South Korea’s financial regulators plan to release guidelines on cryptocurrency lending services next month in an effort to tighten oversight and protect investors amid growing concerns over leveraged crypto products.The…
In brief
South Korea’s FSC and FSS summoned officials from five major crypto exchanges after Upbit and Bithumb launched lending products offering up to 4x leverage, enabling short-selling through borrowed funds.
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Financial technology (Fintech) companies may move away from traditional lending services, as decentralized alternatives offer more accessible loans with smaller fees.Decentralized finance (DeFi) lending protocols enable users to lend and…
The New Development Bank (NDB), commonly called the BRICS bank has expanded lending in local currencies. The bank is moving away from the US dollar and prioritizing currencies of member…
Native token of decentralized finance (DeFi) lender Aave {{AAVE}} on Tuesday rallied to its strongest price in three weeks, topping $290 as the DeFi lending sector is heating up.AAVE saw…
Bitcoin Treasury Corporation, a Canadian firm focused on bitcoin-related services, has wrapped up the first leg of its bitcoin buying campaign, adding 478.57 bitcoin for CAD $70 million ($51…
Morpho, a permissionless cryptocurrency lending protocol, unveiled an update that seeks to further align decentralized finance (DeFi) with traditional lending by bringing more in the way of bespoke, predictable loan…
Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for…