Category: Lending

Aussie exchange Swyftx to offer ‘no lock-in’ yield on crypto

Aussie exchange Swyftx to offer ‘no lock-in’ yield on crypto

Swyftx exchange will begin offering interest-bearing yields on a wide range of cryptocurrency assets — the first Australian-operated crypto exchange to do so. Swyftx’s new product, called Earn, will offer Australian and New Zealand residents the ability to earn interest on 21 different digital assets, including large-cap cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana […]

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Meta may introduce tokens and digital currency lending services to apps: Report

Meta may introduce tokens and digital currency lending services to apps: Report

The digital currency, which employees have reportedly dubbed “Zuck Bucks,” will be aimed at use in the metaverse. 1806 Total views 48 Total shares Social media giant Facebook’s parent company, Meta, is reportedly planning to introduce virtual currency as well as lending services to apps it owns, with Facebook, WhatsApp, Instagram, and Messenger potentially being […]

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SEC hits BlockFi with a $100 million penalty, gives 60 days to comply with a 1940 law

SEC hits BlockFi with a $100 million penalty, gives 60 days to comply with a 1940 law

The penalty comes after months of heightened regulatory attention to crypto lending platforms. 1660 Total views 51 Total shares On Feb. 14, the Securities and Exchange Commission, or SEC, announced actions against crypto lending company BlockFi over its failure to register high-yield interest accounts that the agency deems to be securities. New Jersey-based BlockFi will […]

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