, with the aim of giving its user base greater financial empowerment #SPONSORED Go to Source Powered by WPeMatico