Lending | ForkLog

ForkLog 7 24.11.2020

SBI Holdings’ subsidiary launches bitcoin-lending service

SBI VC Trade, a subsidiary of the Japanese financial conglomerate SBI Holdings, announced the launch of a cryptocurrency-lending service.

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ForkLog 11 12.11.2020

Bitfinex launches peer-to-peer lending platform

The Bitcoin exchange Bitfinex announced the launch of a peer-to-peer lending service through the integrated Borrow platform.

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ForkLog 6 09.11.2020

Visa-backed crypto-lending platform Cred files for bankruptcy

The Visa-backed crypto-lending platform Cred began bankruptcy proceedings after fraud was detected. The company filed for bankruptcy in Delaware on Saturday, 7 November.

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ForkLog 6 30.10.2020

Genesis Global Capital lent $5.2 billion in Q3

Genesis Global Capital, a service aimed at institutional investors, reported activity for the third quarter of 2020. From July to September, the company issued cryptocurrency loans worth $5.2 billion.

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ForkLog 5 28.10.2020

Cred, the crypto-lending platform, reports loss of funds due to fraud

The Cred crypto-lending platform, which has joined the Visa ecosystem, notified its users of an incident that required law-enforcement involvement. CoinDesk reports.

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ForkLog 13 22.10.2020

Hodl Hodl launches DeFi project for Bitcoin-backed loans

On October 22, Hodl Hodl launched a non-custodial p2p platform, Lend at Hodl Hodl, through which users will be able to arrange loans secured by Bitcoin.

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ForkLog 3 09.10.2020

Ripple launches XRP-based line of credit for businesses

Ripple has launched the Line of Credit for business lending. The beta version of the service runs on the RippleNet network and is available to a limited set of clients, according to a press release.

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ForkLog 9 29.09.2020

Media reports: Babel Finance accused in China of ‘leverage play’ with clients’ funds

Anonymous whistleblowers posted on Twitter and YouTube audio recordings in which Babel Finance co-founder Del Wang allegedly admits that the company mismanages clients' funds. The management of the crypto-financial services provider denies the allegations.

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ForkLog 7 12.09.2020

yEarn Finance to Launch Decentralized Lending Protocol StableCredit

The developers of yEarn Finance announced the launch of the StableCredit lending protocol, which uses stablecoins and an automated market maker mechanism.

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ForkLog 8 09.09.2020

Crypto-lending platform Cred joins Visa’s Fast Track fintech programme.

The crypto-lending platform Cred has joined Visa's Fast Track programme.

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ForkLog 11 19.08.2020

Russia issues its first loan secured by tokens

Russia's Expobank has, for the first time in the country's history, arranged a bank loan secured by tokens, according to a press release.

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ForkLog 4 18.08.2020

Blockchain.com raises interest rates on crypto deposits

The cryptocurrency wallet provider Blockchain.com announced an increase in annual interest rates on deposits in Bitcoin and stablecoins USDT and Paxos.

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