"If those loans fail, even a small percentage of them, one Tether would become worth less than $1," said Bloomberg reporter Zeke Faux.
Loans News
- Tether fires back against report it is using reserves for investments and making crypto-backed loans10772
"We remain optimistic that we are well positioned to scale our hash rate to 13.3 EH/s by the middle of 2022,” said Marathon Digital CEO Fred Thiel.
5874The Bitcoin mining giant has entered into another BTC-backed loan agreement with Galaxy Digital as it pursues further operational expansions.
9887Speaking during a conference call about the firm’s Q2 results, United Wholesale Mortgage CEO Mat Ishbia outlined plans to accept crypto payments this year.
17616Controversial crypto influencer Alex Saunders is making headlines again, with followers claiming he raised $57,000 in NFTs from them to launch a virtual community headquarters that hasn’t materialized.
14011Square will acquire Australian fintech firm Afterpay in a $29-billion stock deal, expecting to close the transaction in Q1 2022.
4661This DeFi platform is planning to accept NFTs as collateral — allowing borrowers to unlock liquidity from their crypto collectibles.
8736The U.K.-based mining firm's announcement comes amid the country's Financial Conduct Authority cracking down on crypto exchanges.
2899Passive hodlers can miss out on big opportunities to make their crypto work for them. This platform wants to change that.
9786Arcx has launched a new version of its “DeFi Passport,” Sapphire, promising the pseudonymous on-chain credit check will enable new decentralized finance products.
24263Liquity Protocol, which provides interest-free borrowing on the Ethereum network, plans to expand its ecosystem and hire more resources following the latest funding round.
8140Giacomo Arcaro distributed more than $20,000 worth of Ether to some of New York City's homeless population last weekend.
7325"Traditional lending services generally do not exist in the digital currency industry, which means there aren’t many lenders for investors to choose from,” said Jon Melton.
8992DeFi and CeFi both have pros and cons when it comes to earning yield on digital assets — but this crypto asset management app says it offers the best of all worlds.
10867A blockchain project says that decentralized digital identities are going to be crucial for the DeFi sector to offer personalized services and non-collateralized borrowing.
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