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crypto lending News and Articles



Celsius Network investments

Crypto Platform Celsius Attracted $400 M, Values at $3 B

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Today cryptocurrency trading platform Celsius announced raising over $400 M in equity funding. The investment was led by the growth-oriented investment firm WestCap. With this, the company's valuation has reached $3 billion. The news comes after Celsius's facing scrutiny. Last month, the New Jersey...

BTC lending platforms surge

Firms Lending BTC See Growth and Increasing Demand

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Major Bitcoin lending companies BlockFi, Celsius Network, and Nexo beat new records. On March 11, crypto trading and loan providing platform BlockFi announced raising $350 M in Series D funding headed by Bain Capital Ventures, partners of DST Global, Pomp Investments, and Tiger Global. A day...

Aave what is it?

What Is Aave and How To Use It?

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Aave is an Ethereum-based lending protocol. It provides options of lending, borrowing, and gaining interest in crypto without intermediaries. The platform has its native token AAVE, due to which users can govern it. The foundation of Aave, ETH Land Aave changed a lot since its foundation in...

SBI Group

Japanese SBI Group launches crypto lending service

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Japanese financial giant SBI Group introduced a cryptocurrency lending service through its subsidiary SBI VC Trade. According to a November 24 press release, a new service called VC Trade Lending will initially support Bitcoin. Going forward, SBI plans to add support for Ether (ETH) and XRP. SBI is...

Celsius Network investment

Celsius Network crypto lending platform raised $18.8 million

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Crypto lending platform Celsius Network announced that on Monday, July 27, it will close the round of financing through the issue of shares with raised investments of more than $18.8 million. Qualified investors, including those from the United States, could take part in the round. The minimum...

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