SALT Lending Faces Some Major Setbacks

Various cryptocurrency firms have tried their hand at the lending business. Most of those firms have failed, for rather obvious reasons. It now seems SALT Lending is headed in the same direction, as the project has allegedly suffered some big setbacks over the past few days. SALT Lending Is Struggling It is evident there are … Read more

Top 3 Industries About to Be Transformed by Blockchain

Blockchain technology represents an emerging sector and new paradigm of technology whose implications are massive. Speculation aside, it is becoming increasingly clear that blockchain is going to revolutionize a number of industries in national and global economies. Here are three such industries where blockchain-led disruption is imminent. 1. Insurance The insurance industry is a mess, … Read more

What Is SALT?

Lending over the blockchain is one of those innovative concepts which could become quite successful. SALT is one of the many companies looking to explore this business opportunity. Its goal is to let users hold onto their assets and still get their cash. What is SALT? SALT is a blockchain-based lending platform which lets anyone in the … Read more

Crypto-Backed SALT Claims $1.3 Billion Backlog, Suspends New Memberships

Secured Automated Lending Technology (SALT) has an enviable problem if its recent Medium post is to be believed. The membership-based crypto-as-collateral loan platform has declared “a demand of over $1.3b in loan requests” is forcing it to suspend “new membership registrations, loan requests, and purchases of SALT.” Also read: How To Regain Control From Nanny Zuck … Read more

SALT – A Way to Avoid Taxes

SALT – An opportunity for investors, BTC holders, ETH, arbitrage with a big reward and a way to cut taxes. Maybe you’re still thinking about investing in cryptocurrencies and are asking yourself what could be a good investment similar to BTC, as their price multiplied by 18 times last year. Nobody knows which cryptocurrencies will … Read more

From Mansions to Prisons: Bitcoin and Real-Estate Doesn’t Mix So Well

There’s been a lot of hype surrounding purchasing real-estate with cryptocurrencies like bitcoin. However, even though bitcoin has spiked considerably in value using the asset for purchasing properties and homes is not so easy. Also read: Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy Bitcoin Real Estate Purchases Come With Difficulties Lately, … Read more

ICOs Raise Over $1 Billion in a Month for the First Time

While bitcoin and resurgent altcoins were claiming the headlines in December, ICOs were quietly claiming the money. From a media perspective, the summer of 2017 was when ICO mania hit its peak. That’s when several of the largest token sales concluded, raising hundreds of millions of dollars apiece. But from a financial perspective, December will … Read more