Browsing the "Loans" Tag

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.

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.

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.

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.

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.

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. 

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.

Bond Rating Agency Moody’s Warns on Risks of Private Blockchains

| Anna Baydakova

Rating agency Moody's has warned of several risks of private, centralized blockchains in a report examining the tech's pros and cons.

Genesis Lends $425 Million of Crypto in Q1 – and Not Just to Short Sellers

| Anna Baydakova

Genesis Global Trading's cryptocurrency lending arm continues to grow, even as the number of short sellers dwindles.

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Returns on Crypto Assets: The Hidden Message

| Noelle Acheson

A look at the search for additional revenue streams from crypto investments, and what that says about the evolution of the asset class.