SALT Lending, a cryptocurrency loan provider who raised tens of millions of dollars during through an initial coin offering (ICO) with support from crypto pioneer Erik Voorhees, has become the latest blockchain firm to attract the attention of US securities regulators. Crypto Loan Provider SALT under SEC Investigation The Wall Street Journal reports that theThe post $50 Million ICO Lands Crypto Lender SALT in Hot Water with SEC: WSJ appeared first on CCN
11/17/2018 / 19:35:25
For those who exist anywhere near the crypto scene, it’s obvious that if it had fashion trends - this season would be all about stablecoins. With crypto investors choosing in favor of holding their crypto assets more and more, and investing into what seems to be the safest options on the market, we see a consistent growth of capitalization, and a drive for transparency in stablecoins - and this sentiment shows no signs of abating anytime soon. Bitcoin News.
11/07/2018 / 10:30:46
The first Bitcoin-backed loan has been issued to a Canadian company allowing cryptocurrency holders to liquify their assets without selling. Bitcoin Loan a ‘Game Changer’ Canadian company Ledn, has purportedly become the first and only local lender to issue Canadian dollar loans using Bitcoin as collateral, according to local media Wealth Professional. The loan was given to Bitcoin payment processor Bylls. According to the company’s CEO Francis Pouliot, the loan solved important issues as it enabledRead MoreBitcoinist.com.
11/06/2018 / 01:00:31
In this edition of The Daily, we cover Nexo’s recent decision to pay interest on stablecoin holdings, as well as a project by two Swiss cryptocurrency companies to offer exchange and custodial solutions for financial institutions that handle digital assets. We also look at Bitfinex’s newly updated app for ''on-the-go” traders. Also read: Security Startup Raises […]Bitcoin News.
10/31/2018 / 13:50:47
The Daily | App | banks | BitFinex | custody | Exchange | Interest | lending | loans | Metaco | N-Featured | Nexo | SCX | Services | Stablecoins | swiss | Switzerland | Traders | trading | | Exchange|Fiat|BTC|Trading
The cryptocurrency world has seen an influx of stablecoins. While their initial purpose is to provide a stable asset value, Nexo sees merit in this concept for different reasons. The crypto-oriented loan platform will offer hefty interest rates to users storing major stablecoins on this platform. Nexo has Unusual Plans The purpose of a stablecoin...Live Bitcoin News.
10/31/2018 / 05:30:38
Cryptocurrency loans service Nexo has confirmed it is adding support for bitcoin cash (BCH). The Switzerland-based lending platform offers crypto-fiat loans from upwards of $1,000, with no credit checks required as collateral. BCH holders will be able to stake their cryptocurrency as collateral and obtain instant funding in more than 40 fiat currencies. Also read: Japanese […]Bitcoin News.
10/23/2018 / 18:15:39
Genesis Global Trading has released a financial report for the third quarter that shows the U.S. cryptocurrency lender provided $553 million worth of digital asset loans. These were issued to corporate borrowers such as hedge funds and trading firms in the form of BTC, BCH, ETH and other cryptocurrencies. Also read: World’s Biggest Banks Helped Clients Steal […]The post Genesis Global’s Bitcoin Loans Hit $553M in 6 Months appeared first on Bitcoin News.
10/22/2018 / 21:30:49
News | Bitcoin | bitcoin cash | borrow | Cryptocurrency | derivatives | Digital Assets | Digital Currency | Ethereum | Genesis Global Trading | Hedge Funds | lend | loans | N-Economy | OTC | trading firms | U.S. | | BTC|ETH|Trading
Crypto loans appear to be in high demand. This somewhat unusual business model is generating a lot of excitement. Genesis Capital has seen the number of loans issued through its platform increase significantly. Over $550m worth of cryptocurrency has changed hands over the past seven months. Genesis Capital is on the Right Track In March...The post Crypto Lending On The Rise: Genesis Capital Issued $553 Million in Crypto Loans Since March 2018 appeared first on Live Bitcoin News.
