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Xapo Bank is revolutionizing bitcoin finance with a game-changing loan service—borrow up to $1M in USD without selling your BTC. Bitcoin-Backed Loans: A New Era of Crypto Credit Xapo Bank…
The closed fund will offer investors a 5% yield in Bitcoin and lend funds in BTC to institutions.
The lending firm has been in bankruptcy court since its Chapter 11 filing in 2022, while the SEC filed a lawsuit against both the firm and former CEO Alex Mashinsky…
Recovery from the crypto winter is proceeding, but Hodlnaut won’t survive it. A sealed court order in Singapore appears to spell its doom.
The decision ends the complex case with a creditor-approved plan that will see their partial reimbursement and make them shareholders in a new company.
“The return comes from hashrate, not from pixie dust, ponzi schemes, or rehypothecation,” a Luxor Technology executive stressed.
MultiChainZ chief operating officer Aanchal Thakur believes that cross-chain lending platforms will open users up to more liquidity.
The legal action followed reports staff at the commission had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations.
September was the biggest exploit month in DeFi, with over $300 million in losses, taking the crown from August.
Spurred on by user requests, Bitcoin lending firm Ledn is rolling out an Ethereum yield product.