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Cryptocurrencies like Bitcoin and Ethereum are not just for trading. You can also use them to get a loan without selling your coins. This is called a crypto-backed loan. Let’s explore how it works, why people use it, and some real-life examples. What is a Crypto-Backed Loan? A crypto-backed loan lets you use your Bitcoin, Ethereum, or other coins as collateral to borrow money in fiat currency (like USD, EUR, or KES) or stablecoins (like USDT or USDC). You don’t need to sell your crypto. Instead, you lock it in a secure platform and get cash in return. Once you…

The cryptocurrency world continues to create new opportunities for financial freedom, and one of the most practical tools for long-term holders is using their crypto assets as collateral to access loans. This method helps you secure quick liquidity without having to sell your digital assets. It’s a strategic move for investors who believe the value of their crypto will grow over time. In this detailed guide, we’ll explain how crypto collateral loans work, walk you through the steps to use your crypto for borrowing, and highlight the best tokens to use as collateral. What Is Collateral in Crypto Lending? In…

Ethereum loans are a fast and flexible way to access funds without going through traditional credit checks. By using your ETH as collateral, you can borrow money while still keeping your crypto assets. In 2025, this type of borrowing is even faster, safer, and more accessible thanks to the growth of both centralized and decentralized crypto lending platforms. This guide explains everything you need to know—from basic terms and risks to a clear 9-step process—to help you borrow confidently using your Ethereum. Why Should You Get a Loan on Ethereum? Borrowing against your ETH lets you access cash without selling…

MP Bernard Kitur Says His Life Is in Danger After Exposing Kidney Transplant Syndicate Nandi Hills MP Bernard Kitur has come forward with serious allegations, claiming that his life is under threat due to his efforts to expose and bring justice to an illegal organ transplant syndicate believed to be operating from a private hospital in Eldoret. The hospital is suspected of being involved in unauthorized kidney transplants, where poor and vulnerable individuals are targeted. Kitur made these claims while appearing before the National Assembly Health Committee on Thursday, June 5. He was present to assist in an ongoing investigation…

President William Ruto has led the Kenyan nation in mourning the death of former Zambian President Edgar Lungu, who passed away on Thursday, June 5. President Ruto shared a heartfelt tribute through his official X account, honouring Lungu as a dedicated leader who served the people of Zambia with passion and unwavering commitment. In his message, President Ruto expressed deep sympathy and extended Kenya’s condolences to the Zambian people and Lungu’s family. “Our condolences to the family and the people of Zambia for the untimely death of Former President Edgar Lungu,” read part of the president’s statement. He went on…

On Wednesday, June 4, former U.S. President Donald Trump signed a new proclamation that places travel restrictions on citizens from 12 countries. This move is part of a broader effort by the U.S. to crack down on what it refers to as “unlawful” immigration. Among the countries affected are Somalia and Sudan—nations from which many refugees currently live in Kenya. The countries listed in the travel ban are: the Republic of the Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan, Yemen, Afghanistan, Myanmar, and Chad. Additionally, the proclamation imposes partial travel restrictions on individuals from Burundi, Cuba, Laos, Sierra…

In the fast-growing world of cryptocurrency, more people are borrowing money by using their crypto as collateral. This idea is becoming popular because it allows crypto owners to access cash without selling their digital assets. Let’s explore why people do this, how it works, and some common examples — all explained in simple English. ✅ What Does “Borrowing Against Crypto” Mean? Borrowing against crypto means using your cryptocurrency — like Bitcoin, Ethereum, or others — as a guarantee to get a loan in cash or stablecoins. Instead of selling your crypto to get money, you lock it up with a…

Cryptocurrency lending platforms have changed how people and businesses access money. One increasingly popular method is borrowing USD using crypto as collateral. This means you lock up your crypto assets—like Bitcoin or Ethereum—in a lending platform, and in return, you receive a loan in USD. This method has become attractive because it offers easy access to funds, often comes with lower interest rates than traditional loans, and lets you hold on to your crypto investment. This article explains the key benefits of borrowing USD with crypto and why more people are choosing this option. As more crypto holders look for…

The Adani Group has found itself at the center of yet another controversy, only months after the Kenyan government cancelled two high-profile investment agreements with the Indian conglomerate. This time, the group is under international scrutiny following allegations of being indirectly linked to the shipment of liquefied petroleum gas (LPG) from Iran—a country under stringent international sanctions. The new claims surfaced on Monday, June 2, when a report by The Wall Street Journal (WSJ) alleged that certain tanker vessels exhibiting suspicious behaviors had made repeated trips between the Persian Gulf and the Adani-operated Mundra Port, located in western India. These…

The Directorate of Criminal Investigations (DCI) has exposed a group of six criminals who have been using a high-tech caller ID spoofing system to trick unsuspecting people over the phone. These scammers, based in Mombasa, have managed to steal millions of shillings by making fake calls that look like they come from trusted institutions. In an official statement, the DCI confirmed that the six suspects had been arrested after a well-coordinated security operation that led officers to their hideout in a rented Airbnb apartment in Nyali, Mombasa County. “Six cybercrime suspects implicated in a series of serious fraud through spoofing…