Tag: BitcoinBacked
Aussie fintech prays for crypto clarity as it launches Bitcoin-backed loans
Australian fintech firm Block Earner is charging ahead with plans to launch a crypto-backed loans product, despite staring down an upcoming court date [...]
Bitcoin-backed property investment becomes new avenue for Cayman Islands residency
The Cayman Islands has long been an idyllic beach getaway for tourists, but the archipelago could soon welcome Bitcoin (BTC) holders as new residents [...]
Pump the BRCs: The Promise and Peril of Bitcoin-backed Tokens
A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless”?
www.coindesk.com [...]
Coinbase to cease issuing new Bitcoin-backed loans via Borrow service
Crypto exchange Coinbase is stopping the issuance of new loans through its Borrow service — a product that allows certain United States customers to p [...]
Arthur Hayes Proposes Bitcoin-Backed NakaDollar, Which Would Rely on Exchanges to Maintain Dollar Peg
“We, the crypto faithful, have the tools and the organisations needed to support $1 trillion or more worth of NakaUSD outstanding,” Hayes wrote Thursd [...]
El Salvador passes landmark crypto bill, paving way for Bitcoin-backed bonds
El Salvador has passed landmark legislation providing the legal framework for a Bitcoin-backed bond — known as the “Volcano Bond” — which will be used [...]
There’s a New Platform for Bitcoin-Backed Borrowing and It’s Courting Banks to Lend
There’s a New Platform for Bitcoin-Backed Borrowing and It’s Courting Banks to Lend
www.coindesk.com [...]
Banking Platform Galoy Raises $4M for Bitcoin-Backed Synthetic Dollar
“Bitcoin has brought digital transactions to previously unbanked communities across Latin America, Africa and beyond,” said Galoy CEO Nicolas Burtey i [...]
Coinbase took out the first Bitcoin-backed loan from Goldman Sachs
America’s largest crypto exchange Coinbase has been revealed as the mystery firm that took out Wall Street’s first Bitcoin-backed loan from Goldman Sa [...]
Goldman Sachs offers first Bitcoin-backed loan as Wall Street embraces crypto
Goldman Sachs has offered its first Bitcoin-backed loan, in a major step forward for institutional cryptocurrency adoption on Wall St. A spokeswoman f [...]
Goldman Sachs Makes Its First Bitcoin-Backed Loan: Report
The global investment bank allowed a borrower to use the cryptocurrency as collateral for a cash loan.
www.coindesk.com [...]
El Salvador To Begin Offering Bitcoin-Backed Loans for Businesses
While there are many Bitcoin maximalists and enthusiasts, they all fall short of one particular person who has done the most to make the most of the k [...]
Crypto Lender Ledn Raises $70M in Series B Round, Readies Bitcoin-Backed Mortgage Product
Since the third quarter of 2020, Ledn has grown its assets by over 4,000%, exceeding $1.7 billion, according to the statement. The company has clie [...]
Goldman Looking Into Bitcoin-Backed Lending as Jobs Report Disappoints
This episode is sponsored by NYDIG.Download this episodeOn this edition of “The Breakdown Weekly Recap,” NLW covers:The latest jobs report and what [...]
Goldman Sachs, Other Wall Street Banks Exploring Bitcoin-Backed Loans: Sources
Goldman Sachs is among a handful of tier-one U.S. banks figuring out how to use bitcoin as collateral for cash loans to institutions, according to [...]