Decentralized credit and loans: better for borrowers and better for the economy.
Loans News
Loans are certain amounts of money given by an individual, organization or government to the another entity. The recipient is usually obliged to return the loan with additional interest. Loans are one of the driving forces of current economies and a crucial part of the financial sector. Loans can take various forms and may include loans in goods, fiat money loans, cryptocurrency loans, etc. The practice of crypto loans is new and has its flaws, mostly connected to the high volatility and technical difficulties inherent to cryptocurrency. However, Bitcoin (BTC) loans are already available in several BTC loan sites, some of which provide a rather quick Bitcoin loans procedure. Cryptocurrency loans may become the new standard for receiving loans — due to the high speed of transaction, the trusted distributed ledger and inclusion of information technologies.
- Analysis
- News
by Thomas Simms
Following a successful pilot transaction on the new blockchain platform finledger, there are plans to roll out the tech to the entire industry.
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A crypto platform is unveiling features that enable users to borrow against their assets to unlock spending power.
- News
by Aaron Wood
Bitfinex’s motion to modify an injunction by the New York Attorney General has been approved by the state’s supreme court.
- News
by Helen Partz
Founded by the former SoFi CEO, Figure completed a $1 billion “uncommitted” financing facility via blockchain with Jefferies and WSFS.
- News
by Thomas Simms
The crypto lender says bitcoin has continued to represent the lion’s share of its loan portfolio, but demand for ethereum has halved.
- News
Crypto wealth management and lending company BlockFi now has over $53 million in client crypto assets under management.
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San Francisco-based cryptocurrency lending firm Dharma Labs announced that it has launched its service to the public.
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A crypto lending platform is expanding its offering to wallets and crypto-fiat conversions, and says suggestions from its community are driving its new features...
- News
Crypto lending company BlockFi has lowered the interest rates for their biggest cryptocurrency deposit accounts.
- News
by Helen Partz
Startup Finturi has secured $2.2 million to let businesses secure loans against invoices with blockchain and AI.
- News
BlockFi has launched new cryptocurrency accounts bearing 6 percent annual interest paid monthly in crypto.
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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.
- News
by Aaron Wood
Fintech startup Figure, which was founded by SoFi founder Mike Cagney, has reportedly raised $65 million from major venture capital funds.
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