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DeFi transforming lending routes on the blockchain
14.5.2022
Decentralized routes of lending and borrowing through smart contracts are allowing DeFi finally to overthrow the traditional finance sector
Luna Foundation Loans Out BTC to Defend Bitcoin Peg, Faces Community Backlash
9.5.2022
The Luna Foundation Guard (LFG), the entity tasked with holding bitcoin (BTC) as part of the reserves backing the TerraUSD (UST) stablecoin, has loaned out USD 750m worth of BTC to a trading firm “to help protect the UST peg.” Confronted with what this really means, Terra (LUNA) founder Do Kwon...
MicroStrategy may explore 'future yield generation opportunities' on 95,643 BTC holdings
3.5.2022
As of March 31, MicroStrategy held a total of 129,218 BTC, which the firm reported had a carrying value of roughly $2.9 billion
Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble
3.5.2022
A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is an “interesting strategy,” but stressed that during these market conditions...
Weiss Ratings issues warning over crypto mortgage risks
3.5.2022
Weiss analysts are wary over the usage of volatile crypto assets as collateral for long-term property loans
Global Investment Bank Goldman Sachs Offers Its First Bitcoin-Backed Loan
30.4.2022
Global investment bank Goldman Sachs has reportedly offered its first-ever loan backed by cryptocurrency. The cash loan was collateralized by bitcoin owned by the borrower. A spokesperson for Goldman Sachs explained that the deal is interesting to the investment bank due to its structure...
Goldman Sachs offers first Bitcoin-backed loan as Wall Street embraces crypto
29.4.2022
Goldman Sachs has offered its first Bitcoin-backed loan, showing further signs of increased interest in cryptocurrency from Wall St institutions
Propy partners with Abra to provide crypto-backed real estate loans
28.4.2022
Cryptocurrency investors now have more options for purchasing property without having to sell their digital assets outright
Home sweet hodl: How a Bitcoiner used BTC to buy his mom a house
28.4.2022
The story of the 28-year-old engineer who took a loan out against his Bitcoin to pay for his mom’s house
Web3 solutions aim to make America’s real estate market more accessible
26.4.2022
Web3 solutions may be the answer to America’s housing market, but will the mainstream want to use blockchain-based platforms?
Looking to take out a crypto loan? Here’s what you need to know
24.4.2022
Cryptocurrency-based loans have grown to be one of the most utilized decentralized finance (DeFi) that have emerged from the cryptoverse
Reputation DAO: Would you give up privacy for unsecured loans in DeFi?
15.4.2022
The platform intends on leveraging users’ personal financial information such as credit score and AML/KYC to help reduce the collateral needed to take out a DeFi loan
Report: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding
13.4.2022
Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of March, investigative journalists, Pam and Russ...
New crypto card by Nexo allows users to pay without selling Bitcoin
13.4.2022
Nexo has officially launched its cryptocurrency credit card in collaboration with Mastercard after announcing the project back in 2019
Frax Stablecoin Backing to Feature Layer 1 Tokens, Real-World Loans
8.4.2022
Using real-world assets will allow Frax’s products to operate as intended even in a bear market
Michael Saylor: Financial markets are ‘not quite ready’ for Bitcoin bonds
1.4.2022
“Not quite ready” — MicroStrategy CEO Michael Saylor said that traditional financial markets aren’t prepared for bonds backed by Bitcoin
MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan
29.3.2022
The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy's current 125,051 BTC holdings worth roughly $6 billion
Lunar Labs Co-Founder Luke Youngblood Talks Moonwell Artemis and Over-Collateralized Loans
24.3.2022
Moonwell is an open lending and borrowing DeFi protocol on Moonbeam and Moonriver. Moonwell’s composable design can accommodate a full range of DeFi applications in the greater Polkadot and Kusama (DotSama) ecosystem. Luke Youngblood is the co-founder of Lunar Labs, which is developing...
RUNE Extends Rally After Interest-Free Loans, Synths Unveiled
15.3.2022
The price of RUNE, the native token of the THORChain decentralized finance (DeFi) ecosystem, has risen strongly for the past week after a slew of new features was unveiled, including synthetic assets and loans with no interest....
Read More: RUNE Extends Rally After Interest-Free Loans, Synths...
Santander to Offer Loans Backed by Agricultural Commodity Tokens
10.3.2022
Santander is developing the possibility of offering loans backed by tokens that are collateralized in agricultural products. The bank has partnered with Agrotoken, a company that launched a series of agricultural commodity tokens already being used in agriculture-related markets to make...