Loans

Russia

Barclays’ Former Russian Bank Has Issued a Token-Collateralized Loan

Anna BaydakovaAug 19, 2020

Expobank has issued its first loan using WAVES tokens as collateral – the bank are now estimating what future demand could be.

Lending

Here’s Why Interest Rates on Cryptocurrencies Could Be a Game-Changer

Christine KimFeb 22, 2020

The growth in crypto lending platforms is giving birth to a new type of valuation metric: interest rates.

Crypto Lending

ETH Gobbles Up Larger Share of Genesis Loan Book as Trading Firms Feast on DeFi Summer

Nathan DiCamilloOct 30, 2020

Genesis Trading saw the share of bitcoin in its loan portfolio drop, mainly due to demand for liquidity mining on DeFi protocols.

China

Guangdong Blockchain Financing Platform Aims to Help Small Business

David PanJan 2, 2020

A new platform backed by Guangdong province aims to streamline the process for commercial banks to lend funds to small businesses with more detailed and reliable profiles provided by its blockchain network.

Loans

Genesis Clocks Quarterly Surge in Cash and Stablecoin Lending

Daniel KuhnOct 30, 2019

For the first time this year, BTC-denominated loans now represent less than 60 percent of Genesis' portfolio.

Loans

Argentina

Lock BTC, Get DAI: Lending Firm Bridges Bitcoin-DeFi Divide in Latin America

Leigh Cuen

Ledn is partnering with MakerDAO to bring the ethereum-backed stablecoin DAI to more users in Latin America.

Exchanges

Bitrue Exchange to Launch Crypto-Backed Loan Platform

Danny Nelson

The service, which goes live on Sept. 30, loans BTC, ETH XRP and USDT at a 0.04% daily interest rate.

Startups

How Celsius Turned Its Crypto ICO Into a Billion-Dollar Lending Business

Leigh Cuen

Lending startup Celsius went from a $50 million token sale to $1 billion in crypto deposits.

Lending

Crypto Lenders Have Earned Just 2% on $4.7 Billion in Loans: Report

Brady Dale

A new report from credit assessment startup Graychain shows that demand for crypto loans is surging, but lenders aren't making much profit.

Security

Crypto Loans Firm Left Thousands of Users’ Financial Data Exposed

Daniel Palmer

Crypto loans platform YouHodler left a database with millions of logs containing users' private financial data unprotected, researchers found.

Telegram

Arrington-backed Crypto Loans Firm to Accept Telegram’s Token as Collateral

Daniel Palmer

Crypto loans firm Nexo says it will accept the gram ICO token from Telegram as collateral. Trouble is, the tokens may not be available for some time.

Germany

Bitbond Plans to Raise $3.9 Million in Germany’s ‘First’ Regulated STO

Yogita Khatri

Blockchain-based lending platform Bitbond says its security token offering is the first to be approved by a regulator in Germany.

Identity

South Korea’s Shinhan Bank Turns to Blockchain to Speed Up Loan Issuance

Yogita Khatri

Shinhan, one of the oldest and largest banks in South Korea, is using blockchain technology to speed up the approval process for loan products. 

Loans

Ex-SoFI CEO’s Startup Closes $1 Billion Credit Line on a Blockchain

Yogita Khatri

Figure Technologies, founded by former SoFi CEO Mike Cagney, has closed a $1 billion “uncommitted” line of credit on a blockchain.

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