Trend Research Slashes Ether Holdings After Market Crash to Repay Loans
Crypto treasury firm Trend Research has sharply reduced its Ether position following the recent market downturn, moving large amounts of ETH to exchanges as it...
Tag : loans
Coinbase's Crypto-Backed Loans Notch Record Liquidations Amid Bitcoin, Ethereum Plunge
In brief Thousands of Coinbase users lost money this week as crypto-backed loans soured. The exchange’s users have faced $170 million in liquidations over the...
K33 Launches Crypto-Backed Loans, Allowing Users to Borrow Against Bitcoin
K33 has rolled out a new crypto-backed lending product, allowing eligible clients to borrow USDC against Bitcoin and other digital assets without selling their holdings....
California Fines Crypto Wealth Platform Nexo $500K Over 'Unlicensed' Loans
In brief The California Department of Financial Protection and Innovation found Nexo issued crypto-backed loans to at least 5,456 Californians without a license. Nexo reportedly...
Nexo to pay $500K fine to California regulator over ‘risky loans’
Crypto lending company Nexo Capital will pay a $500,000 to California’s financial regulator over allegations it issued thousands of loans to state residents without properly...