Blockchain Lender Reports 300% Surge as Fed Slashes Interest Rates

Blockchain Lender Reports 300% Surge as Fed Slashes Interest Rates

A blockchain lending firm has seen the value of total loans funded surge to $1 billion since the U.S. Federal Reserve announced its emergency stimulus interest rate cut last week. A blockchain lending firm has seen the value of total loans funded surge to $1 billion since the United States Federal Reserve announced its emergency stimulus interest rate cut last week.In an announcement on March 10, Figure Technologies — which claims to be the…

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Coinbase CEO Explains How Crypto Will Go from 50 Million to 5 Billion Users

Coinbase CEO Explains How Crypto Will Go from 50 Million to 5 Billion Users

Brian Armstrong, the CEO of cryptocurrency exchange Coinbase, explained what developments he believes will drive the growth of cryptocurrency’s user base. Brian Armstrong, the CEO of major cryptocurrency exchange Coinbase, explained what developments he believes will drive the growth of cryptocurrency’s’ user base.In a series of tweets on March 4, Armstrong illustrated how the developments that resulted in the mass adoption of the internet are similar to the work that is currently being done…

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Lloyd’s New Insurance Offering Covers Crypto Held in Hot Wallets

Lloyd’s New Insurance Offering Covers Crypto Held in Hot Wallets

Lloyd’s now provides a new type of liability insurance policy aimed to cover losses fo cryptocurrencies stolen from hot wallets. Insurance giant Lloyd’s of London now provides a new type of liability insurance policy to protect cryptocurrency in hot wallets that is lost by theft.Lloyd’s new offering was developed by Lloyd’s syndicate Atrium together with crypto will-focused firm Coincover, with limits from as little as £1,000 ($1,275), Lloyd’s announced on March 2. The policy…

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