Tag Archives: SALT Lending

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

Advertisement Twitter Facebook LinkedIn 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… Read More »

Erik Voorhees, Salt Lending Being Investigated by SEC, Report Says

Crypto loans startup Salt Lending and its former CEO, Erik Voorhees, are said to be under investigation by the U.S. securities regulator, according to The Wall Street Journal. In an article published Thursday, the news source cited “people familiar with the probe” as saying that Salt was subpoenaed by the U.S. Securities and Exchange Commission (SEC) in February seeking… Read More »

SALT Adds Dogecoin (DOGE), “Very Lending, Much Liquidity”

Salt Lending Adds Dogecoin, Shibes Rejoice Shibes rejoice! As of today, October 20th, 2018, users of the popular Salt Lending platform will be able to put up their Dogecoin (DOGE) as collateral for loans. Elaborating on this exciting subject matter, Salt Lending, or SALT for short, issued a Medium post to highlight what this move entails. Such Wow.… Read More »

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

Advertisement 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… Read More »

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

Advertisement 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,… Read More »