Genesis Capital Processed $1.1B of Cryptocurrency Loans in 2018
Cryptocurrency lender Genesis Capital provided $500 million worth of digital asset loans in the fourth quarter of 2018 alone, soaring almost 100 percent from six months earlier, when the...
Cryptocurrency Lending Firm Genesis Capital Processed Over $1.1 Billion in 2018
Cryptocurrency lending company Genesis Capital processed $1.114 million in...
Tidbits: Jesse Powell Criticizes Custodial Ownership, Simon Dixon Slams the Banking System
Tidbits is a roundup of talking points from across the cryptosphere. Today, Jesse Powell and Samson Mow both voice their opinions on the custodial ownership of assets through trusted,...
Galaxy Digital Reportedly Raising $250M to Help Firms Survive Crypto Winter
The current market environment has caused several cryptocurrency companies such as exchanges, and miners to cancel growth plans, downsize their operations or even completely shut down. A massive new...
Unconfirmed: Novogratz’s Galaxy Digital to Raise $250 Million to Offer Crypto Loans
Novogratz's Galaxy Digital is planning to launch a funding...
Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It
Acknowledging Venezuela’s efforts to deal with inflation and sanctions by creating a state-issued cryptocurrency, Russian officials have nevertheless declined a proposal to use the oil-backed coin in bilateral trade....
Major Spanish Bank BBVA Closes €150 Mln Loan With Porsche Holding Using Blockchain
Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria, has...
Digital Currency Platform Revolut Receives European Banking License
On Thursday, Dec. 13, digital payments platform Revolut announced that the company has been approved for a banking license in Europe by the region’s central bank. According to Revolut,...
Australian Company Issues Loans Backed by Cryptocurrencies
A Melbourne-based company is now offering crypto-backed loans. Helio operates under an Australian Credit License (ACL) issued by the Australian Securities and Investments Commission (ASIC). In the current bear...