Search
Robert Kiyosaki Warns More Banks Are About to Fail
18.6.2023
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has warned that more banks are about to fail. “Regional banks and mortgage companies are falling,” he cautioned, urging investors to think for themselves and not rely on the guidance of President Joe Biden, Federal Reserve Chairman...
Getting a home loan using crypto collateral: Insane or just risky?
25.5.2023
You can use crypto as collateral to get a home loan — but as one Bitcoin OG found out, it’s super risky and you can lose the lot
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%
3.11.2022
On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 basis points (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority of the Monetary Policy Committee (MPC) members voted...
Crypto Lending Platform Moon Mortgage Raises $3.5M Seed Round
11.10.2022
The platform will allow investors to use their crypto as collateral for financing real estate investments
EUR Drops Below USD for the Second Time in 20 Years, Greenback’s Strength Leads to Largest Weekly Rise Since March 2020
22.8.2022
The U.S. dollar has been very strong compared to a myriad of fiat currencies worldwide and this week, the euro dropped below the USD for the second time in 20 years after meeting parity with the dollar in mid-July. The dollar’s recent brawniness has resulted in the largest weekly rise since...
Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property
29.6.2022
"Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report
Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis
8.6.2022
Nobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime mortgage crisis. Noting that crypto lacks any real value, he said: “it is a house built not on sand, but on nothing at all.” Paul Krugman on Crypto...
Acquiring a Home With Bitcoin — A Deep Dive Into the Latest Crypto-Backed Mortgage Trend
24.5.2022
During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to retirement account...
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
Ledn Taps Hoseki for Bitcoin Proof-of-Asset Service Ahead of Mortgage Launch
2.5.2022
Hoseki aims to provide a framework for bitcoin holders looking to leverage their BTC
Uncollateralized DeFi mortgage taken out on Austin condo via Teller
27.4.2022
An Austin resident is a proud homeowner after securing a loan denominated in USDC stablecoin over the Polygon network by using their credit score
Figure Technologies Announces Two Crypto-Backed Mortgage Products
23.3.2022
Blockchain lending startup Figure Technologies is to roll out mortgages fully backed by crypto of up to $20 million
As Virtual Real Estate Gets Pricey Terrazero Technologies Provides Metaverse Mortgages
19.2.2022
While the metaverse has become very popular, virtual land sales have seen significant demand in recent times. Virtual real estate has become expensive, in comparison to the prices 12 months ago, and virtual parcels stemming from a couple of blockchain metaverse projects have sold for seven figures....
Nobel Laureate Paul Krugman Likens Crypto Market to Subprime Mortgage Crash — Warns Regulators Are Making the Same Mistake
30.1.2022
Nobel Prize-winning economist Paul Krugman sees parallels between the crypto market and the subprime mortgage crash. “There’s growing evidence that the risks of crypto are falling disproportionately on people who don’t know what they are getting into and are poorly positioned...
Fintech startup Milo is offering 30-year 'crypto-mortgages'
19.1.2022
Consumers will be able to leverage their BTC holdings and digital assets to purchase real estate in the U.S
Intel's Bitcoin Mining Surprise, Crypto Mortgage, BNB Burn + More News
18.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Intel's Bitcoin Mining Surprise, Crypto Mortgage, BNB Burn + More News
Lending Platform Ledn Launching Bitcoin-Backed Mortgage Product, Raises $70 Million
17.12.2021
Global digital asset savings and credit platform Ledn has announced the upcoming launch of a bitcoin-backed mortgage product, calling it “the first product of its kind to hit the market.” The company has also raised $70 million, which brings its valuation to $540 million....
Second largest US mortgage lender UWM dumps Bitcoin payment plans
15.10.2021
United Wholesale Mortgage previously announced plans to test Bitcoin and Ether for mortgage payments in August
Bank of England’s Deputy Governor Says Crypto Collapse Plausible, Regulators Need to Urgently Establish Rules
14.10.2021
Bank of England Deputy Governor Jon Cunliffe says that a collapse in the cryptocurrency market is certainly “plausible,” stating that regulators worldwide need to pursue crypto rules “as a matter of urgency.” While cryptocurrencies do not currently pose a threat to...