Tag: Loans
Aave proposal to freeze alleged Curve founder’s loans draws controversy
A June 12 AAVE (AAVE) proposal aimed at preventing a particular account from accumulating more debt has led to controversy, with some participants arg [...]
Jamie Dimon says souring loans threaten banks
Jamie Dimon, CEO, JP Morgan Chase, during a Jim Cramer interview, Feb. 23, 2023.CNBCDeposit runs have led to the collapse of three U.S. banks this yea [...]
FOREX-Dollar on rates-watch as traders wait on loans data
By Tom Westbrook SINGAPORE, May 8 (Reuters) - The dollar was catching its breath on Monday after dropping last week when the Federal Reserve hinted at [...]
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 [...]
Crypto Exchange Coinbase to Stop Issuing New Loans Via Coinbase Borrow
“We regularly evaluate our products to ensure we’re prioritizing the offerings that our customers care about most,” the spokesperson said. “Effective [...]
Blur NFT lending surpasses $16M in loans, led by Matchi Big Brother
According to data sourced from user @beetle from Dune Dashboard, nonfungible tokens (NFT) marketplace Blur has facilitated 8,820 Ether (ETH), or rough [...]
First Citizens to Buy Silicon Valley Bank’s Deposits, Loans in $55.5B Agreement With FDIC
In a statement, the FDIC said that all depositors of Silicon Valley Bridge Bank, the bridge bank set up by the FDIC after SVB’s failure, will automati [...]
Crypto-Friendly Silvergate Was Not Cut Off From Loans, FHLB Says
The Federal Home Loan Bank of San Francisco, the bank that supplied $4.3 billion to Silvergate late last year, did not force Silvergate to repay the a [...]
Debtors saved over $100M using de-pegged stablecoins to repay loans
The depegging of USD Coin (USDC) and Dai (DAI) from the United States dollar prompted a frenzy of loan repayments over the weekend, allowing debtors t [...]
Mangudya warns against forex loans
In a situation where there is little foreign currency in the market despite the banking [...]
Polish banks risk foreign exchange loans nightmare
WARSAW: Polish banks risk a new nightmare scenario after an adviser [...]
Crypto-friendly bank ends loans backed by crypto mining rigs
The holding company for the crypto-friendly bank, BankProv, has revealed it’s no longer providing loans secured by cryptocurrency mining rigs after wr [...]
BankProv Stops Offering Loans Collateralized With Crypto Mining Machines
The crypto-friendly bank wrote off $47.9 million in loans, primarily mining rig-collateralized debt.
www.coindesk.com [...]
Adverse EU ruling on FX loans won’t jeopardize Bank Millennium recovery plan
Hundreds of thousands of Poles, who borrowed in Swiss francs due to its lower interest rates, are now paying far bigger installments than expected as [...]
BlockFi to sell $160M in Bitcoin miner-backed loans: Report
Bankrupt crypto lending firm BlockFi has plans to sell off $160 million in loans backed by around 68,000 Bitcoin mining machines as part of bankruptcy [...]