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Tag: loan agreement

Digitising the five Cs of credit

The “five Cs of credit” have stood the test of time for decades as basic guidelines for how lenders assess credit. Whether you’re assessing...

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Beware of predatory fin(tech): Loan sharks use Android apps to reach new depths

Since the beginning of 2023, ESET researchers have observed an alarming growth of deceptive Android loan apps, which present themselves as legitimate personal loan...

Tether offers US$610 mln debt financing facility to German Bitcoin miner Northern Data

Tether, the issuer of USDT, the world’s largest stablecoin by market capitalization, entered into a 575 million euro (US$610 million) loan agreement with Northern...

RWA Protocol Goldfinch Writes Down $7M of $20M Stratos Loan to $0

Goldfinch is backstopping all the losse.Real-world asset loan protocol Goldfinch is writing down part of a $20M loan issued to a U.S.-based credit fund...

Understanding the Difference: Accounts Payable vs Notes Payable

Managing debts and payments in business involves understanding the crucial differences between accounts payable and notes payable. Accounts payable refers to short-term debts owed...

Thanks to blockchain, ordinary folks can invest in a Monet

Blockchain technology and smart contracts are no longer just buzzwords in the tech world. They are now key players in democratizing real-world assets (RWAs),...

Genesis Sues Parent Company DCG, Seeks Repayment of $600 Million

The bankrupt crypto lender filed two complaints against DCG and its international affiliate over its failure to repay $600 million worth of loans....

Argo Blockchain Reduces Debt and Overall Costs, Revenue Takes a Hit (Report)

The leading cryptocurrency miner – Argo Blockchain – has reportedly decreased its debt to $75 million during the first half of the year....

Op-ed: The Outlook For DeFi Lending Remains Strong – The Industry Is Mature And Ripe For Institutions – CryptoInfoNet

The following is a guest post from Robert Alcorn, co-founder and CEO of Clearpool.As we enter the mid-point of 2023, the DeFi lending market...

Op-ed: The outlook for DeFi lending remains strong – The industry is mature and ripe for institutions

The following is a guest post from Robert Alcorn, co-founder and CEO of Clearpool.As we enter the mid-point of 2023, the DeFi lending...

Gemini’s Winklevoss Demands $1.46B Settlement from DCG In EARN Product Tussle

Advertisement &nbsp &nbsp Gemini has escalated its conflict with Digital Currency Group (DCG) after approximately seven months since Genesis Global Trading, DCG’s lending arm,...

Cryptocurrency Regulatory and Legislative Analysis #11

Cryptocurrency Regulatory and Legislative Analysis #11July 5, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALBasel Committee on Banking Supervision publishes guidelines for cryptoassets treatment The...

Gemini and Genesis File Motion for Dismissal of SEC Lawsuit Against Earn Products

Crypto exchange Gemini and bankrupt digital asset lender Genesis Global Capital have jointly filed a motion to dismiss a lawsuit from the U.S....

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