Cryptocurrency Analysis and News Portal
Warren has been advocating for her legislation meant to target money laundering and sanctions abuses in crypto, which is co-sponsored by Marshall. The bill, which crypto lobbyists have argued would pose significant threats to the industry in the U.S., hasn't yet found any traction at the committee level so remains
Read More
The debit card allows users to use their crypto assets to make transactions in shops or online as they would with a debit card issued by their bank. Discontinuation of the Binance Card in Latin America and the Middle East will take effect on Sept. 21, according to the post. Source
Read More
Babel is on the verge of filing a moratorium extension that would prevent creditors from making claims for at least six months, the report said. The filing alleges that co-founder Wang Li racked up $524 million in proprietary trading losses, with another $224 million being lost after lenders liquidated collateral
Read More
Citigroup has published a series of comments on mortgages backed by cryptocurrency as well as digital real estate in the Metaverse. Source
Read More
Blockchain real estate platform Propy has partnered with Abra to allow customers to obtain home loans using their cryptocurrency holdings, potentially widening the financial use cases of digital assets. Propy customers can now put up digital assets as collateral for their real estate purchases through Abra Borrow, a cryptocurrency lending and
Read More
Blockchain lending startup Figure Technologies is to roll out mortgages fully backed by crypto of up to $20 million. Original Source
Read More
press release PRESS RELEASE. Based on the Anti-liquidation protocol, Shaktiio develops a liquidation protection programme for CeFi lending platforms. The anti-liquidation protocol aids the stability of the bitcoin market by preventing it from being overextended. The expansion of the loan market and the extensive usage of trading instruments, including the
Read More
Tether (USDT), the largest stablecoin issuer by market capitalization, has refuted the details of a Bloomberg story on its reserves holdings.In a Thursday report, Bloomberg journalist Zeke Faux made numerous claims against Tether, including that its chief financial officer Giancarlo Devasini has used the company’s reserves to make investments, that
Read More
Loan-to-value (LTV) simply means how much cryptocurrency you will need to put up as collateral before you get a loan.A crypto-backed loan is one of the most exciting marvels of blockchain technology. We know that banks always ask for collateral when lending you money, whether it is property, stocks, or
Read More