Sid Powell, CEO and co-founder of Maple, is bringing an inspired Wall Street lending model to the crypto sphere, using Bitcoin as …
loans
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Gibraltar-based private bank Xapo said Tuesday it is now accepting members’ Bitcoin as collateral for loans. The new service allows customers to …
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Galaxy and Ripple contributed $160 million in loans to MoonPay. The blockchain companies intervened when MoonPay could not access its funds. The …
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Finance
Real Estate Firm Propy Is Rolling Out Crypto-Backed Loans to Buy Houses
by shayaanby shayaanWhat if you could put up your bitcoin (BTC) or ether (ETH) as collateral to buy a house? That’s essentially the idea …
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Coinbase has introduced Bitcoin-backed loans, allowing users to borrow USDC stablecoin without selling their Bitcoin holdings. The service, powered by the open-source …
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Analysis
Top US-Based Crypto Exchange Coinbase Announces Bitcoin (BTC)-Backed USDC Loans
by shayaanby shayaanThe top crypto exchange by trading volume in the United States is launching a new Bitcoin (BTC)-backed loan program for US clients. …
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Mining
MARA Holdings Loans 7,377 BTC to Third Parties Amid Bold Yield Strategy
by shayaanby shayaanAccording to an operations and production update from MARA Holdings, a publicly traded bitcoin mining company, the firm has extended 7,377 BTC …
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Web3
Pillar Finance Revolutionizes DeFi Lending with Advanced Solutions for Collateral and Non-Collateral Loans
by shayaanby shayaanLondon, England , Jan. 01, 2025 (GLOBE NEWSWIRE) — The decentralized finance (DeFi) space has introduced significant changes to the financial ecosystem, …
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Finance
$89,670,000,000 in Increasingly Risky Loans Flagged at JPMorgan Chase, Wells Fargo and Bank of America: Report
by shayaanby shayaanAmerica’s biggest banks are reporting a rapid increase in the number of substandard, doubtful and potentially loss-making loans on their balance sheets, …
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Adoption
Institutions using Bitcoin to support pension funds, adding BTC to loans
by shayaanby shayaanNewmarket Capital has completed a loan that combines traditional real estate financing with Bitcoin collateral, introducing a novel approach to lending reported …