Auto Added by WPeMatico

Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and…

Continue ReadingCrypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

Coinbase Lets Customers Borrow up to $1 Million Using Bitcoin as Collateral

The Nasdaq-listed crypto exchange Coinbase is now letting customers borrow up to $1 million using bitcoin as collateral. The company charges 8% APR but there is no credit check. The…

Continue ReadingCoinbase Lets Customers Borrow up to $1 Million Using Bitcoin as Collateral

Biggest Bank in El Salvador Now Accepts Bitcoin as Payment for Financial Products

Bancoagricola, the biggest bank in El Salvador, is now accepting bitcoin to pay for debts originated from the use of its instruments, according to a PR statement. The institution partnered…

Continue ReadingBiggest Bank in El Salvador Now Accepts Bitcoin as Payment for Financial Products