Tag: Lending
Ethereum: AAVE suspends ETH lending ahead of The Merge
fusional crisis – The Aave community agrees on pausing Ether (ETH) lending, to prevent a catastrophe, which an Ethereum fork and market greed could cause as The Merge approaches. Suspension…
Cardano (ADA): First lending platform with NFTs is imminent
On Aada Finance, users on Cardano should be able to lend bonds in the form of NFTs. The start is planned for mid-September – with an airdrop. Source: BTC…
China urges banks to increase business lending
Published on 08/26/2022 at 7:40 p.m. Photo credit © Reuters SHANGHAI/BEIJING (Reuters)…
China: Prime lending rate lowered in the face of economic slowdown
SHANGHAI (Reuters) – China cut its prime lending rate on Monday, adding monetary easing to those taken last week, as it seeks to boost demand for credit in the face…
China to lower lending benchmarks to revive faltering economy
The loan prime rate (LPR), which banks normally charge their best customers, is set by 18 designated commercial banks which submit rate proposals to the People’s Bank of China (PBOC).…
Lending a car to a friend: what are the risks? : Current Woman Le MAG
Lending a car to a friend: what are the risks? : Current Woman Le MAG Path 2 645DBCB3-7979-441A-BA4B-98E7BF17E1BE 1785B508-2A96-4CF5-AA87-79B0FE0441BF advertising source site-44
Celsius, a specialist in crypto-asset lending, files for bankruptcy
by Maria Ponnezhath and Tom Wilson July 14 (Reuters) – U.S. crypto-asset lending specialist Celsius Network said on Wednesday it had filed for bankruptcy in New York, adding its name…
Celsius: Investors sue insolvent lending platform
After Celsius filed for bankruptcy, the lending service is now facing legal consequences. Investors are taking action against the bankrupt company with a class action lawsuit. Source: BTC ECHO…
First recovery in DeFi sector after lending exodus
Course (UNI): $6.52 (previous week: $5.73) Short-term resistances/goals: $6.59/6.83, $7.55, $8.16, $9.12, $10.00, $11.27, $12.37, $13.15, $14.40, 15 $.85, $16.71, $19.33 Short-term supports: $5.65, $5.25, $4.60, $3.67, $3.35, $3.00, $1.90…
Celsius: Crypto lending service officially files for bankruptcy
Crypto lending services in particular are struggling to defy the current difficult conditions in the crypto market. It hit Celsius hard – now the insolvency is official. Source: BTC…
After Celsius: Are the next lending services on the verge of extinction?
The shutdown of crypto lending firm Celsius rocked the scene. However, yesterday, July 4th, two other lending service providers admitted to financial difficulties. Source: BTC ECHO The post Are…
Industry under pressure in China: real estate giant Shimao cannot pay interest on loans
Industry under pressure in China Real estate giant Shimao can’t pay interest on loans 7/4/2022 9:53 am With the construction of numerous condominiums, hotels and office buildings, Shimao is one…