Tagged: crypto loans

Uncollateralized Cryptocurrency Loans a “Ticking Time Bomb,” Huobi Research Institute Reports

The recent insolvency of hedge fund Three Arrows Capital (3AC) has not only led to a “cascade” of liquidity crises in the crypto industry, but also “shone a light on the significant risk posed by uncollateralized crypto loans,” according to a report by Huobi Research… Read More

ZkLink Teams Up with Marketplace for Financial NFTs, Pledge Finance

Pledge Finance, the platform for long-term, fixed-rate cryptocurrency-based loans, is pleased to confirm a partnership with zkLink, a provider of secure cross-chain token swaps “powered by zero-knowledge proofs.” As mentioned in an update shared with CI, the partnership will allow Pledge to “integrate with more… Read More

Celsius Network Announces Decrease of Crypto Loan Minimums to $500 & Pre-Approves 200,000 Customers

  Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it has reduced its minimum loan amount to $500, making Celsius one of the most accessible crypto-lenders in the space. Celsius reported that the latest decrease comes less than a year after it… Read More

Coinbase Is Planning to Let Certain US based Customers Borrow Cash Using Bitcoin (BTC)

US-based digital asset exchange Coinbase claims that it was launched to offer “a reliable, trusted, and safe bridge” for consumers interested purchasing and selling cryptocurrency. Coinbase says it aims to offer the best investing experience for its clients. The exchange is now providing new investing… Read More

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