loans
Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients
Coinbase announced yesterday that it was going to offer Bitcoin-backed loans to their US customers, set to be in effect for fall of this year.
Binance Adds New Loanable Assets to its Flexible Rate and VIP Loan Services
Binance has announced the addition of new loanable assets to its Binance Loans (Flexible Rate) and VIP Loan services.
World Assets Ltd. Extends Loan Agreements with Trading Firms, Keeping 10M WLD Tokens in Circulation
World Assets Ltd. extends loan agreements with trading firms, maintaining 10M WLD in circulation until June 2025.
Binance Adds New Loanable Assets: AUCTION, GMX, and LQTY
Binance introduces Auction, GMX, and Liquity as new loanable assets on its flexible rate loans.
HKMA Adjusts Countercyclical Measures for Property Mortgage Loans
The Hong Kong Monetary Authority (HKMA) announces technical adjustments to countercyclical macroprudential measures for property mortgage loans.
Binance Introduces New Loanable Assets for Flexible Rate and VIP Loan Services
Binance has expanded its loan offerings by adding new loanable assets to its Flexible Rate and VIP Loan services, enhancing options for users.
Hong Kong Monetary Authority Reports 1.1% Increase in May 2024 Deposits
The Hong Kong Monetary Authority reported a 1.1% increase in total deposits for May 2024, with notable rises in both Hong Kong dollar and foreign currency deposits.
Binance Expands Loanable Assets with ZRX, CHR, RAY, REZ, and TRB
Binance has added 0x (ZRX), Chromia (CHR), Raydium (RAY), Renzo (REZ), and Tellor Tributes (TRB) as loanable assets on Binance Loans (Flexible Rate).
Binance Expands Loanable Assets for Flexible Rate and VIP Loan Services
Binance introduces new loanable assets for its Flexible Rate and VIP Loan services, enhancing options for users and institutions.
Hong Kong Monetary Authority Reports Decline in Negative Equity Mortgage Loans for June 2024
The Hong Kong Monetary Authority's survey reveals a decrease in residential mortgage loans (RMLs) in negative equity by end of June 2024.
Binance Expands Loanable Assets for Flexible Rate and VIP Loans
Binance has added new loanable assets for its Flexible Rate and VIP Loan services, enhancing options for users, according to a recent announcement.
Binance to Cease 7-Day and 30-Day Stable Rate Loan Services
Binance will discontinue its 7-Day and 30-Day Stable Rate Loan services from September 2, 2024, while VIP Loan services remain unaffected.
Binance Expands Loanable Assets for Flexible Rate and VIP Loans
Binance has added new loanable assets to its Flexible Rate and VIP Loan services, enhancing options for users seeking crypto-backed loans.
Binance Introduces Fixed Rate Loans for Stablecoin Borrowing
Binance Loans launches Fixed Rate Loans, offering users predictable rates for stablecoin borrowing and lending. Learn more about this new financial service.
Binance Introduces New Loanable Assets on Flexible Rate and VIP Loan Services
Binance has added new loanable assets to its Flexible Rate and VIP Loan services, enhancing user flexibility and borrowing options.
Binance Announces Promotion for Fixed Rate Loans with Prizes Up to 799 USDC
Binance launches a new promotion for its Fixed Rate Loans, offering users the chance to win up to 799 USDC. The campaign runs from September 19 to October 11, 2024.
Binance Expands Loanable Assets on Flexible Rate and VIP Loans
Binance adds new loanable assets to its Flexible Rate and VIP Loan services, enhancing user options for borrowing and collateralizing assets.
Hong Kong Monetary Authority Reports 0.8% Increase in Deposits for September 2024
Hong Kong Monetary Authority's September 2024 data reveals a 0.8% rise in total deposits, with Hong Kong dollar and foreign currency deposits contributing to this growth.
Binance Offers Up to 50% Yield Boost on USDC with Fixed Rate Loans
Binance introduces a promotional offer for Fixed Rate Loans, giving suppliers up to a 50% yield boost in USDC during the promotion period from November 12 to November 30, 2024.
Binance Expands Loanable Assets on Flexible Rate and VIP Loan Services
Binance introduces new loanable assets for its Binance Loans (Flexible Rate) and VIP Loan services, enhancing flexibility and options for users.
Binance Introduces Interest-Free Loans for USDT, FDUSD, and USDC
Binance launches a promotion offering up to 7 days of interest-free loans for users borrowing USDT, FDUSD, or USDC through team formation.
Binance Expands Loanable Assets Portfolio with New Additions
Binance has announced the inclusion of a new loanable asset to its Binance Loans (Flexible Rate) and VIP Loan platforms, enhancing its crypto lending services.
Binance Expands Loanable Asset Offerings on Flexible Rate and VIP Loan Programs
Binance introduces new loanable assets under its Flexible Rate and VIP Loan programs, enhancing options for users seeking cryptocurrency-backed loans.
WOOFi Exploited on Arbitrum, Swift Response Contains Threat
WOOFi, a decentralized exchange, suffered an $8.5 million exploit on Arbitrum due to token price manipulation. The platform swiftly contained the threat and is working to retrieve funds and enhance security.
