Nexo

Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market

Cryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as low as 0.44% for ethereum and 4.50% per year for bitcoin) as well as less cumbersome verification procedures. Crypto holders present their virtual assets as collateral to get loans paid out in fiat or stablecoin. …

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Coinbase to Offer Bitcoin-Based Cash Loans of up to $20,000 Across 17 US States

U.S. crypto exchange Coinbase will start offering bitcoin-backed cash loans to select customers as early as next month. Investors can borrow up to 30% of the bitcoin they hold on the exchange, or a maximum $20,000, it said. In a blog post on August 13, Coinbase unveiled its new crypto lending business, which places it …

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Accused of Spreading FUD Zeus Capital Doubles Down on Chainlink Pump and Dump Claims

Zeus Capital LLP has released a new report reiterating its earlier stance that Chainlink is a giant pump and dump scheme. This new report comes after the little known asset management and research firm took a flak for attacking Chainlink’s token in an earlier report. In what it now terms part 1 of its exposé, …

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Crypto Lender Nexo Enters Prime Broker Race, Enlists Chainlink for Audits

Crypto lender Nexo is preparing to enter the prime brokerage space with Chainlink-powered audits that bring more transparency to its operations. The Swiss lender announced an integration with the oracle provider on Wednesday. Chainlink will provide audit trails for Nexo’s lending and borrowing operations, revealing how the firm handles user collateral, Nexo CEO Atoni Trenchev …

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