TagSALT Lending

$50 Million ICO Lands Crypto Lender SALT in Hot Water with SEC: WSJ

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SALT Lending, a cryptocurrency loan provider who raised tens of millions of dollars during through an initial coin offering (ICO) with support from crypto pioneer Erik Voorhees, has become the latest blockchain firm to attract the attention of US securities regulators. Crypto Loan Provider SALT under SEC Investigation The Wall Street Journal reports that the Securities and Exchange Commission...

Such Borrow, Many Loan: Crypto Lender SALT Now Takes Dogecoin as Collateral

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Cryptocurrency investors have another way to access capital without having to liquidate their portfolios. SALT Lending, which has issued more than $50 million in blockchain-backed loans, is capitalizing on the liquidity in dogecoin and has begun offering loans in USD collateralized by longtime crypto darling DOGE. Dogecoin's profile has been on the rise in recent months as investors have flocked...

Cryptocurrency-Backed Loan Service SALT Lending Expands Network to 35 States

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Cryptocurrency-collateralized loan provider SALT Lending has announced that it is now operational in 35 U.S. states after receiving regulatory approval to expand its network to 20 new localities. The Colorado-based firm is perhaps the best known of several companies that allow borrowers to stake their bitcoin and other cryptocurrency assets as collateral when applying for a loan, enabling them to...

5 Blockchain Innovations That Will Affect Everyone You Know

It’s no secret that at CCN, we are long-term believers in the power of the blockchain to reshape and better society in innumerable ways. Following the recent enthusiasm and inevitable profit-taking that resulted in what might look like a bubble popping, we thought it a good time to go over some of the ways blockchains will revolutionize society, no matter the current value the tokens which power...

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