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Loans News

Loans are certain amounts of money given by an individual, organization or government to the another entity. The recipient is usually obliged to return the loan with additional interest. Loans are one of the driving forces of current economies and a crucial part of the financial sector. Loans can take various forms and may include loans in goods, fiat money loans, cryptocurrency loans, etc. The practice of crypto loans is new and has its flaws, mostly connected to the high volatility and technical difficulties inherent to cryptocurrency. However, Bitcoin (BTC) loans are already available in several BTC loan sites, some of which provide a rather quick Bitcoin loans procedure. Cryptocurrency loans may become the new standard for receiving loans — due to the high speed of transaction, the trusted distributed ledger and inclusion of information technologies.
Analysis
The DeFi lending market MakerDAO has updated its governance protocols to prevent another occurrence of forced liquidations that lead to huge losses.
MakerDAO Takes New Measures to Prevent Another ‘Black Swan’ Collapse
Osato Avan-Nomayo
2020-05-04T20:24:00+01:00
19333
News
Celsius Network is the first crypto lending platform to become profitable according to its CEO Alex Mashinsky.
Celsius Network Is Profitable and Resisting Market Downturn, Claims CEO
Michael Kapilkov
2020-03-18T13:04:00+00:00
5689
News
Major cryptocurrency wallet service and blockchain data supplier Blockchain.​com now allows all users to borrow Paxos Standard against Bitcoin.
Blockchain.​Com Now Offers Crypto Lending Service to All Users
Helen Partz
2020-03-10T15:13:00+00:00
4265
News
Cryptocurrency lending platform BlockFi has added support for cash on its platform, which enables customers to purchase crypto through wire transfers.
Crypto Lending Firm BlockFi Adds Support for Wire Transfers to Buy Crypto
Ana Alexandre
2020-03-10T13:01:00+00:00
1842
News
BitGo, a crypto firm that claims to handle over 20% of all Bitcoin transactions, is launching an institutional-level crypto lending.
BitGo Launches Its First Institutional Crypto Lending Service
Helen Partz
2020-03-05T11:18:00+00:00
3121
News
Major crypto exchange Bitfinex has repaid another $100 million of the loan facility to stablecoin operator Tether.
Bitfinex Completes Another $100M Loan Facility Repayment to Tether
Helen Partz
2020-02-28T16:39:00+00:00
3449
News
Celsius Network released its quarterly report where it reveals its growth in most reference metrics, having more than doubled the interest paid to users.
Celsius Doubled Its Total Paid Crypto Loan Interest Since November
Andrey Shevchenko
2020-02-24T12:01:00+00:00
3394
Analysis
With the total value locked in the DeFi market crossing $1 billion, industry stakeholders look toward greater global adoption.
DeFi Begins to Move From a Niche Market to Mainstream Finance
Osato Avan-Nomayo
2020-02-16T18:30:00+00:00
7569

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