10/20/2018 / 21:00:27
Cryptocurrency investors have another way to access capital without having to liquidate their portfolios. SALT Lending, which has issued more than $50 million in blockchain-backed loans, is capitalizing on the liquidity in dogecoin and has begun offering loans in USD collateralized by longtime crypto darling DOGE. Dogecoin’s profile has been on the rise in recentCCN
10/19/2018 / 19:15:16
Since we can't always predict what our life has in store for us, and circumstances may change in a blink of an eye, which comes especially important when you're paying a personal loan, it's wise to consider several possibilities for its refinancing.CoinSpeaker.
10/11/2018 / 19:57:58
Crypto-based lender SALT, now offers loans based on you bag of LTC, ETH or BTC. Crypto-backed lender SALT has updated its platform to offer its users loans based on their holdings of Litecoin, as well as offering up new interest rates and a removal of the cap on the maximum loan amount. The news provided […]CryptoNewsReview.
10/05/2018 / 13:46:36
Secured loans in the digital lending space are witnessing a lot of innovations. But thinking of cryptocurrencies as collateral forms for these loans is still a big question, one full of regulatory and practical concerns. Also read: Japanese Corporation Begins Offering Loans Secured by Cryptocurrency Loans Secured Against Bitcoins If there is anything that has […]Bitcoin News.
09/25/2018 / 00:45:42
The fact that cryptocurrencies solve liquidity problems for multiple financial processes is now well known, but as the industry evolves and expands, could it save the world from another financial crisis? ‘We are in danger of sleepwalking into a future crisis’ In 2008, the catastrophic failure of a global banking system manipulating overly encouraging governmental regulation sparked a nightmare for billions of consumers around the world. While economies continue to feel the knock-on effects, theRead MoreThe post How Crypto-Collateralized Loans Restore Honest Lending (And Avoid Financial Crisis) appeared first on Bitcoinist.com.
09/15/2018 / 16:00:02
Altcoins | Bitcoin | Bitcoin Service | Emerging Markets | News | News teaser | Collateral | Collateralized loans | Cryptocurrency | financial crisis | INLOCK | lending | Loans | | BTC|Regulation|Altcoin
Today, cryptocurrency mining operators could benefit from taking out loans while using their mined coins as collateral to cover their expenses and persevere during the current bear market. Miners Can’t Hodl…or Can They? Large-scale miners have enormous fixed costs, which they must pay regardless of the price their mined coins are currently worth. Indeed, many mining farms operate on thin margins and a shoestring budget, where expenses like electricity, rent, and other overhead costs mustRead MoreBitcoinist.com.
09/11/2018 / 19:00:17
Crypto.com, formerly known as Monaco, has applied to issue cryptocurrency Visa debit cards in Hong Kong, the blockchain startup said yesterday. Crypto.com to Ship Over 100,000 Cryptocurrency Visa Debit Cards to Customers Globally The Hong Kong-based firm is scheduled to ship more than 100,000 cards to customers worldwide over the next two months, reports the South...NewsBTC.
09/06/2018 / 01:00:38
‘Hodling’ has not only become an important strategy for many bitcoin users but is also a major reason why Bitcoin remains the most valuable cryptocurrency on the market. Crypto-Collateralized Loans Can Boost Bitcoin Price For any non-technical Bitcoin investor who purchased holdings longer than a week ago, ‘HODLing’ has rarely seemed such an important part of their strategy. As a result of the downturn across cryptocurrency markets in 2018, the majority of investors who bought intoRead MoreBitcoinist.com.
09/01/2018 / 19:00:39
Back in July, news.Bitcoin.com reported on the cryptocurrency-backed USD lending platform, Blockfi, which raised $52.5m from investors in an investment round led by Michael Novogratz’s Galaxy Digital. On Monday, Blockfi announced the firm is now servicing residents from California and the latest expansion leads to the crypto-lending service being available in 44 states. Also Read: Novogratz’ […]Bitcoin News.
