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.
News
Creditcoin founder Tae Oh said the partnership brings them closer to their goal of giving the unbanked a fairer shot.
Lending network enables transparent credit history in Africa via blockchain partnership
Ezra Reguerra
2022-06-29T15:00:00+01:00
1122
News
The order reportedly came on the same date that Voyager Digital issued a notice of default to 3AC for its failure to pay its 15,250 Bitcoin and 350 million USDC...
British Virgin Islands court reportedly orders to liquidate 3AC
Helen Partz
2022-06-29T13:03:07+01:00
4693
News
Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state.
Surprise twist as BlockFi receives Money Services License in Iowa
Jesse Coghlan
2022-06-29T03:54:06+01:00
3593
Newsletter
The Celsius failure continues to draw regulator’s and the community’s attention to lending issues.
Not the best week for crypto lending: Law Decoded, June 20–27
David Attlee
2022-06-28T11:20:57+01:00
945
News
Celsius CEO Alex Mashinsky didn't try to leave the U.S. last week but has continued to work on recovering liquidity and operations, the company claimed.
Celsius denies allegations of Alex Mashinsky trying to flee US
Helen Partz
2022-06-28T09:41:12+01:00
12782
News
The crypto lender issued a no-liquidation account to an unnamed whale on the condition that the account would never go negative, but that plan has backfired.
CoinFLEX recovery plan includes tokenized bad debt and more yields
Brian Newar
2022-06-28T06:26:36+01:00
1808
News
Some Twitter users have called it “insulting” that Celsius continues to pay weekly rewards despite still pausing withdrawals.
Crypto community confused as Celsius continues with weekly rewards
Brian Quarmby
2022-06-28T06:11:39+01:00
14274
News
A pseudonymous Twitter account making a series of accusations against Nexo has caused the crypto lender to issue a cease and desist notice.
‘Smear campaign’: Nexo responds to accusations of stealing donations, siphoning funds from charity
Jesse Coghlan
2022-06-27T08:45:32+01:00
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