San Francisco-based cryptocurrency lending firm Dharma Labs announced that it has launched its service to the public.
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.
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A decentralized crypto lending platform says it has unveiled new features designed to make it easier to access liquidity without sacrificing their portfolio.
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A crypto lender that offers consumers an instant credit line says it has processed more than $300 million in seven months, making a net profit of $3 million.
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by Helen Partz
Blockchain-based lending firm Dharma Labs raised $7 million from big investors including Coinbase Ventures.
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Cryptocurrency lending company Genesis Global Trading processed $1.114 billion in borrows and lends last year.
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by Helen Partz
Deutsche Börse, HQLAx have been actively working on their blockchain-based securities platform, announcing that six banks having launched integration.
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A decentralized secured loans network is enabling borrowers and lenders to set their own conditions and find a suitable match for their needs.
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by Helen Partz
Novogratz's Galaxy Digital is planning to launch a funding round for crypto lending in March, according to an unconfirmed report.
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Lenders in the cryptocurrency industry are reportedly faring better in the recent bear market than other types of business in the space.
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Genesis Global Trading says it has seen an “incredibly strong reception” from institutional clients
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Former Goldman Sachs Executive Priyanka Lilaramani has become a new CEO at Malta-based startup which enables short-term cash advances in fiat currencies, made a...
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by Selva Ozelli
EU Commission proposed to tax digital profits generated in member states, even if a company does not have a physical presence there
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