08/28/2018 / 00:15:49
Finance | 3rd Party Loan | Blockfi | california | collateral | credit cards | Credit Services | Crypto backed loans | crypto lending | Galaxy Digital | lending | License | Licensure | loans | Michael Novogratz | N-Featured | US | USD | zac prince | | BTC|ICO|Business
INLOCK, a lending platform for cryptocurrency holders, has partnered with Bitcoinist to help educate the public on the spendability problem and how crypto-collateralized loans can add stability to the global economy. Liquidity Unlocked Lending is a vital function of any monetary system, cryptocurrencies included. By partnering with Bitcoinist, lending platform INLOCK is looking to get the word out on a key barrier to usage and adoption of cryptocurrencies, namely spendability. “We have been cooperatingRead MoreBitcoinist.com.
08/22/2018 / 19:30:18
Cryptocurrency-collateralized loan provider SALT Lending has announced that it is now operational in 35 U.S. states after receiving regulatory approval to expand its network to 20 new localities. The Colorado-based firm is perhaps the best known of several companies that allow borrowers to stake their bitcoin and other cryptocurrency assets as collateral when applying forCCN
08/10/2018 / 23:40:28
SALT, one of the earliest cryptocurrency-backed lending providers in the space, announced this week it was expanding into 20 more states in the US, bringing its total market penetration to 35, including Washington DC, across America. And while that number is impressive on its own, SALT accomplished this during an extended bear market. Also read: […]Bitcoin News.
08/09/2018 / 17:25:14
News | Bear Market | Bitcoin | Blockchain | Connecticut | crypto lending | Cryptocurrency | Ethereum | Florida | Illinois | Kansas | Maryland | Michigan | N-Featured | POA | Salt | Texas | Wisconsin | | BTC|Market|ETH|Blockchain|Trading
A Japanese company listed on the Tokyo Stock Exchange is offering loans secured by three cryptocurrencies: BTC, BCH, and ETH. Clients can borrow up to 300 million yen (~$2.7 million) at varying interest rates. The company has also established a subsidiary overseas for its crypto business. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]Bitcoin News.
08/01/2018 / 21:50:50
Finance | abic corporation | BCH | Binance | Bitcoin | bitcoin cash | BTC | collateral | crypto | Cryptocurrency | Digital Currency | ETH | ether | Ethereum | ICO | Japan | japanese | lending | libra credit | loans | N-Economy | samurai & j partners | samurai asset finance | secured loans | Virtual Currency | | BTC|ETH|ICO|Exchange|Asia
Binance Labs, the investment wing of the leading cryptocurrency exchange, Binance, has announced that it has invested in Libra Credit – “a decentralized digital asset financial services platform.” The partnership will allow holders of Binance’s native token, Binance Coin (BNB), to use their BNB as collateral for loans in crypto of fiat currency. Also Read: Pantera […]Bitcoin News.
07/29/2018 / 17:50:23
Finance | announces | Binance | binance Labs | bnb | collateral | credit | Cryptocurrency | Ella Zhang | Fiat | labs | lending | Libra | loan | loans | N-Economy | partnership | | Exchange|Fiat|BTC|ICO
Various cryptocurrency firms have tried their hand at the lending business. Most of those firms have failed, for rather obvious reasons. It now seems SALT Lending is headed in the same direction, as the project has allegedly suffered some big setbacks over the past few days. SALT Lending Is Struggling It is evident there are […]
07/26/2018 / 22:00:11
Galaxy Digital, a merchant bank founded by famed bitcoin investor and president of the Fortress Investment Group, Michael Novogratz, has led a $52.5 million investment round for cryptocurrency-backed USD lending platform, Blockfi. Also Read: Coinbase Now Offers Crypto currency Gift Cards in Europe and Australia Novogratz’ Galaxy Digital Leads $52.5 Mn Fundraiser for Crypto-Backed Lending Platform In […]The post Novogratz’ Galaxy Digital Leads $52.5 Million Blockfi Fundraiser appeared first on Bitcoin News.
07/26/2018 / 01:05:21
Finance | $52.5 | Blockfi | chris ferraro | Digital | fundraiser | Galaxy | galaxy digital ventures | Leads | lending | loans | Michael Novogratz | million | N-Economy | Novogratz | zac prince | | BTC|Regulation|Fiat|Business
Lendledger is here to make loans accessible for unserved segments which will greatly contribute to the development of the market. The post Welcome Lendledger, a Trusted Open Network to Bridge $2.6 Trillion Lending Gap appeared first on CoinSpeaker.
