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Tag Archives: crypto loans

Four Men in India Charged with Running Crypto Scam

Four men in India have been indicted for potentially running a crypto scam. The individuals are believed to have promoted a fake loan-conversion firm that potentially secured online loans and converted them into digital assets like BTC. Four Men in India Indicted on Crypto Scam Charges Police authorities are working with the National Cybercrime Reporting Portal to obtain the data they need on the men. They are Deepak Patwa (23 years of age), Dev Kishan (32 years of age),...

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Crypto Custody Firm Unchained Capital Now Valued at $125 Million

Unchained Capital Inc. – a company that delves in crypto custody services and lending – has managed to garner a whopping $25 million in funding, bringing its overall valuation to an impressive $125 million. Unchained Capital Has Made a Lot of Money The round was headed by New York Digital Investment Group LLC, which has already pledged heavy support to Unchained over the past several months. The company had placed roughly $50 million into Unchained back in February and...

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Coinbase Gets Into the World of Crypto Loaning

Coinbase – one of the most popular cryptocurrency exchanges in the United States, as well as the world – has announced it will soon begin offering bitcoin and crypto-backed loans for customers to utilize.Coinbase Is Offering Bitcoin-Backed LoansCustomers can take out fiat loans against roughly 30 percent of the bitcoin they already have. While the loans themselves won’t necessarily be in bitcoin, they’ll certainly be backed by the digital asset. Coinbase is now one of the largest exchanges...

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