News
The latest findings could brew more trouble for the crypto lender for allegedly misleading and offering incorrect details in the court documents.
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Lending News
Lending is a type of financial relationships between two parties: the lender and the borrower. The lender provides a loan of money or some other item for temporary use while borrower uses the provided loan under the conditions that guarantee its refund. Usually, lending is a services provided by financial establishments, although there is also peer-to-peer — i.e., person-to-person — lending that means that individuals do not use any kind of intermediary. This kind of p2p lending removes the middleman from the process. However, it takes more time and carries more risk. Lately, there has also appeared the possibility of online lending, including Bitcoin lending platforms. As cryptocurrency has grown in terms of price and popularity, Bitcoin lending sites provide more and more services for lending Bitcoin and other cryptocurrency.
- Altcoin Watch
Takeover rumors and an ongoing short squeeze help CEL price rally but is there enough momentum for more upside?
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The lawsuit alleged Mark Cuban misrepresented the crypto offerings and services by Voyager and leveraged his years of experience to lure inexperienced customers into investing their life savings.
4521 - News
The Department of Financial Protection and Innovation previously ordered BlockFi and Voyager to stop their offerings in the state.
2029 - News
Financial documents of Voyager revealed that they lent nearly $1.6 billion in crypto loans to an entity registered in the British Virgin Islands, the same place Alameda is registered.
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Hodlnaut avoided 3AC exposure and earlier denied ever buying UST, but several reports and on-chain data have shown that the lending firm at one point owned over $150M worth of UST.
2348 - News
The lending firm said clients with U.S. dollars in their accounts could withdraw up to $100,000 in a 24-hour period, with the funds received in 5–10 business days.
3188 - News
The crypto lender will be allowed to return a portion of customer funds locked up at the Metropolitan Commercial Bank which have been frozen until now.
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Aave’s stablecoin approval drew wild reactions from the crypto community, with many comparing its fate to TerraUSD while defenders pointed out its overcollateralization.
2058 - News
A crypto-friendly legislator believes the SEC's regulation-by-enforcement approach to be ineffective.
3218 - Interview
The Australian fintech company has seen a surge in investors wanting a “less risky version” of double-digit crypto returns.
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The buyout proposal from Alameda and FTX seems to have upset Voyager’s lawyers, who do not see the offer as a serious one that would benefit its users.
8656 - Newsletter
The majority of the top 100 DeFi tokens traded in green, with many registering double-digit gains over the past week.
2962 - News
Su Zhu revealed the 3AC team had close ties to Terra co-founder Do Kwon, which made them overlook several red flags with the project that eventually led to a multi-million dollar loss for the hedge fund.
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Crypto lender BlockFi outlined the total amount of loans and net risk exposure it carried at the end of Q2 2022 and shared how it is managing liquidity and credit risk.
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