Crypto lending is fast becoming an important sector in the crypto market, hence the need to review the top crypto lending platforms. The proliferation of crypto lending platforms is the latest crypto solution bridging the gap with the traditional financial industry. These platforms offer institutional and retail investors the opportunity to access banking services previously…
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California-based fintech company Figure Technologies has completed its $103 million funding round led by Morgan Creek Digital. California-based fintech company Figure Technologies has completed its $103 million funding round led by cryptocurrency asset manager Morgan Creek Digital. In conjunction with closing the Series C round, the blockchain-focused firm announced that Morgan Creek co-founder Anthony Pompliano…
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Cryptocurrency platform Celsius Network announced that it reached $4.25 billion in total crypto loan origination. Cryptocurrency platform Celsius Network announced that it reached $4.25 billion in total crypto loan origination as of Nov. 12 in a press release shared with Cointelegraph. Celsius reached $4.25 billion of cryptocurrency loans since the start of its activity in…
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U.K.-based cryptocurrency data and wallet provider Blockchain.com is reportedly on track to lend out more than $120 million in November. United Kingdom-based cryptocurrency data and wallet provider Blockchain.com is reportedly on track to lend out more than $120 million this month. On Nov. 14, the Block reported that Blockchain.com has been quietly building its loan…
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International banking regulator the Basel Committee is working to establish how much capital lenders should hold to cover the risks generated by crypto exposure. Global banking regulator the Basel Committee on Banking Supervision (BCBS) is working to establish how much capital lenders should hold to cover the risks generated by dealing with cryptocurrencies. Business Reporter…
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Institutional digital asset lending firm Genesis Capital added a staggering $870 million in new originations during Q3 2019. The institutional digital asset lending firm Genesis Capital released its Q3 report, which shows a growing demand for cash and stablecoin lending. On Oct. 30, Genesis Capital, a spin-off of over-the-counter cryptocurrency broker Genesis Global Trading, reported…
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Cryptocurrency exchange Binance announces the eighth phase of its lending product. Cryptocurrency exchange Binance has announced the launch of the eighth phase of its lending product on Oct. 7. In this phase, Binance will start offering 14-day fixed-term lending products. The subscribers will be accepted on a first-come, first-served basis. The subscription period begins on…
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Blockchain startup Spring Labs was selected to develop a national property lien registry for four financing providers in the United States. Blockchain company Spring Labs will be developing a national property lien registry for four financing providers in the United States. Combat fraud and enhance identity validation In an Oct. 1 press release, Spring Labs…
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