07/20/2018 / 07:32:08
FinTech News | News | Smart Contracts | blockchain lending | blockchain lending platform | blockchain technology | lending network | lendledger | lendledger lending network | lendledger network | lendledger protocol | | Market
The lending industry can benefit from cryptocurrencies in multiple ways. It taps a whole new liquidity pool, and its global nature makes lending and borrowing easier for all parties involved. Nuo Lend is trying to make an impact in this regard. Lending and borrowing Ether backed by ERC20 tokens is a unique business model. The […]
07/13/2018 / 17:00:26
Over the past year, cryptocurrencies like bitcoin have gained in value and some people have ‘cashed out’ their digital assets in order to purchase cars or a new home. However, some people who have sold cryptocurrencies in the past may have a hard time getting a home loan even though they have the funds to […]Bitcoin News.
07/10/2018 / 00:05:07
News | banks | Bitcoin | BSA | Building Societies Association | cashing out | Cryptocurrency | Digital Assets | Fiat | Homes | House and Holiday | houses | investment | lenders | loans | Mark Stallard | Mortgages | N-Featured | Prior Sales | r/btc | sales | Selling | u/fojawi | uk | | BTC|Fiat
Bitcoinist spoke with the team from P2P lending platform INLOCK on how its platform solves the spendability problem for users of Bitcoin and other cryptocurrencies while providing the option to remain ‘hodlers’. Wanted to ‘hodl’ when you should have ‘sodl’ or vice versa? Despite incredible potential, the nascent cryptocurrency industry is still behind in terms of financial services and tools that offer flexibility when compared to traditional finance. P2P lending platform InLock wants to change this by enabling cryptocurrencyRead MoreThe post Have Your Cake and ‘Hodl’ Too: Taking Out a Loan With Bitcoin (Interview) appeared first on Bitcoinist.com.
06/22/2018 / 22:00:05
Borrowing and lending cryptocurrencies is not a new business model. Several companies try their hand at such a service with varying degrees of success. Japanese exchange Bitbank aims to do things a bit differently with its native Bitcoin borrowing program. The New Bitbank Lending Venture Japanese exchanges play a critical role in the world of cryptocurrency,...Bitcoin Network, News, Charts, Guides & Analysis.
06/13/2018 / 16:30:04
Blockchain technology represents an emerging sector and new paradigm of technology whose implications are massive. Speculation aside, it is becoming increasingly clear that blockchain is going to revolutionize a number of industries in national and global economies. Here are three such industries where blockchain-led disruption is imminent. 1. Insurance The insurance industry is a mess, […]
06/12/2018 / 22:00:47
Technology | blockchain | dao | Dash | Disruption | einsteinium | ethlend | evolution | Finance | insurance | martin shkreli | MediBloc | Medicine | patientory | ripple | SALT | stellar | tides | transformation | | Blockchain|Technology|XRP|DASH
Wells Fargo has announced that it will begin to block all cryptocurrency purchases on credit cards under the Wells Fargo name. Wells Fargo Imposes Credit Card Restrictions Despite the ban, Wells Fargo has implied that the ban may only be temporary. To clear up the waters regarding this issue, Shelley Miller, a representative from the financial...NewsBTC.
06/12/2018 / 22:00:09
Crypto | Industry | altcoin | ban | Bank of America | bitcoin | BOA | Buy cryptocurrency | credit card | crypto | cryptocurrency | digital currency | jpmorgan | JPMorgan Chase | LendEDU | News | restriction | Wells Fargo | | BTC|Altcoin
An established Japanese corporation has begun offering loans secured by cryptocurrency. The company says this is the first service in Japan where loans in Japanese yen can be obtained with cryptocurrency as collateral. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Loan Program Abic Corporation announced Friday the launch of its bitcoin loan […]Bitcoin News.
