Tag: cryptolending
California regulators order MyConstant to cease crypto-lending services
The California Department of Financial Protection and Innovation (DFPI) has ordered crypto lending platform MyConstant to cease offering a number of i [...]
Market Maker B2C2 Offers to Buy Loans From Genesis Crypto-Lending Unit
The lending arm of the crypto financial firm Genesis halted customer withdrawals earlier Wednesday, citing exposure to Sam Bankman-Fried's collapsed c [...]
Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse
The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third q [...]
BlockFi Hires Credit score Suisse, Prudential Execs to Drive International Growth
Crypto lender BlockFi is including two conventional finance executives to assist the agency roll out new merchandise and broaden into new markets. [...]
Genesis CEO Particulars ‘Black Thursday’ Chaos in Q1 Lending Report
Genesis, a buying and selling agency that additionally lends to institutional cryptocurrency traders, has offered a behind-the-scenes take a look a [...]
BlockFi Raises Deposit Charges as Bitcoin Crash Juices Mortgage Demand
A rise in borrower demand is driving crypto lender BlockFi to lift rates of interest for bitcoin (BTC) and ether (ETH) deposits on April 1, mention [...]
$100M+ in Margin Calls: Crypto Lenders Demand Collateral as Market Buckles
The budding marketplace for cryptocurrency-backed loans met its first large stress take a look at this week as bitcoin (BTC) dropped 40 percent and [...]
Beforehand Crypto-Solely BlockFi Provides Money On-Ramp Via Silvergate Partnership
BlockFi, a monetary firm targeted on cryptocurrencies, says it has enabled a brand new characteristic that can let prospects use money to purchase [...]
Crypto Lender Babel Hits $380M in Excellent Loans
Chinese language cryptocurrency lending startup Babel Finance stated it has reached a document of $380 million in excellent loans as of February.Fl [...]
BitGo Reveals Bitcoin Lending Push; $150M Booked So Far
BitGo, one of many largest and oldest custodians for digital belongings, is becoming a member of the fast-growing enterprise of lending out bitcoin [...]
In comparison with Conventional Banks, Crypto Lenders See Booming Development
A lukewarm U.S. financial system is making massive banks like JPMorgan Chase wrestle to supply quick mortgage development - even with rates of inte [...]
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