Where the Money’s At: How Cryptocurrency Makes Money
In recent years, cryptocurrency has become the new gold rush, as savvy investors look to capitalize on digital assets to generate an income. As a matter of fact, this decentralized technology has created opportunities to make money in ways never
BlockFi Hit With $100M In Penalties
BlockFi, a crypto lending platform, has agreed to pay $100 Million to settle ongoing investigations by the Securities and Exchange Commission and various state regulators in the United States. BlockFi has been accused of offering an illegal product in which consumers
Crypto Lending Platform Cred Files Bankruptcy
On November 7th, U.S. based cryptocurrency lending service Cred filed for Chapter 11 bankruptcy protection, which leaves many of the platform’s customers worried about the safety of their funds. Based on the court document filed by Cred’s legal team, the estimated
Crypto Lending Demand Rockets After US Fed Rate Cut
The U.S. Federal Reserve (Fed) has recently enacted an interest rate cut. In the wake of this, the demand for crypto lending services has surged. The Blockchain-powered lending platform, Figure Technologies, enjoyed triple the number of loan applications in recent
New Crypto Lending Platform Compound Raises $25 Million
The crypto trend is continuously gaining popularity around the world, new businesses and services that are utilizing cryptocurrency payments continue to emerge. Within the cryptocurrency community some of the most popular projects are those that allow users to use their crypto
Binance Announces Launch of Its Crypto Lending Service
One of the world's largest crypto exchanges by market cap, Binance, continues its seemingly never-ending streak of new developments and advances. After already achieving much in terms of growing its ecosystem in 2019, the exchange has recently announced another new