Users across several blockchains can now take non-custodial, crypto-backed loans in just days, the two firms claim. DeFi is racing to close …
loans
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DeFi lending has hit several new milestones in June. While most of the market’s attention is on institutional investors accumulating Bitcoin, capital …
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Regulation
Feds Charge Atlanta Man for Allegedly Applying for Over $3,390,000 in Fraudulent Small Business Loans During COVID
by shayaanby shayaanUS authorities arrested an Atlanta man this week on charges related to his alleged connection to a COVID-19 relief loan application fraud …
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DeFi
Maple CEO brings Wall Street-style institutional lending on-chain with Bitcoin-backed loans
by shayaanby shayaanSid Powell, CEO and co-founder of Maple, is bringing an inspired Wall Street lending model to the crypto sphere, using Bitcoin as …
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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 …