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Changes in Crypto Lending, Investors Bet on Crypto Tax Services, NASA vs. NFTs + More News
27.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Changes in Crypto Lending, Investors Bet on Crypto Tax Services, NASA vs. NFTs + More News
SEC reportedly probing crypto lending products by Gemini and Celsius
27.1.2022
The SEC’s main concern reportedly lies with the high-yield offering by crypto lending services which are often considerably higher than most saving banks
Crypto lending firm Celsius reportedly affected in BadgerDAO exploit
3.12.2021
The BadgerDAO attack has reportedly impacted Celsius Network for more than $50 million, sources suggest
Celsius expands funding round to $750M, tips $7B to $10B valuation in 2022
25.11.2021
Celsius CEO Alex Mashinsky said that the oversubscribed $750 million funding round was a “very good indication” of the strength of the company's lending and yielding brand
Crypto lending firms on the hot seat: New regulations are coming?
29.10.2021
The sheer amount of money invested in the crypto space is causing regulatory dialog to occur at a frenetic pace as regulators struggle to keep pace
“How Crypto Lending & Credit Aim to Kill Banks,” Industry Heavyweights to Discuss at LA Blockchain Summit
22.10.2021
Yahoo Finance’s Zack Guzman to dive deep into this hot topic with Aave, Celsius, ABRA, PrimeDAO, and Tezos Finance. LOS ANGELES, CA, October 20, 2021 – Draper Goren Holm, early-stage blockchain venture capital fund and producers of the world’s largest blockchain and cryptocurrency...
Mashinsky says USDT is minted for crypto as $1M bounty offered to unpick reserves
20.10.2021
Hindenburg Research is offering a $1 million bounty for information on Tether’s reserves, with the firm stating that Tether is yet to disclose virtually anything “about its counterparties.”
Celsius responds to NYAG crackdown on crypto lending platforms
19.10.2021
“If any regulatory or technical changes are required in a specific jurisdiction, Celsius will provide clear and timely communication as needed,” said the firm
NY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut Down
19.10.2021
New York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to the companies published on the attorney general’s website indicate that the...
Crypto lending firm Celsius Network raises $400M
12.10.2021
“It’s not $400 million. It’s the credibility that comes with the people who wrote those cheques,” Celsius CEO said
Kentucky Sends Cease and Desist Order to Crypto Lending Platform Celsius Over Interest-Bearing Accounts
24.9.2021
Six days ago, the securities regulators from New Jersey and Texas cracked down on the cryptocurrency lending platform Celsius. Additionally, the Alabama Securities Commission joined in and filed a cease and desist order against Celsius. Now the state of Kentucky is following suit and has filed...
SEC was the only regulator not willing to meet with Coinbase: Brian Armstrong:
24.9.2021
Coinbase CEO Brian Armstrong has stated that SEC won’t meet with the firm, while asserting the 50% of Washington officials are concerned over the risks of crypto
Following SEC notice, Coinbase abandons plan for crypto lending program
20.9.2021
The exchange hinted at difficulties in regulatory clarity across the crypto industry in its decision to not bring its Lend product to the market
Coinbase applies to trade crypto futures
16.9.2021
If Coinbase gets approval from the National Futures Association, it will then need to register with the Commodity Futures Trading Commission to get the green light
SEC threatens to sue Coinbase over crypto yield program it considers a security
8.9.2021
"They refuse to tell us why they think it's a security, and instead subpoena a bunch of records from us,” said Brian Armstrong after he revealed that the SEC threatened to sue Coinbase
Coinbase vs. ‘Sketchy’ SEC Case Reminds of Crypto Regulation Challenges
8.9.2021
on ice until October at the earliest.The company says that that SEC wants to “sue” it over concerns related to its Lend crypto lending features, claiming that the offering, which is to involve the dollar-pegged
SEC Allegedly Probes Operators Behind World’s Largest Decentralized Exchange, Uniswap: Report
3.9.2021
According to a recent report, the U.S. Securities and Exchange Commission (SEC) has allegedly started probing the startup that operates the decentralized exchange (dex) Uniswap. The dex platform Uniswap is the largest dex in terms of trade volume with over $10 billion in crypto tokens swapped...
BlockFi faces regulatory heat, a sign of possible crypto lending regulations?
1.8.2021
The crypto lending giant BlockFi is facing regulatory scrutiny from a handful of states in America ahead of a proposed public listing
Celsius users to receive yield from its $200M Bitcoin mining investment
1.7.2021
“There’s nothing better than building a factory that makes Bitcoin,” said Celsius CEO, Alex Mashinsky
Sequoia-Backed Onchain Custodian To Set Up New Crypto Lending Business
12.5.2021
Source: Adobe/Андрей Яланский
The Singapore-headquartered digital asset custody provider Onchain Custodian (ONC) is about to strengthen their positions in crypto lending and borrowing business, according to ONC Co-Founder and Chief Operating Officer (COO), El Lee.
There is a novel company in...