BlockFi to Sell $160 Million Worth of Loans Backed by 68,000 Mining Rigs

BlockFi plans to sell $160 million in loans backed by approximately 68,000 Bitcoin mining machines.

Continue reading BlockFi to Sell $160 Million Worth of Loans Backed by 68,000 Mining Rigs at DailyCoin.com.

View Details

Crypto Lender Nexo Raided by Authorities in Bulgaria

Authorities in Bulgaria are probing crypto lender Nexo on the accusation of laundering money

View Details

Binance.US Gets Green Signal to Acquire Voyager From US Court

Judge Michael Wiles, however, ruled that Voyager must seek approval from its creditors to proceed with the Binance.US deal.

Continue reading Binance.US Gets Green Signal to Acquire Voyager From US Court at DailyCoin.com.

View Details

California Regulator Issues Refrain Order to Crypto Platform MyConstant, Citing Violation of Financial Laws

According to the California regulator, the protocol’s peer-to-peer lending service and interest-bearing accounts violate state law.

Continue reading California Regulator Issues Refrain Order to Crypto Platform MyConstant, Citing Violation of Financial Laws at DailyCoin.com.

View Details

Crypto Lending Firm Nexo will Cease Operations in the United States Over the Coming Months

In its complaint, Nexo claimed that US regulators have not provided clearer path forward to foster blockchain businesses in country.

Continue reading Crypto Lending Firm Nexo will Cease Operations in the United States Over the Coming Months at DailyCoin.com.

View Details

Crypto Lender BlockFi Halts Withdrawals, Citing Uncertainty Around FTX

Firm said its priority is to “protect its clients and their interests” and warned users not to deposit to platform.

Continue reading Crypto Lender BlockFi Halts Withdrawals, Citing Uncertainty Around FTX at DailyCoin.com.

View Details

Moon Mortgage lands $3.5M investment to provide crypto-collateralized mortgages

Investors and prospective home buyers will soon be able to take out crypto-backed mortgages to buy real estate in the United States Moon Mortgage, a cryptocurrency lending platform, has raised a $3.5 million seed round to bring two key products to market, including an innovative mortgage lending product aimed at crypto holders.

The post Moon Mortgage lands $3.5M investment to provide crypto-collateralized mortgages appeared first on CryptoSlate.

View Details

Crypto Investment Firm Blockwater Defaults on $3.4M Loan from TrueFi

The lending protocol said that despite efforts to restructure the loan, Blockwater failed to make a scheduled payment on time.

Continue reading Crypto Investment Firm Blockwater Defaults on $3.4M Loan from TrueFi at DailyCoin.com.

View Details

Celsius Network Shares Details of Its Creditor as it Raises Cyber Threat Concerns

Bankrupt cryptocurrency company Celsius Network has disclosed the information of its creditors in a filing recently provided in court, including names, addresses, amount owed, and email addresses amongst others (Read More)

View Details

Canadian Crypto Lending Firm Ledn To Acquire Digital Asset Manager Arxnovum

The deal will allow the lender to offer digital asset investment products to its accredited client base worldwide.

Continue reading Canadian Crypto Lending Firm Ledn To Acquire Digital Asset Manager Arxnovum at DailyCoin.com.

View Details

Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer

Celsius Network Ltd., a troubled and bankrupt crypto lender, has disclosed the auction dates for its assets. (Read More)

View Details

Nexo ‘surprised’ by state regulators' actions, says co-founder

Kalin Metodiev emphasized that Nexo has been navigating through conversations with regulators for the past couple of years to ensure compliance, and was surprised that this news was “thrown out there in public.”

View Details

Thailand’s SEC Bans Crypto Lending Services

Referred to liquidity problems of well-known crypto lending service providers.

Continue reading Thailand’s SEC Bans Crypto Lending Services at DailyCoin.com.

View Details

Nexo commits additional $50M to buyback initiative

Nexo’s native token NEXO jumped more than 8% as the company announced an additional…

The post Nexo commits additional $50M to buyback initiative appeared first on CoinJournal.

View Details

Top 5 Lending & Borrowing Tokens Below $70M Market Capitalization

Instead of just keeping all your crypto assets idle, you can use other ways to grow them. This is called crypto lending. It works just like traditional lending, but now with interest. Simply, it involves lending your cryptocurrency and receiving regular interest returns over time. Crypto Lending is a popular niche among traders and investors […]

The post Top 5 Lending & Borrowing Tokens Below $70M Market Capitalization appeared first on NullTX.

View Details

Brazilian Crypto Lender BlueBenx Halts Withdrawals after Suffering Hack of $32M

Brazilian crypto lending platform BlueBenx is under scrutiny after it halted its users' withdrawals due to a hacking of $32 million. (Read More)

View Details

Celsius Network is bankrupt, so why is CEL price up 4,000% in two months?

Takeover rumors and an ongoing short squeeze help CEL price rally but is there enough momentum for more upside?

View Details

Celsius Stops Withdrawals & Transfers Amidst Looming Liquidity Crisis

Crypto lender Celsius has announced putting on hold withdrawals, swaps, and transfers between accounts. In the blog published, the platform cited extreme market conditions as the reason behind the move. “We are taking this necessary action for the benefit of our entire community in order to stabilize liquidity and operations while we take steps to […]

View Details

BlockFi vs Celsius: Crypto Lending Platforms Compared – Which Is Better?

BlockFi and Celsius are both crypto lending platforms and in this article we have compared them neck to neck. At the beginning of 2022, time and again we saw Blockfi on the news. Sometimes it is for their new launches and sometimes because they are flagged by the authorities. Celsius too is not far behind […]

View Details

Celsius Appoints Rod Bolger As CFO Amid Regulatory Scrutiny

Crypto savings and lender Celsius has announced the successor to their ousted CFO, amid uncertainty over American crypto regulation. And he also worked for BOFA and CITI bank as a CFO. 20+ yrs in biggest banks in the world as a top guy now moving in to Celsius means it definitely something. — Berman (@CELindian) […]

The post Celsius Appoints Rod Bolger As CFO Amid Regulatory Scrutiny appeared first on CryptosRus.

View Details