Crypto Lender Celsius Appoints CFO Following Predecessor's Arrest
Cryptocurrency lending platform Celsius has appointed former RBC, Bank of America and Citigroup executive Rod Bolger as its chief financial officer (CFO). Source
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Crypto Lender Nexo Terminates Interest Payments on New Deposits From US Clients – Bitcoin News
Following the U.S. Securities and Exchange Commission (SEC) charging the crypto lending platform Blockfi with failing to register its retail crypto lending product and fining the firm $100 million, the crypto lender Nexo has announced it will no longer allow U.S. citizens to earn interest on new savings wallet top-ups.
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Tron’s Justin Sun Accused of ‘Governance Attack’ on DeFi Lender Compound
There are dozens of decentralized stablecoins now on the market, which is largely dominated by centralized alternatives like Tether and USDC. Additionally, generating interest and usage is an uphill battle if lending protocols, and other DeFi platforms don’t accept deposits. Original Source
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Crypto Lender Celsius Admits Losses in $120M BadgerDAO Hack
Crypto lender Celsius Network confirmed the company has lost money from the latest decentralized finance (DeFi) hack on BadgerDAO, a lending platform that offers yields and focuses on wrapped bitcoin.During an ask-me-anything (AMA) YouTube live stream on Friday, Celsius CEO Alex Mashinsky said the company “lost money” in the BadgerDAO
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Crypto Lender Celsius Network Invests $300M in North American Bitcoin Mining Operations : Report
Cryptocurrency lender Celsius Network has further invested $300 million for its bitcoin mining operations in North America, taking the total investment this year to $500 million, according to a report from The Block.The $300 million comes after Celsius invested $200 million earlier this year in bitcoin mining equipment and equity
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Crypto Lender Nexo Makes Strategic Investment in SEC-Licensed Broker-Dealer
Texture Capital is SEC licensed for issuance and trading of digital asset securities as well as being registered in all 50 U.S. states, Nexo said Tuesday. It is also a member of the Financial Industry Regulatory Authority, a self-regulatory organization. Source
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DeFi Lender bZx Suffers Hack for Reported 55M
DeFi lender bZx suffered a hack for a reported $55 million, according to a tweet on Friday by the blockchain security firm SlowMist. “#bZx private key compromised, over $55 million dollars stolen so far. We’ll continue to update as more information is discovered,” SlowMist tweeted. bZx responded in a tweet
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Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’
Cryptocurrency lending firm Nexo Financial denies the allegations of offering unregistered services to New Yorkers put forth by Attorney General Letitia James.Attorney General James directed two unnamed crypto lending companies to cease operations On Oct. 18, citing failure to register the business in New York and performing unlawful activities. Crypto
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Second largest US mortgage lender UWM dumps Bitcoin payment plans
United Wholesale Mortgage (UWM), one of the largest wholesale and purchase lenders in the United States, is ditching Bitcoin (BTC) payment plans after running a test.UWM officially announced Thursday that the company has successfully conducted its first-ever cryptocurrency mortgage pilot, accepting five crypto payments in October and one in September.The
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Crypto Lender Celsius Network Raises $400M in a Bid to Reassure Regulators: Report — CoinDesk
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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