- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
The US lending institution Divine Research uses World ID to enable uncollateralized cryptocurrency loans
BlockBeats News, July 28th, according to Cointelegraph, San Francisco-based lending institution Divine Research has issued approximately 30,000 unsecured short-term cryptocurrency loans since December, using OpenAI CEO Sam Altman's iris scanning platform World ID to verify borrowers' identities. Divine Research primarily offers sub-$1,000 USDC stablecoin loans to overseas borrowers underserved by traditional financial services, using World ID to ensure users cannot open multiple accounts in case of default. The company's founder, Diego Estevez, stated that borrowers include high school teachers, fruit vendors, and other ordinary individuals.
You may also like
Why Is On-Chain Fixed-Rate Lending Hard to Come By? "Basis Swap" Trading Is the Way Out
Key Market Insights for January 8th, how much did you miss out on?
USD 1 Billion Surge in Market Cap: Behind the Scenes with Trump Family Bet and CEX Shilling
Karatage Welcomes Shane O’Callaghan as Senior Partner in Strategic Move
Key Takeaways Karatage, a London-based hedge fund, appoints Shane O’Callaghan as a senior partner to enhance its institutional…
Trend Research: 2026 Beyond Paradigm, WLFI Initiates Financial Ecosystem New Era
2025 Crypto Card Annual Report: 40,000 Monthly Active Users, Average Spending of Less Than $100
Seven Chinese Financial Associations Declare RWA Tokenization Illegal
Key Takeaways Seven major Chinese financial associations have declared Real-World Asset (RWA) tokenization illegal, reflecting its categorization as…
Coinbase Stock Jumps 8% After Goldman Sachs Upgrades COIN to Buy
Key Takeaways: Coinbase’s stock increased by 8% following Goldman Sachs’ upgrade from “neutral” to “buy.” Goldman cited confidence…
How to Flip Real Estate in the Prediction Market
India, the Outsourcing Hub of the Crypto World
Built on Compliance and Security, AI Empowering Users, KuCoin is Redefining the Crypto Partner
Dissecting Polymarket’s Top 10 Whales’ 27,000 Transactions: The Smart Money Mirage and the Law of Survival
Key Takeaways Prediction markets have gained popularity, with smart money’s arbitrage strategies being particularly notable. A detailed analysis…
The RWA Circuit: A Key Avenue for New Funds in the Crypto Market
Key Takeaways: The RWA circuit is gaining significant attention in the crypto market, sparking discussions about its potential…
Trump Family’s WLFI Crypto Project Surpasses Real Estate Wealth in a $5 Billion Success
Key Takeaways: WLFI, the crypto project involving the Trump family, has boosted their net worth by $5 billion,…
Wrench Attacks on Crypto Holders Rising and Growing ‘More Violent’
Key Takeaways Wrench attacks, specifically targeting cryptocurrency holders, are on the rise, showing increasing numbers and severity in…
Crypto Billionaires Threaten to Leave California Over New Tax: Bluff or Reality?
Key Takeaways A proposed 5% assets tax on individuals with wealth exceeding $1 billion in California has led…
Market Timing is Hard: Less than 10% will actually make it to the end of the year
Is the New Year Pump FOMO Back, or Is It Alt Season Again?
Why Is On-Chain Fixed-Rate Lending Hard to Come By? "Basis Swap" Trading Is the Way Out
Key Market Insights for January 8th, how much did you miss out on?
USD 1 Billion Surge in Market Cap: Behind the Scenes with Trump Family Bet and CEX Shilling
Karatage Welcomes Shane O’Callaghan as Senior Partner in Strategic Move
Key Takeaways Karatage, a London-based hedge fund, appoints Shane O’Callaghan as a senior partner to enhance its institutional…
App