Lending | ForkLog

ForkLog 10 26.04.2022

CleanSpark Secures $35 Million Loan to Buy New Equipment

The American mining company CleanSpark secured debt financing of $35 million backed by 3,336 new Antminer S19j Pro devices.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 15 22.04.2022

DeFi lending protocol Bastion closes $9 million Series A led by Three Arrows Capital and FTX

The Bastion lending protocol has closed a $9 million Series A round, led by Three Arrows Capital.

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ForkLog 6 12.04.2022

Celsius suspends interest payments to US customers

The centralized crypto-lending platform Celsius announced that it would suspend interest accrual on the Earn product for new US users.

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ForkLog 11 11.04.2022

How the Alchemix Lending Protocol Became a Driver of DeFi 2.0 Growth

Lending projects in the DeFi 2.0 concept, such as Alchemix, are gradually gaining popularity, where debt obligations self-amortise and are not subject to liquidations.

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ForkLog 4 24.03.2022

Bastion Lending Protocol Raises Seed Round

ParaFi Fund led the seed investment round for Bastion, a lending protocol operating on Aurora, a second-layer blockchain platform of the NEAR network. The total amount of fees in Bastion was not disclosed.

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ForkLog 7 08.03.2022

Santander to begin issuing loans secured by tokenized agricultural commodities

The Santander banking group is launching in Argentina a lending program for local farmers based on tokenized agricultural commodities.

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ForkLog 12 21.02.2022

Nexo suspends interest payments for US customers

The crypto-lending platform Nexo said it would suspend the accrual of interest on the Nexo Earn Interest product for new US customers. For residents of other countries, the terms remained unchanged, according to the firm's support account on Reddit.

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ForkLog 8 10.02.2022

Expert warns that the digital ruble could dampen the credit market

The launch of the digital ruble could significantly alter Russia's payments space, and not only in a positive sense. This was stated by Dmitry Grishin, the director of innovations at Uralsib Bank.

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ForkLog 5 03.02.2022

UK clarifies tax treatment of staking and DeFi lending

The UK tax authority (HMRC) updated guidance on the taxation of income from staking and DeFi lending.

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ForkLog 14 27.01.2022

Media: SEC probes Voyager, Gemini and Celsius Network

The SEC has opened an investigation into the activities of lending-service providers Voyager, Gemini and Celsius Network regarding the legality of offering interest on deposits in digital assets, Bloomberg reports.

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ForkLog 13 20.01.2022

El Salvador government weighs Bitcoin-backed loans

In El Salvador, authorities are examining the possibility of offering loans to small and micro businesses backed by Bitcoin, according to Cointelegraph.

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ForkLog 19 04.01.2022

DeFi Chronicles 2021: Prospects for the ‘Financial LEGO’

ForkLog summarised the main aspects and trends in DeFi development in 2021, with a focus on the segment’s future prospects.

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