Existing investors Dragonfly Capital, Nascent and Ethereal Ventures participated The raise will be used to expand MetaStreet’s products MetaStreet, a metaverse-oriented decentralized interest rate pro...
Tag: Loans
Binance Extends Support For Terra Classic Tokens Adds USTC As a Borrowable Asset On Its Loans Platform
– Advertisement – Binance Adds Terra UST Classic (USTC) As a Borrowable Asset On Its Crypto Loans Platform. Binance has expanded support for Terra classic tokens. Binance, the world’s larg...
AMC unit Odeon Finco to offer $400 million of 5-year bonds to raise money needed to repay term loans
Odeon Finco Plc, a unit of AMC Entertainment Holdings Inc. AMC, -4.33%, said Wednesday it is issuing $400 million of senior secured five-year bonds in a private offering. Proceeds of the deal will be ...
Demand for riskier home loans is high as interest rates soar
Mortgage demand dropped again last week as rates climbed higher, but one type of loan is attracting borrowers. Adjustable-rate mortgages, or ARMs, which offer lower rates, are seeing renewed demand af...
ByBit Gives Clients More Ways to Gain With Collateralized Crypto Loans
ByBit is bringing another great feature to its clients in the form of crypto loans in their Bybit Earn product. It is getting easier to make crypto assets liquid without selling them, and in that fiel...
‘I’m paycheck to paycheck.’ I make $350K a year, but have $88K in student loans, $170K in car loans and a mortgage I pay $4,500 a month on. Do I need professional help?
I’m the first of my generation to own a home and the first to earn this much annually and don’t want to mess this up. How, specifically, can a financial adviser help me? Getty Images Question: By the ...
Celsius Network Conditionally Not to Enforce Debtors to Pay for Outstanding Loans
Beleaguered digital currency lender Celsius Network has revealed that it was not planning to ask its debtors to pay their outstanding loans during its Chapter 11 bankruptcy proceedings. Over the weeke...
Celsius Network Conditionally Not to Enforce Debitors to Pay for Outstanding Loans
Beleaguered digital currency lender Celsius Network has revealed that it was not planning to ask its debtors to pay their outstanding loans during its Chapter 11 bankruptcy proceedings. Over the weeke...
Americans financially ‘living on the edge’ are turning to pawn shop loans for quick cash
Paycheck to pawn shop: Americans financially ‘living on the edge’ are turning to pawn shop loans for quick cash Lisa Little’s pawn shop, Fieldstone Jewelry and Pawn in Conyers, Georgia has seen steady...
Celsius Drops New Update Over Outstanding Loans
Celsius, bankruptcy ridden digital asset lending firm is reportedly not trying to impose payment obligations for outstanding loans. Earlier, Alex Mashinsky, CEO of Celsius resigned from his position. ...
Why crypto firms are moving to offer loans to bitcoin miners
If the past week is any indication, efforts are ramping up to offer loan capital to bitcoin miners as they contend with a difficult business climate. Icebreaker Finance, which announced a $300 million...
Privately Held Student Loans No Longer Qualify for Biden Debt Relief Plan
(Bloomberg) — The Biden administration on Thursday reversed course on part of its student debt forgiveness plan and will no longer forgive privately held federal student loans, according to an u...
Lawsuit Aims To Block Biden From Forgiving Student Loans
Topline An Indiana attorney from a conservative law firm sued the Biden Administration in federal court Tuesday, asking a judge to block the government’s policy of forgiving up to $20,000 per person i...
Mainland Rebounds On Zero COVID Dial Back, Healthcare Equipment Loans Raise Sector
China Last Night KraneShares Key News The US dollar’s parabolic rise has taken a breather, allowing some Asian markets to recover overnight. Mainland China rallied on explicit policy support for equit...
How Donald Trump got his Deutsche Bank loans
Deutsche Bank has emerged as the star witness in New York attorney general Letitia James’ case against Donald Trump and the Trump Organization. In a suit filed last week, James accused Trump and his o...
Celsius Network May be Planning to Convert its Loans to Crypto ‘IOU’ Tokens
Celsius Network Crypto Lender filed its bankruptcy in July 2022. Celsius Network is a crypto lender that filed for Bankruptcy under chapter 11 of Bankruptcy rules in July 2022. The company halte...
