Cryptocoins News / The Cointelegraph - 9 months ago
The lending app was drained of funds using a “read-only reentrancy” bug, a type of vulnerability that is often difficult for auditors to spot. Lending app Era Lend on...
Cryptocoins News / The Cointelegraph - 9 months ago
The South Korean crypto lender has had to halt certain interest payments after a recent investigation resulted in the seizure of its assets and those of its customers....
Cryptocoins News / CoinJournal - 9 months ago
Users can leverage LayerZero’s Ultra Light Nodes (ULNs) to lend assets across any blockchain.
The integration also means borrowing and lending on LEND Finance is easy and cost-effective, all with single click capability.
LEND Finance says it s...
Cryptocoins News / The Cointelegraph - 9 months ago
P2P lending is a way for individuals to lend money directly to other individuals without involving traditional financial institutions, such as banks. What is peer-to-p...
Cryptocoins News / The Cointelegraph - 9 months ago
Discover five platforms — Aave, Compound, MakerDAO, dYdX and Fulcrum — that are transforming lending and borrowing through decentralization. Peer-to-peer (P2P) lending...
Cryptocoins News / The Cointelegraph - 9 months ago
The $29 million TVL lending platform is shutting down because its oracles are misreporting Multichain token values after the exploit. Lending protocol Geist Finance is...
Bitcoin News / Bitcoin.com - 9 months ago
On Thursday, following the U.S. Securities and Exchange Commission (SEC) suing the insolvent crypto lender Celsius, the Federal Trade Commission (FTC) divulged a settlement with the firm and imposed a $4.7 billion fine for “duping consumers.” Neverth...
Bitcoin News / Bitcoin.com - 9 months ago
The U.S. Securities and Exchange Commission has filed a lawsuit against the now-defunct cryptocurrency lender, Celsius. The suit, filed Thursday, also names former CEO Alexander “Alex” Mashinsky as a defendant. Both he and the company sta...
More / Bitcoin Reddit - 9 months ago
While I felt a temporary sense of joy, the truth is that my disillusionment with the unjust flaws of the judicial system has been steadily growing. It is disheartening to witness how the system seems to disregard the interests of dedicated hodlers li...
Bitcoin News / Bitcoinist - 9 months ago
In an effort to enhance the adoption of the Central Bank Digital Currency (CBDC) and explore the potential of digital currencies, the Reserve Bank of India (RBI) has urged more lenders to participate in digital currency pilot programs.
With trials o...
Cryptocoins News / The Cointelegraph - 9 months ago
Developers say building the borrowing and lending protocol is "no longer a viable path" for Algorand. Algofi, the borrowing and lending protocol built on decentralize...
Cryptocoins News / The Cointelegraph - 9 months ago
Staking is still allowed, while the lending opportunities are limited and the proportion of “illiquid” assets is restricted. The Canadian Securities Administrators (CS...
Cryptocoins News / Finance Magnates - 9 months ago
Traditional
financial services are being reshaped by innovation in the world of
cryptocurrency. Crypto lending is one such innovation, a burgeoning industry
that allows individuals and corporations to lend and borrow digital assets. Crypto
financing...
Cryptocoins News / The Cointelegraph - 9 months ago
The Law Commission’s recommendations highlight the need to clarify whether cryptocurrency lending falls under existing financial collateral regulations. A lawyer leadi...
Cryptocoins News / CoinJournal - 10 months ago
Bitget launched its native “Crypto Loans” product on Tuesday.
Digital lending is expected to advance at a CAGR of 20.5%.
Singapore and Thailand have recently banned crypto lending.
Bitget &- a Seychelles-based digital assets trading...
Cryptocoins News / Finance Magnates - 10 months ago
The cryptocurrency
trading platform, Bitget, has launched a new product 'Crypto Loans' in response
to the growing demand for digital lending solutions. This venture is expected
to appeal to those users who have been discouraged by the credit offering...
Bitcoin News / Bitcoin.com - 10 months ago
Singapore has implemented new regulations for crypto service providers in a bid to enhance investor protection and maintain market integrity within the cryptocurrency industry. The Monetary Authority of Singapore (MAS) will also restrict lending and...
Cryptocoins News / Finance Magnates - 10 months ago
Thailand’s
securities watchdog today (Monday) issued new rules
that ban cryptocurrency firms from offering crypto lending services that
provide returns to investors for their deposits. The rules also demand that digital
asset operators from July 31,...
Cryptocoins News / The Cointelegraph - 10 months ago
Investor protection regulations have been under discussion since September 2022 amid the crypto lending crisis that saw firms such as BlockFi and Celsius declare bankruptcy....
Cryptocoins News / The Cointelegraph - 10 months ago
The firm allegedly denied having any exposure to troubled sister lending firm Haru Invest before suspending transfers earlier this month. According to a report by loc...
Cryptocoins News / Finance Magnates - 10 months ago
The rise of
cryptocurrencies in recent years has resulted in the emergence of novel
financial services that use the potential of digital assets. Crypto-backed
loans, which allow individuals to unlock the value of their cryptocurrencies
without having...