Loans Financial News
28.09 / 14:07
Blockchain
Ethereum
lending
Loans
Bitcoin
Bitcoin lender Ledn to roll out ETH, USDT interest accounts
Despite its roots embedded in Bitcoin (BTC) lending, lending platform Ledn has announced the launch of an Ethereum (ETH) yield offering following user requests for a shielded alternative to manually staking Ether.
28.09 / 17:03
Blockchain
Ethereum
Tokens
proof-of-work
Proof-of-stake
Loans
network
Multichain
Real-world asset-focused network hits key milestone in journey to multichain future
Creditcoin, a pioneering platform for real-world asset innovations that enables unbanked consumers to build a credit history on Web3, has announced the launch of the latest upgrade of its mainnet. This new release upgrades the RWA-focused blockchain consensus to nominated proof-of-stake (NPoS) and aims to improve on-chain liquidity for both borrowers and fintech lenders, emphasizing the principles of auditability, transparency and trust.
06.09 / 10:53
regulation
coinbase
lending
Loans
Bitcoin
Coinbase launches crypto lending platform for US institutions
Cryptocurrency exchange Coinbase has rolled out a crypto lending service for institutional investors in the United States, reportedly aiming to capitalize on massive failures in the crypto lending market.
05.09 / 12:01
23.08 / 13:57
defi
hacks
Cybersecurity
Cybercrime
Loans
vulnerability
Quantstamp introduces tool to detect protocols’ flash loan attack vulnerability
Blockchain security provider Quantstamp has launched an automated service to detect flash loan attack vectors in smart contracts. The new service is being called Economic Exploit Analysis and is based on research done at the University of Toronto.
23.08 / 02:17
business
Adoption
regulation
Investments
lending
Loans
Bankruptcy
BlockFi argues FTX, Three Arrows Capital isn't entitled to repayments
Bankrupt cryptocurrency lender BlockFi is trying to block attempts by the similarly bankrupt FTX and Three Arrows Capital (3AC) that aim to retrieve hundreds of millions of dollars to pay back their creditors.
15.08 / 14:39
M&A
UK
Loans
bonds
ESG
Alternatives
Global
Green bonds hit record fundraise while lending and M&A sink
The figure marks an 18% increase on the same period last year, although issuance by number dropped 10% to 484 green bonds brought to market.
04.08 / 21:17
Ethereum
defi
Hackers
hacks
lending
Loans
Curve Finance
CRV exposure risk throws a curveball at the DeFi ecosystem: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.
02.08 / 05:39
defi
Loans
Curve Finance
Rescue
Curve founder looks to unexpected counterparties to rescue sinking DeFi loans
Curve Finance founder Michael Egorov is attempting to offload some of his DeFi positions to alleviate his mountain of debt, but some have highlighted his liquidity sources.
01.08 / 20:37
markets
Ethereum
DEX
Altcoin
Decentralized Exchange
Loans
Threat
Curve liquidation risk poses systemic threat to DeFi even as founder scurries to repay loans
On July 30, Curve Finance, a decentralized exchange on Ethereum, suffered a hack due to a vulnerability in certain pools built using the Vyper programming language.
12.07 / 19:05
Ethereum
NFT
Gaming
Loans
Blockchain Game
Bored Ape floor price falls below 30 ETH: Nifty Newsletter, July 5–11
In this week’s newsletter, read about Ethereum nonfungible token (NFT) royalties hitting their lowest point in two years. Check out Bitcoin Ordinals trading volume, which hit $210 million in the second quarter of 2023, and how a decentralized finance (DeFi) borrower used an NFT representing a physical luxury watch to take out a loan. In other news, find out why Animoca Brands co-founder Yat Siu is still bullish on blockchain games, and don’t forget this week’s Nifty News, featuring a Sega executive’s opinion on play-to-earn gaming.
11.07 / 11:59
01.07 / 05:25
Reddit
HODL
Loans
Bitcoin
Redditor up 25% after boldly taking out $59K worth of personal loans to buy BTC
A Redditor and member of the r/CryptoCurrency community is claiming to be up 25% or $19,500, after taking out three personal loans worth a combined $59,000 to buy Bitcoin (BTC) over the past 18 months.
16.06 / 02:10
markets
defi
Altcoin
fees
Loans
Threat
Low
Curve’s (CRV) price hits a 1-year low amid looming liquidation threat
The Curve decentralized autonomous organization’s (DAO’s) governance token CRV dropped 12% on June 15 after reports surfaced of risky loans taken by its founder, Michael Egorov, on Aave. The token recorded its lowest trading level against Ether (ETH) at 0.00035010 ETH on June 15.
10.05 / 21:47
business
Court
Digital Currency Group
Loans
Bankruptcy
settlement
DCG settlement with Genesis still undecided as 30-day mediation period proceeds
Digital Currency Group (DCG), the parent company of crypto firm Genesis Capital, has reported no solution to its “outstanding intercompany obligations” that could help reimburse creditors.
04.05 / 04:49
business
coinbase
exchanges
Financial Services
Loans
Backed
Coinbase to cease issuing new Bitcoin-backed loans via Borrow service
Crypto exchange Coinbase is stopping the issuance of new loans through its Borrow service — a product that allows certain United States customers to post crypto as collateral to receive a cash loan.
02.05 / 10:59
business
defi
Investments
lending
Loans
services
ByBit joins crypto exchanges offering crypto lending services
Cryptocurrency exchange ByBit is the latest major platform to roll out an in-house cryptocurrency lending service for users.
29.03 / 02:15
regulation
economy
Loans
Signature Bank
Signature’s crypto clients told to close their accounts by April 5: Report
Signature Bank’s cryptocurrency clients have been reportedly given until April 5 to take their funds out and find another bank, or have their accounts closed by the federal regulator.
25.03 / 11:37
Ethereum
Art
NFT
Investments
Crypto Collectibles
Burn
Loans
NFT investor accidentally burns $135K CryptoPunk trying to borrow money
A nonfungible token (NFT) from the CryptoPunks collection worth 77 Ether (ETH) was sent to a burn address to be permanently destroyed. However, the collector intended to borrow some money against it to buy another NFT.
20.03 / 11:01
business
Payments
regulation
Banks
Loans
Australian
Australian Banking Association’s cost of living inquiry reveals bank pressure
The trade association for the Australian banking industry — Australian Banking Association (ABA) — launched a cost of living inquiry to closely study the impact of the COVID-19 pandemic, global supply chain constraints and geopolitical tensions, among others, on Australians.
16.03 / 10:31
Blockchain
Ethereum
defi
Hackers
hacks
data
Loans
Euler hacker seemingly taking their chances, sends funds to crypto mixer
The hacker responsible for the $196 million attack on Euler Finance has begun moving funds into crypto mixer Tornado Cash, only hours after a $1 million bounty was launched to uncover the hacker’s identity.
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