Sygnum, a leading digital asset banking platform, has partnered with Ledn, a prominent BTC-backed lending firm. The partnership takes into account a …
Loan
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Scams
Why Digital Currency Group Is Suing Its Own Subsidiary Over $1.1 Billion Loan
by shayaanby shayaanIn brief Digital Currency Group has sued its subsidiary Genesis, the now-shuttered crypto lender. The crypto giant claims that a $1.1 billion …
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Adoption
Coinbase facilitates DeFi funding via USDC amid $40.7B active loan record
by shayaanby shayaanCoinbase launched a second Stablecoin Bootstrap Fund to provide additional liquidity for the DeFi ecosystem via USDC. According to an Aug. 12 …
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Clearpool Prime loan originations near $225M, led by rising institutional demand. U.S. crypto laws boost DeFi lending confidence among verified institutional borrowers. …
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Regulation
Alleged Ponzi Fraudster Fleeces $140,000,000 From 300 Investors After Loan Business Collapse: SEC
by shayaanby shayaanThe U.S. Securities and Exchange Commission (SEC) says that a Georgia man allegedly defrauded 300 investors in a Ponzi scheme after his …
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Regulation
SEC charges Georgia’s First Liberty Building & Loan and owner in $140M Ponzi scheme
by shayaanby shayaanThe U.S. Securities and Exchange Commission (SEC) has filed civil charges and sought an emergency asset freeze against First Liberty Building & …
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Markets
Hut 8 Doubles Bitcoin-Backed Loan With Coinbase to $130M, Locks in Lower Rate
by shayaanby shayaanBitcoin mining firm Hut 8 (HUT) said on Tuesday that it expanded its bitcoin-backed credit facility with Coinbase Credit to $130 million, …
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Finance
TAO Alpha Secures £5M Loan for Bold Bitcoin Strategy and Crypto Expansion
by shayaanby shayaanIn a significant move signaling a strategic pivot towards the cutting edge of digital finance and technology, UK-listed TAO Alpha PLC has …
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Analysis
Citigroup Braces for Loan Losses, Sets Aside Hundreds of Millions of Dollars for Potential Downturn Amid Tough Macro Environment: Report
by shayaanby shayaanThe financial giant Citigroup Inc. is reportedly bracing for loan losses amid macroeconomic uncertainty. To deal with the potential losses, the investment …
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World Liberty Financial (WLFI), a DeFi venture linked to US President Donald Trump, has drawn a $7.5 million USDT loan through the …