Decentralized stablecoin DAI is creating headlines for the wrong reasons following MakerDAO’s Endgame tokenomics. Some even raised concerns by recreating links to Terra ecosystem collapse and UST de-p...
Tag: Borrow
Crypto Community Disagrees as MakerDAO Will Allow MKR to Borrow DAI
A Twitter user said the co-founder of MakerAO made a disappointing proposal. The proposal was that MKR should be used to borrow the DAI stablecoin. The BitMEX co-founder compared it to the case of the...
Did Tether Really Borrow $2 Billion From Celsius?
Join Our Telegram channel to stay up to date on breaking news coverage Stablecoin issuer Tether has denied claims that it borrowed $2 billion from failed cryptocurrency lender Celsius, following a nea...
Sky Mavis’s partnership lets Axie Infinity users borrow against game assets
Users of the popular play-to-earn game Axie Infinity can now stake their in-game assets to earn rewards. Ronin Network, the firm building the Ronin blockchain that Axie is built on, partnered w...
Core Scientific to borrow millions from investment bank after court approval
Core Scientific has received permission from the bankruptcy court to borrow up to $70 million from B. Riley. The new credit facility will replace an existing one that was extended by B. Riley in Decem...
Borrow BTC to Get USDT and Stablecoin Loan on Tokex.pro Exchange
Join Our Telegram channel to stay up to date on breaking news coverage Borrow BTC to Get USDT and Stablecoin Loan on Tokex.pro Exchange Crypto Loans: Get Stablecoin in Minutes Crypto loans are amazing...
Crypto Banks Borrow $13,600,000,000 From Federal Home Loan Banks To Meet Customer Withdrawals: Report
Two crypto-friendly US banks have borrowed at least $13.6 billion from Federal Home Loan (FHL) Banks to deal with a tidal wave of customer withdrawals amid the digital asset bear market, according to ...
Court Docs Reveal FTX Allowed Alameda to Borrow $65,000,000,000 for Trading, Made Firm Exempt From Liquidation
Newly released court documents reveal a “$65 billion back door” that FTX had set up for Alameda, the now-defunct crypto exchange’s trading arm. A case docket with a deck detailing FTX’s assets and lia...
FTX: Alameda could borrow up to $65 billion without collateral
FTX’s back door to Alameda gave the research arm access to borrow billions of customers fund without collateral The recovered funds are less than the assets that were supposed to be on both FTX.com an...
10 practices crypto can borrow from TradFi to better protect customers
Crypto pioneers and decentralized finance companies often talk about their commitment to opening up financial opportunities to underserved populations, but that’s only half the battle in achieving suc...
Alameda could borrow unlimited amount of customer funds from FTX
Former Alameda CEO discloses details that led to the collapse of FTX during a plea hearing Caroline Ellison admitted that Alameda had given billions of dollars in loans to SBF and other FTX executives...
DeFi lender Compound to set borrow caps on 10 crypto collateral assets
Compound will enforce loan limits on 10 crypto tokens in its version 2 protocol at the end of November, thus reducing the amount of the affected collateral that users can borrow. This decision i...
Someone Paid 600% Interest To Borrow CRV
Exchange liquidity protocol Curve has launched its first native stablecoin — crvUSD. The news coincided with a trader borrowing most of the available Curve DAO token (CRV) on Aave, over $50 million wo...
Suze Orman ‘was so upset, honest to God’ when the government made it easier to tap your 401(k) in a time of need — she has one big reason why you should never borrow from your retirement
Suze Orman ‘was so upset, honest to God’ when the government made it easier to tap your 401(k) in a time of need — she has one big reason why you should never borrow from your retirement It migh...
GUSD Borrow Rates Spike From Brief Hysteria
Borrowing rates of Gemini’s stablecoin GUSD jumped to upwards of 83% on decentralized lending platform Aave on Wednesday morning after the centralized exchange announced that it would be halting the G...
How To Borrow At 0% Interest Rate?
