BlockFi Raises Over $18M in a Round Led by PayPal Co-Founders’ VC Firm
Crypto lender BlockFi secures $18.3 million in a funding round led by a PayPal co-founder’s VC firm Valar Venture Go to Source Powered by WPeMatico
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Crypto lender BlockFi secures $18.3 million in a funding round led by a PayPal co-founder’s VC firm Valar Venture Go to Source Powered by WPeMatico
As peer-to-peer cash, it only seems logical that cryptocurrency should be deployed for P2P lending. While that application has taken time to materialize, bitcoin and other crypto assets are now increasingly fulfilling that purpose. Across the BTC, BCH and ETH networks, credit is being supplied to ordinary citizens while bypassing its traditional gatekeepers, usurping the … Read more
South Korea’s oldest bank, Shinhan Bank, is developing a distributed ledger technology-enabled stock lending platform Go to Source Powered by WPeMatico
Since the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5.9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future. Also read: The ”Wrapped Bitcoin” Project Has Now Officially … Read more
By John Yearwood Cred Correspondent Amid a dramatic Bitcoin bull run, two of the most influential names in the blockchain finance industry have launched a platform to expand global lending and earning on investments in cryptocurrency. The partnership between Bitcoin.com and Cred allows Bitcoin.com customers to earn up to 10 percent interest on Bitcoin and … Read more
Cadence, a Coinbase Ventures-backed alternative investment provider, launched a blockchain-based investment platform for private credit Go to Source Powered by WPeMatico
According to an announcement by Bitfinex, the exchange repaid $100 million of outstanding loan facility to stablecoin operator Tether Go to Source Powered by WPeMatico
General Motors and Galaxy Digital led a $23 million funding round for Spring Labs to improve its blockchain platform Go to Source Powered by WPeMatico
Interest-bearing accounts offered by cryptocurrency asset management company BlockFi now support the gemini dollar Go to Source Powered by WPeMatico
Korea’s oldest bank, Shinhan Bank, launched the country’s first blockchain-based lending platform to speed up the loan process Go to Source Powered by WPeMatico