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Silvergate Bank Contemplates Crypto-Lending

Silvergate Bank Contemplates Crypto-Lending

Silvergate Bank seeks to become a crypto lender based on the considerable demand witnessed in this sector.

Margin Trading And Lending On The Crypto Market

Margin Trading And Lending On The Crypto Market

In recent years, many of you who are interested in crypto, probably have noticed the continuous growth of the number of new exchange products that help earn from lending and margin trade.

OKX Introduces Simple Earn Fixed Product for Crypto Users

OKX Introduces Simple Earn Fixed Product for Crypto Users

OKX unveils its Simple Earn Fixed product, available from May 30, 2024, supporting USDT, USDC, BTC, and ETH.

Celsius Network Shares Details of Its Creditor as it Raises Cyber Threat Concerns

Celsius Network Shares Details of Its Creditor as it Raises Cyber Threat Concerns

Bankrupt cryptocurrency company Celsius Network has disclosed the information of its creditors in a filing recently provided in court, including names, addresses, amount owed, and email addresses amongst others

Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer

Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer

Celsius Network Ltd., a troubled and bankrupt crypto lender, has disclosed the auction dates for its assets.

Brazilian Crypto Lender BlueBenx Halts Withdrawals after Suffering Hack of $32M

Brazilian Crypto Lender BlueBenx Halts Withdrawals after Suffering Hack of $32M

Brazilian crypto lending platform BlueBenx is under scrutiny after it halted its users' withdrawals due to a hacking of $32 million.

PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines

The series B offering was led by Valar Ventures, which is a venture capital company backed by PayPal co-founder Peter Theil. Other investors in the offering round included Winklevoss Capital, Avon Ventures, Morgan Creek Digital, CMT Digital, PJC, and Akuna Capital. New investors included Purple Arch Ventures, Arrington XRP Capital, Kenetic Capital, HashKey Capital, and Castle Island Ventures.

Voyager Digital Agrees to $1.65 Billion Settlement with FTC in Landmark Case

Voyager Digital Agrees to $1.65 Billion Settlement with FTC in Landmark Case

The US FTC has awarded Voyager Digital a $1.65 billion settlement for misleading statements about customer fund safety, marking a significant regulatory action in the crypto market.

Virginia Pension Fund Enters Crypto Lending Space to Enhance Returns

Virginia Pension Fund Enters Crypto Lending Space to Enhance Returns

Fairfax County Retirements Systems, a $6.8 billion Virginia pension fund, seeks to expand its scope by entering the crypto lending market to boost its returns.

Haru Invest Executives Arrested in $826 Million Crypto Embezzlement Case

Haru Invest Executives Arrested in $826 Million Crypto Embezzlement Case

South Korean prosecutors have detained three Haru Invest executives for allegedly embezzling $826 million worth of cryptocurrencies from 16,000 users, highlighting regulatory scrutiny over crypto lending practices.

Linus Financial Settles SEC Charges Over Unregistered Crypto Lending Product

Linus Financial Settles SEC Charges Over Unregistered Crypto Lending Product

The SEC has settled charges against Linus Financial for failing to register its Linus Interest Accounts, a crypto lending product. The SEC deemed the accounts securities and made registration mandatory. Linus voluntarily stopped offering the accounts to new investors and requested fund retrieval.

Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance

Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance

FinTech platform and crypto-backed loan service provider YouHodler has selected digital asset wallet provider Ledger Vault to be implemented across its platform, to offer its users an added layer of security and protection.

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