– Advertisement – Welcome, DeFi enthusiasts! And let’s dive directly into it. What’s the best thing about the Radar Borrow feature, you ask? Well, it couldn’t be easier; it allows you to t...
DeFi Platform Ribbon Finance’s Unsecured Lending Product Sees Crypto Firms Folkvang and Wintermute Borrow Over $10M
Meanwhile, Lend users stand to make higher yields from unsecured lending to institutions that have been evaluated for their creditworthiness by Credora. Besides, lenders can exit their positions at an...
MATIC Token Holders Getting Rewards to Borrow Tokens on AAVE
Polygon recently announced offering rewards to Matic token holders for borrowing tokens. Users merely have to act on Aave to win exciting rewards. The platform boasts over 16.2 million $MATIC worth 12...
ETH Borrow Rate Spikes to 190% Ahead of the Anticipated Merge
As crypto enthusiasts await the Ethereum proof-of-stake Merge, the crypto is creating immense ripples in the market. Aave, a lending protocol with 6.5 billion dollars in TVL, emptied its Ethereum rese...
Bank To Connect With Ethereum’s MakerDAO To Borrow $100M
Ethereum’s decentralized finance protocol MakerDAO proposed a historic vote to connect a U.S. bank to its platform, the Huntingdon Valley Bank (HVB). The community has approved the proposal and the fi...
Solend introduces $50M borrow limit as whale account begins debt repayment
? Want to work with us? CryptoSlate is hiring for a handful of positions! Solana-based DeFi protocol Solend has initiated a new proposal to limit the borrowing on the platform to $50 million per accou...
Jim Cramer Says You Shouldn’t Borrow Money To Buy Bitcoin, Here’s Why
The issue of borrowing money in order to invest in cryptocurrencies such as Bitcoin has been a prevalent one in the crypto space. Mostly, there has been numerous news regarding individuals who borrowe...
Analyzing after-effects of Anchor protocol freezing Earn & Borrow post $800k exploit
Anchor, along with Terra, LUNA, and UST, fell victim to the blockchain crash and being the most significant protocol on the chain, it fell the hardest. Not only did investors pull their deposits out o...
Shiba Inu Holders Can Now Lend, Borrow, and Short-Sell SHIB via Beta Finance
– Advertisement – Now, Shiba Inu holders can lend, borrow and short sell their SHIB tokens on-chain as Beta Finance added support for Shiba Inu (SHIB). Beta Finance, a permissionless mon...
Chinese Banks Overflow With Cash That Nobody Wants to Borrow
(Bloomberg) — Chinese authorities are facing an uphill battle convincing companies and households to boost borrowing as long as Covid outbreaks and lockdowns continue to crush confidence. Most R...
What’s the Fuss About CakeDeFi’s Borrow offering? And how can people use it? – Coinpedia – Fintech & Cryptocurreny News Media
Decentralized finance is a very appealing way to explore the cryptocurrency industry. Users can put their assets to work and reap the rewards for doing so. CakeDeFi, an industry leader in making DeFi ...
Hacked stablecoin Beanstalk seeks to borrow $77 million to revive itself
The team behind the stablecoin Beanstalk is raising $77 million in an over-the-counter loan from private investors as it seeks to revive the project following a major hack last month. On May 7, the Be...
Cake DeFi Introduces New Product – Borrow
[PRESS RELEASE – Singapore, Singapore, 28th April 2022] Cake DeFi, a Singapore-based fintech platform that makes DeFi (decentralized finance) services and applications accessible to everyone, is thril...
Cake DeFi Introduces New Product “Borrow” Enabling Users to Maximize Their Returns – crypto.news
Cake DeFi has announced the launch of its new product dubbed “Borrow.” Borrow is designed to allow Cake DeFi users to do more with their digital asset holdings and significantly boost their crypto ret...
Cake DeFi Launches New Product “Borrow” Enabling Users To Strengthen Their Crypto Portfolios
Advertisement     Cake DeFi, a fintech platform based in Singapore is elated to announce the launch of a new product, ‘Borrow’ that will give users opportunities to st...