Bitfarms Settles Debt with BlockFi
Bitfarms and BlockFi collaborate via Backbone Mining Company, a completely owned subsidiary.
The Wormhole hack: hacker shifts $155 million
On January 23, a DEX received $155 million in Ether. The Wormhole attack, which lost 120,000 Wrapped ETH on Feb. 2, was 2022's third biggest crypto heist.
Fintech not Big Tech: Square is a Greater Threat to Banks than Google and Amazon
A recent survey of 300 senior executives at US-based mid-sized financial institutions found that more than half of bank and credit union executives view Big Tech companies like Amazon and Google as significant threats to the banking industry. Meanwhile only a third believe financial technology (fintech) firms will be a threat in the future, but are they sleeping on Square, Jack Dorsey’s financial technology venture whose stock price recently recorded a 20 month high.
BankProv Stops Offering Loans Secured by Crypto Mining Rigs
BankProv said in an SEC filing that it would no longer lend against crypto mining machines.
New Loanable Assets Available on Binance Loans and VIP Loan
Binance Loans (Flexible Rate) and Binance VIP Loan have introduced new loanable assets, providing users with more options for collateralizing cryptocurrencies and earning rewards. The latest additions include Aevo, BakeryToken, Beam, Ethena, and many more. The announcement also highlights the features and benefits of Binance Loans (Flexible Rate) and encourages users to explore this open-term loan product.
Origin DeFi Protocol Loses $7 Million to Hacker in Security Breach
Origin Protocol is the latest DeFi platform to lose $7 million due to hacking. The company has said that it is working to restore the stolen funds.
Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend
Tether's Q3 2023 attestation shows historic liquidity, 85.7% reserves in Cash & Cash Equivalents, reduced secured loans, and robust investment in industry research, ensuring financial resilience amid market fluctuations.
Coinbase Exchange Users Can Borrow Up to $1M Loan with Bitcoin as Collateral
American digital currency exchange Coinbase Global has launched a loan service that will allow its users to take up to 40% of the total value of their Bitcoin holdings as a loan.
Breaking: Bitcoin Enters Banking System, El Salvador's Cuscatlan and Agricola Accept it for Loans
El Salvador's Cuscatlan and Agricola banks have announced they will now accept Bitcoin for loan payments, paving the way for Bitcoin to be used directly for credit card debt settlements and loans, potentially setting global banking industry precedents.
Marketlend Launches New Stablecoin Against the Australian Dollar for Security Token Purchasing
Marketlend creates a digital currency to be backed by the Australian dollars to create a secondary market for corporate loans prompting a means through which assets can be tokenized over the blockchain.
TRX Mortgage Lending Platform Now Available to Public On TRON’s Nile Testnet
The Tron Foundation announced that the TRON TRX mortgage lending platform which is being launched on the Nile test net is available for the public testing phase, according to a medium post on Monday. The foundation believes that the platform will expand the quality of Tron ecosystem and foster awesome ecological prosperity within the loans sector.
EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto
The recovery fund spearheaded by the EU is made up of €390 billion in grants and €360 billion in loans, which will be added to a new Multiannual Financial Framework (MFF), with the sum of €1.074 trillion as a seven-year budget. The heads of state and government have reached a unanimous agreement, resulting in a total financial package of €1.82 trillion.
Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027
Fortune Business Insights, a leading publisher of market research reports, has revealed that the blockchain-as-a-service (BaaS) sector will escalate to $24.94 billion by 2027 from $1.9 billion recorded in 2019, representing a compound annual growth rate (CAGR) of 39.5%. This uptrend will be fueled by small and medium enterprises (SMEs) as they are viewing blockchain technology as an optimal solution for the numerous challenges they face, like access to bank loans, trade financing, and cash flow difficulties.
Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3
Genesis records rising demand for cash and stablecoins
Mongolia’s Oldest Bank Will Soon Offer Comprehensive Crypto Services
Mongolia’s Trade & Development Bank (TDB Bank), one of the oldest and largest banks in the nation, has announced plans to enter the crypto space.
Bitcoin Price and the Global Financial Crisis: Everybody's Looking at the Wrong Markets
While everybody obsesses over stock markets, bailouts, and inflation, the biggest global financial risks come from the collapse of debt markets. What does this mean for bitcoin?
Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"
Set out to rid the decentralized finance space, free from scammers, DeFi creators tried to patent the term ‘DeFi’. However, this was short-lived as the United States Patent and Trademark Office rejected the registered application last January.
Origin Protocol Puts $1 Million Bounty on Hacker As OUSD Stablecoin Loses Stability
Origin has now announced a $1 million bounty reward for anyone who can bring the hacker responsible for destabilizing its stablecoin to justice.
Blockchain-based Agricultural Startup Plans to Unite the Coffee Industry of Honduras
GrainChain being an agricultural start up backed up by Medici Ventures and has shown some prospects so far, plans to bring together the coffee industry of Honduras.
Trump’s Former Fed Pick to Launch Cryptocurrency
Stephen Moore, President’s Trump nominee to the Federal Reserve, has set his sights on the crypto space.