Goldman Sachs launches bitcoin (BTC) lending through Coinbase

Goldman Sachs launches bitcoin BTC lending through Coinbase

Traditional banks are getting into crypto thanks to the rise of cryptocurrencies. Bloomberg reports that, the renowned investment bank, Goldman Sachs has just communicated a first loan backed in bitcoin (BTC). The Coinbase borrower insures cash loans through this cryptocurrency. This decision is seen as a sign of initiation by Wall Street into cryptocurrencies. Goldman’s … Read more

EU Crypto Legislation MiCA Gets A Little Closer. Impact On Lending – Ledger Insights Tech Tribune France

Stablecoin Markets Shift as Binance Begins USDC Conversions

The European Council has approved the Crypto Asset Markets Act (MiCA) and published the current version, but this is not the final step. The Council is mainly composed of the Heads of State of the member countries. The European Parliament still has to have its last word. The parliamentary committee on the economy will then … Read more

Maple Finance Aims To Be The Crypto Lending Shopify

Maple Finance Aims To Be The Crypto Lending Shopify.WEBP

Decrypt DeFi is Decrypt’s DeFi email newsletter. (drawing: Grant Kempster) Last week, Maple Finance, a credit facility-as-a-service platform, announced that it had created a new $300 million loan facility for struggling Bitcoin miners. This means that all those crypto miners struggling to make a profit in the current bear market now have a ready hand. … Read more

What Crisis? High-Stakes Crypto Lending Looks Here To Stay

Two regulatory heavyweights join the ranks of Binance and FTX

LONDON/WASHINGTON, Sept 21 (Reuters) – On May 11, Scott Odell, an analyst at British crypto lender, sent an instant message to Edward Zhao of Three Arrows Capital demanding that the Singapore hedge fund repay at least one part of a $270 million loan. . Three Arrows had just taken a hit from the collapse … Read more

Morpho Labs: optimized crypto lending and APY

Morpho Labs optimized crypto lending and APY

Updated 20 Sep. 2022 at 2:18 p.m. Although its Morpho protocol is still in its infancy, the fact remains that Morpho Labs is starting to get people talking about it. Its innovation makes it an interesting DeFi protocol. Acting as an additional layer of optimization on the Aave and Compound protocols, its objective is to … Read more

Thai SEC Set To Ban Cryptocurrency Lending Citing “Protection Of Traders And Public” | Cryptocurrency

Thai SEC Set To Ban Cryptocurrency Lending Citing Protection Of

The Thailand Securities and Exchange Commission (SEC) has established rules prohibiting digital asset operators from providing lending services. According to the rules, cryptocurrency service providers are also prohibited from accepting cryptocurrency as collateral for loans. Cryptocurrency service providers in Thailand have also been ordered not to advertise lending services. The crypto space is growing rapidly … Read more

DeFi – ETHPow token hunt destabilizes lending protocols – CryptoActu

Philippines UnionBank launches crypto service through its mobile app

Decentralized Finance (DeFi) 07 Sep 2022 – 09:00 The consequences of moving fromEthereum at Proof of Stake are not necessarily the ones we expected to have. Because the step The Merge could well allow carry out juicy operations at lower costor not… With, on the one hand, investors betting on an explosion in the price … Read more

Aave Cryptocurrency Lending Icon Gets European Green Light

Revolut receives crypto approval from regulator Cyprus to operate across

The Aave protocol provides one of the largest marketplaces for cryptocurrency loans and deposits. And this since 2017. In decentralized finance (DeFi), its platform has positioned itself as a benchmark. This popularity paid off in the eyes of European regulators on September 1. The company behind Aave just got a electronic money institution license in … Read more

Uniswap Reportedly Examines NFT Financialization, Talks Multiple Lending Protocols

Uniswap Reportedly Examines NFT Financialization Talks Multiple Lending Protocols

– Advertising – Uniswap Reportedly Examines NFT Financialization, Talks Multiple Lending Protocols Crypto exchange Uniswap targets NFT financialization by introducing multiple NFT activities and ongoing discussions with seven lending protocols By Shashank Bhardwaj Image: Shutterstock – Advertising – Crypto exchange Uniswap’s NFT product manager announces the company’s interest in expanding its NFT marketplace and service … Read more

Virginia’s Pension Fund Invests In Crypto Lending To Boost Yields

Virginias Pension Fund Invests In Crypto Lending To Boost Yields

A $6.8 billion Virginia pension fund is looking to boost returns by investing in crypto lending markets despite a crisis in the industry that has pushed several companies into bankruptcy and left retail investors with heavy losses. Fairfax County Retirement Systems recently won approval from its board of directors to begin investing in “yield farming” … Read more