06/03/2018 / 07:35:42
Finance | abic corporation | Bitcoin | BTC | capital gains | crypto | Cryptocurrency | Digital Currency | Fees | forked coins | Funds | interest rates | Japan | japanese | lending | loan | loans | N-Economy | repayments | secured loans | Tax | Taxation | Virtual Currency | | BTC|Asia|ICO|Regulation|Fiat
Another government-approved Japanese cryptocurrency exchange has launched a program to borrow cryptocurrencies from its members. The exchange seeks to borrow as little as 1 BTC. Initially, only BTC will be borrowed, but the exchange plans to add other cryptocurrencies including BCH, XRP, ETH, and LTC. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitbank […]The post Got 1 BTC? Another Japanese Exchange Wants to Borrow Your Cryptocurrencies appeared first on Bitcoin News.
05/27/2018 / 22:20:29
Exchanges | BCH | bit bank | Bitbank | Bitcoin | bitcoin cash | borrow | BTC | credit | crypto | Cryptocurrency | Digital Currency | ETH | Ethereum | Exchange | gmo | Interest | Japan | japanese | lending | litecoin | loan | LTC | mona | monacoin | N-Economy | Ripple | Virtual Currency | XRP | | BTC|Exchange|ETH|LTC|XRP
The project that’s building a network for decentralized applications layer for the internet, Blockstack, has announced the launch of a new universal Dapp (decentralized application) store called App.co. The aggregated list of roughly 138 ecosystem-wide applications that offer utility by harnessing the benefits of decentralized technologies like blockchain, cryptocurrencies, IPFS, Zeronet, and more. Also read: […]Bitcoin News.
05/18/2018 / 05:40:32
Wallets | app.co | bitcoin cash | Blockchain | blockchains | Blockstack | cryptokitties | dApps | Decentralized Layer | DIstributed Ledger | ETHLend | Kyber | metamask | Muneeb Ali | N-Featured | OpenBazaar | Peepeth | Ryan Shea | Stealthy | Steemit | Yours | yours.org | | Blockchain|BTC
Accenture and Intel are to help develop a Hyperledger-based securities lending platform for the Tel-Aviv Stock Exchange.
05/17/2018 / 20:20:10
Cryptocurrencies play an increasing role of importance in the lending business. Bitcoin and altcoins provide a cross-border solution in terms of sending money, which is of great interest to a lot of people. GMO Internet acknowledges this trend and is expanding its loan program. Four new cryptocurrencies have been added last week, which is pretty...Bitcoin Network, News, Charts, Guides & Analysis.
05/14/2018 / 16:15:07
Bullish Long-Term Price Projections As always,Read More →Crypto Core Media.
05/14/2018 / 14:47:58
Bitcoin | crypto-trading | Cryptocurrencies | Cryptocurrency Market | News | bitbond | bitcoin hashrate | Bitcoin Mining | bitcoin prediction | Bitcoin Price | Fundstrat | Lending platform | Thomas Lee | Tim Draper | | Trading|BTC
GMO Internet’s cryptocurrency exchange has added four more cryptocurrencies to its loan program which allows customers to lend their cryptocurrencies to the company. The program was originally launched last month for just bitcoin (BTC) but GMO has now added bitcoin cash (BCH), ether (ETH), litecoin (LTC) and ripple (XRP) to the program. Also read: Yahoo! Japan Confirms […]Bitcoin News.
05/13/2018 / 02:15:04
Exchanges | BCH | Bitcoin | bitcoin cash | borrow | BTC | crypto | Cryptocurrency | Digital Currency | ETH | ether | gmo | gmo coin | GMO internet | lending | licensed | litecoin | loan | LTC | N-Economy | pay customers | Ripple | Virtual Currency | XRP | | BTC|LTC|XRP|ETH|Exchange
Over the past year, cryptocurrency-backed lending has grown very popular with organizations like Salt Lending, and Unchained Capital trying to capture a piece of this emerging industry. Projects like Salt Lending have issued millions worth of crypto-backed loans so far and the teams behind these digital currency operations believe crypto-to-cash lending is going to be […]Bitcoin News.
05/04/2018 / 19:34:13
Sharing economy | APR | banks | Bitcoin | borrowing | BTC | business loans | capital gains | CoinLoan | collateral loans | credit checks | Cryptocurrency | Digital Assets | ETHLend | Everex | Fiat | loans | N-Featured | Nexo | Othera | Salt Lending | Tax Savings | Unchained Capital | | BTC|Fiat
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