President Joe Biden (Photo by Anna Moneymaker/Getty Images) Getty Images Republicans slam President Joe Biden on student loan forgiveness. Here’s what you need to know — and what it means for your stu...
Tag: loan
Student Loan Forgiveness Of $50,000 Gets Renewed Push
President Joe Biden (Photo by Kevin Dietsch/Getty Images) Getty Images Student loan forgiveness of $50,000 gets a renewed push. Here’s what you need to know — and what it means for student loans. Stud...
Biden Has Canceled $25 Billion Of Student Loans, But Student Loan Forgiveness Still Eludes Borrowers
President Joe Biden (Photo by Drew Angerer/Getty Images) Getty Images President Joe Biden has now canceled $25 billion of student loans. Here’s what you need to know — and what it means for your stude...
Senators Propose Major Changes To Student Loan Forgiveness
Secretary of Education Miguel Cardona (Photo by Win McNamee/Getty Images) Getty Images Two U.S. senators have proposed major changes to student loan forgiveness. Here’s what you need to know — and wha...
Biden administration to cancel $5.8 billion in single largest student loan forgiveness effort ever
The U.S. Department of Education announced Wednesday that it will forgive all remaining debt for over half a million borrowers who attended and were defrauded by any campus owned or operated by Corint...
First NFT-backed Loan Service to be Provided by Delio in Korea – crypto.news
What is NFT? NFT – non-fungible token – is a virtual token that uses blockchain technology to digitize assets by storing digital file addresses such as pictures and images in smart contracts and prove...
Student Loan Cancellation Is An ‘Insult To The Majority Of Americans,’ Senator Says
Sen. Tom Cotton (Photo Courtesy of the Committee on Arrangements for the 2020 Republican National … [+] Committee via Getty Images) Photo Courtesy of the Committee on Arrangements for the 2020 R...
Is MicroStrategy Runs Risks Getting Liquidated On Its $205 Million Silvergate Loan?
As the price of the leading cryptocurrency by market cap, Bitcoin, declined, crypto enthusiasts speculate whether Microstrategy runs the risk of getting liquidated on its $205 million Silvergate loan....
Gemini Denies 100k Bitcoin Loan Rumors to BlackRock and Citadel
New York-based cryptocurrency custody and exchange Gemini has refuted allegations about its involvement in the massive selloff of Terra’s native cryptocurrency, LUNA. Gemini Says Not Involved in LUNA’...
Gemini Denies Bitcoin Loan Rumors
Key Takeaways Gemini has denied rumors today that it lent 100,000 BTC ($3 billion) to BlackRock and Citadel. An unsourced rumor suggested the companies dumped the borrowed crypto, causing TerraUSDR...
Saylor Defends Microstrategy’s BTC-Backed $200M Loan
The business intelligence software provider MicroStrategy recently got a $205 million loan from the Silvergate Bank. The move soon faced criticism from investors as they were concerned about the compa...
Saylor Pledges More Bitcoin to Back Loan From Silvergate Following Price Drop
Michael Saylor, CEO, and co-founder of MicroStrategy reassures lender Silvergate Bank that the company will post alternative collateral for a $205M loan should BTC dip below $3,562. As bitcoin tracked...
Upstart CEO defends increased loan balance, says the AI lending platform’s model hasn’t changed
In an interview Tuesday with CNBC’s Jim Cramer, Upstart Holdings CEO David Girouard sought to downplay investor concerns about the increased loan balance held on the financial technology firm...
Michael Saylor Defends Bitcoin-Backed Loan
Key Takeaways Michael Saylor wrote on Twitter today that MicroStrategy could easily supply more Bitcoin to cover the necessary collateral in the event of a margin call. MicroStrategy has borrowed $205...
Terra Stablecoin Peg Slips Below $0.70—Despite Loan From Bitcoin Reserves
In brief The Luna Foundation Guard deployed $1.5 billion in reserve assets to shore up UST’s peg. Nonetheless, the price of the stablecoin, which should be $1, continued to drop. The de-pegging ...