Analysis of Alameda Research’s $200mm Loan Repayment to Voyager Digital
September 20, 2022, 8:49PM EDT • 2 min read Quick Take Alameda to return ~$200mm of BTC and ETH to Voyager Digital Repayment must be completed by September 30, 2022 per filings Failure to repay by 5:...
Maple Finance Loans $300m to help Struggling Bitcoin Miners
Maple Finance, Australia-based Decentralized finance (DeFi) firm for institutions to borrow from Liquidity Pools funded by the DeFi ecosystem, announced on Tuesday that it has launched a $300 million ...
Everyone Makes These MISTAKES with Crypto Loans
Table Of Contents 1. Failing to “buy the dip.” 2. Selling current portfolio instead of taking a crypto loan. 3. Improper market search before taking a crypto loan. 4. Ignoring short-term trading oppor...
Voyager to Receive $200m in Repayment of Loans from Alameda Research
Voyager Digital will receive about $200 million in repayment of loans from trading firm Alameda Research. According to a court filing, the repayment will be in the form of 6,553 in bitcoin (roughly $1...
Compound’s Stablecoin Crypto Loans Attracts Bids: COMP Nears $55
Join Our Telegram channel to stay up to date on breaking news coverage Despite the ongoing slump in the cryptocurrency market, the Compound (COMP) coin has sustained its upward rally gaining nearly 6....
I already paid off my student loans! Am I eligible for a refund and loan forgiveness? Yes, up to $20K — but only under these two specific conditions
I already paid off my student loans! Am I eligible for a refund and loan forgiveness? Yes, up to $20K — but only under these two specific conditions If federal student loans hang over your head, you’l...
China gave tens of billions in secretive ‘emergency loans’ to vulnerable nations, emerging as world’s major creditor and IMF competitor
In recent years, China has shelled out tens of billions in opaque “emergency loans” for at-risk nations, indicating a shift to providing short-term emergency lending rather than longer-term infrastruc...
How Risky Are DeFi Flash Loans for Crypto?
Join Our Telegram channel to stay up to date on breaking news coverage The world of blockchain is full of many strange and complicated things that cannot exist outside of it. One of the things that is...
No Relief From High New Car And Truck Prices; Subprime Loans Hit Hardest
A dealership shopper looks at a window sticker. Getty Images There’s still no letup in sight for high new-vehicle prices, despite some factors that could dampen consumer demand — like higher interest ...
Commerzbank CEO says lenders are prepared for failing loans risk
The chief executive of one of Germany’s biggest banks, Commerzbank, sought to reassure investors Thursday about the prospect of non-performing loans this winter, saying banks are far better plac...
Aave Suspends ETH Loans As Ethereum Merge Approaches
Ahead of the anticipated Ethereum merge slated between September 13 and 15, players like Aave are stocking up ETH. Some are even borrowing to increase their Ether balance. The DeFi platforms and other...
Aave Pauses ETH Loans As Bellatrix Goes Live
DeFi lending protocol Aave has announced that it has paused ETH loans. The announcement comes after a community vote in favor of pausing them, given Ethereum’s upcoming Proof-of-Stake upgrade, which ...
Will Aave’s resolve to halt Ethereum loans be a successful rescue mission
Open-source liquidity protocol, Aave [AAVE] resolved to stop loaning Ethereum [ETH] ahead of the fast-approaching Merge. A vote was held between 30 August and 2 September for the same. A large number ...
You made payments on your student loans during the pause. Can you get a refund?
This article is reprinted by permission from NerdWallet. Hundreds of thousands of borrowers made payments on their federal student loans since forbearance began in March 2020, taking advantage of the...
Binance Pay partnership allows UAE entrepreneurs to repay loans using crypto
Binance marked its presence among the Middle East investors by running various licensed operations in Abu Dhabi, Dubai and other regions. Targeting efforts in United Arab Emirate’s (UAE) mainstream co...
Education Dept. cancels $1.5 billion in loans for Westwood College borrowers
Tero Vesalainen | Istock | Getty Images The U.S. Department of Education on Tuesday announced it will cancel all remaining federal student debt for former students of the now-defunct for-profit Westwo...