Hodlnaut withdraws MAS crypto license application as liquidity issues arise.
Lyn Alden, Founder of Lyn Alden Investment Strategy, and Mauricio di Bartolomeo, Co-founder of Ledn, discuss how inflation could affect the digital asset industry.Show highlights: how Mauricio’s upbringing in Venezuela and firsthand experience with inflation led him to Bitcoin what a “long-term debt cycle” is and why Lyn thinks the 2020s could be similar to the 1930s and 1940s the difference between...
Summary: Crypto exchange Zipmex has moved to delay creditors in Singapore from pursuing legal actions against the platform. The trading service filed five separate moratorium applications to this effect. Moratoriums of this nature usually give a 30-day extension but the exchange is after a 6-month extension. The crypto exchange supposedly requires time to address its liquidity gridlock. Withdrawals on the platform were halted...
Celsius Network is a cryptocurrency lending platform and interest account; these sorts of companies offer depositors interest on their digital assets, and also offer lending programs. Crypto interest accounts gained popularity by offering...
Vermont has opened investigations into Celsius Network while warning residents to be wary of investing in more CEL tokens. Vermont's Department of Financial Regulation (DFR) said Celsius is "deeply insolvent" and accused it of mismanaging its customers' funds....
Lending and borrowing money is one of the oldest and most reliable ways of amassing wealth. Whether you need some extra cash to invest in a business venture, or want to earn some interest on your savings, loans have always been the go-to for many investors when it comes to maximizing their long-term profits. When you want to borrow or lend a fiat...
Babel Finance halts withdrawals citing liquidity pressure.
Celsius Network is a cryptocurrency lending platform and interest account; these sorts of companies offer depositors interest on their digital assets, and also offer...
Crypto lending platform BlockFi on Tuesday attracted regulatory action for breaching rules in offering securities. An order was recently issued against the lender as part of a multi-state probe including the SEC and state level regulators. Breach In BlockFi Securities Sale According to a statement by Iowa's insurance division, BlockFi "offered and sold securities in...
This is the third video in this series on Crypto Lending. In this video we will try to understand what is crypto lending & how does it work? How do LTV’s fun...
Cryptocurrency lending has become a popular practice among both cryptocurrency traders and investors. There’s many reasons why one would want to lend crypto. For example, a long-term holder might want...
Crypto investors were frustrated as Crypto.com slashed the rate of returns it offers on token deposits. The latest cut, which is the platform's second such reduction in March, was announced earlier on...
Clearpool launches its mainnet on March 23rd, 2022. As a result, we will see institutional unsecured liquidity enter DeFi. Surely, an interesting and unique addition to the DeFi space. Their first launch is on the Ethereum blockchain. Other chains will follow, spearheaded by Polygon. This will open up a bigger market. It also allows the protocol to scale at a faster pace. Furthermore,...
Crypto lending platform BlockFi said on Saturday that an unauthorized third party had gained access to some of its customer data. Personal information including names, emails and phone numbers for a "majority" of its clients could have been accessed. BlockFi said the breach had occurred on Friday through one of its third-party vendors, Hubspot- a...
As per the latest report, crypto lender Nexo is now planning to halt interest offerings on new deposits on the platform. The high interest-yield crypto products have recently attracted the attention of regulatory agencies,...
Do you know that your cryptocurrencies can be much more than a means to store the value of your assets? Renowned cryptocurrency exchange BlockFi brings new and exciting use cases to the cryptocurrency space. Now, interested persons can have access to loans with their crypto assets serving as collateral while still holding on to their cryptocurrency. This article covers important aspects of...
According to Coingecko, the native token of HectorDAO, $HEC, has a marketcap of $117 million and a 24-hour trading volume of $5.3 million. In January, $HEC was considered the second most adopted fantom-token in the ecosystem. HectorDAO is getting a big engagement in Fantom. As a result, they decided to leverage their borrowing/lending services in a...
Are you waiting for the market to reverse or just unsure of market conditions right now? We are always looking for an easy way to earn some money while waiting for the next buying opportunity. You know that feeling when you just want to park your money, earn profits from it, and then take some of it back for your next investment. Well,...
Speaking of the same time of the year last season, DeFi reached its pinnacle. The Total Value Locked (TVL) skyrocketed from $1 billion in February to $12 billion in December. Some of the protocols generated 52,000% in returns. Allegiance to the concepts like liquidity mining, yield farming, crypto loans, lending, and borrowing that this year cloaked $96 billion in TVL. Protocols like AAVE...
Cryptocurrency interest accounts and lending programs are all the rage in the blockchain space right now. Replacing greedy intermediaries, these companies enable interest-bearing cryptocurrency accounts and low-fee lending that utilizes cryptocurrency as collateral....
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