Luna Foundation to Loan $1.5 Billion in Bitcoin (BTC) and UST to Maintain Stablecoin Dollar Peg – crypto.news
The Singapore-based non-profit organization Luna Foundation Guard (LFG) will loan out BTC and UST worth $1.5 billion, as part of its strategy to protect the stability of the UST against market volatil...
UST peg protection on as Luna deploys $1.5b loan in BTC
Luna Foundation Guard will loan $1.5 billion in Bitcoin and UST to proficient market producers It will take UST back to equality with the dollar as it fell on the previous day A few key industry fig...
Student Loan Forgiveness Is A ‘Loser Issue’
Bill Maher (Photo by Jeff Kravitz/FilmMagic, Inc for HBO Films) FilmMagic, Inc for HBO Films Bill Maher says that student loan forgiveness is a “loser issue.” Here’s what you need to know. Student Loa...
Terra’s LFG To Loan 750M UST To Accumulate Bitcoin As Crypto Market Loses Over $170 Billion In A Day ⋆ ZyCrypto
Advertisement     The Luna Foundation Guard (LFG) announced today that it would be deploying $1.5 billion in capital aimed at protecting Terra’s UST reserves even as t...
Luna Foundation to Loan $1.5B in BTC
UST briefly lost its dollar peg as it plummeted to $0.98 over the weekend LUNA Price at the time of writing – $59.08 UST deposits currently earn investors 18.8% APY This isn’t whenever UST...
Luna Foundation to Loan $1.5B in BTC and UST to Defend Stablecoin’s Peg
This isn’t the first time UST has lost its peg. But the controversial algorithmic stablecoin de-pegged yet again just days after the Luna Foundation Guard (LFG), the organization backing it, purchased...
I’m 69 and ‘never got a job that paid well.’ How can I tackle student loan debt?
How to get out of student loan debt Getty Images/iStockphoto Question: I went back to college to get my degree after my children had grown up and my mother passed away. I left my job as a corporate ch...
This Billion-Dollar Crypto Loan Is Easy to Get, but Gone in a Flash
A hacker who robbed the decentralized stablecoin platform Beanstalk in April had a powerful tool: a $1 billion loan taken out with no collateral, no proof of income and no identity verification. The l...
Argentina To Shut Down Crypto Activities To Attain $45 Billion Loan, Says IMF
The South American country Argentina’s central bank released a statement on Thursday saying that the country’s financial sector is not allowed to provide services related to digital assets that are no...
Roman Abramovich Denies Reports He Wants Nearly $2 Billion Chelsea Loan Repaid
Topline Sanctioned Russian billionaire Roman Abramovich on Thursday denied reports he asked for repayment of a nearly $2 billion loan he gave Chelsea FC as part of the sale of the soccer team, and als...
Coinbase Uses Goldman Sachs’ First Bitcoin (BTC)-Backed Loan Product: Report
The largest cryptocurrency marketplace in the US is using Bitcoin (BTC) as collateral to get funding from a leading Wall Street bank. According to a new Bloomberg report, Coinbase put up an undisclose...
MicroStrategy says it may explore more ‘yield generation opportunities’ following bitcoin-backed loan deal
MicroStrategy announced its first-quarter financial results for 2022 on Tuesday, reporting $119.3 million in revenues for the period. The firm, which holds more than 129,000 BTC on its balance sheet, ...
Coinbase And Goldman Sachs Join Forces On First Bitcoin-Backed Loan
Coinbase, one of the biggest crypto exchange platforms, has used Bitcoin as collateral for a cash loan with Goldman Sachs; terms as to the number of loans or interest rates are undisclosed as of this ...
‘I have great plans for myself’: My girlfriend doesn’t understand how her student loan works and rents a pricey apartment. What if we marry — and divorce?
My girlfriend and I have been in a relationship for seven months, and it is getting more serious. I don’t expect us to get married in the next year but I like to plan ahead and if things keep working ...