May 17, 2019 New York Supreme Court Grants Bitfinex’s Motion to Modify Injunction Bitfinex’s motion to modify an injunction by the New York Attorney General has been approved by the state’s supreme court. Justice Joel Cohen of the New York Supreme Court has granted the Bitfinex cryptocurrency exchange’s motion to modify an injunction from the New York Attorney General (NYAG), Bitfinex announced on May 16.Per…
May 10, 2019 Morgan Creek-Backed DLT Equity Loan Platform Figure Secures $1 Billion Financing Facility Founded by the former SoFi CEO, Figure completed a $1 billion “uncommitted” financing facility via blockchain with Jefferies and WSFS. Morgan Creek-backed blockchain equity loan platform Figure has completed a $1 billion “uncommitted” financing facility via blockchain, the firm announced in a press release on May 9.…
April 25, 2019 Bitcoin Dominates Demand as Genesis Processes $425 Million of Loans in Q1 2019 The crypto lender says bitcoin has continued to represent the lion’s share of its loan portfolio, but demand for ethereum has halved. Cryptocurrency lender Genesis processed $425 million in loans over the first quarter of 2019, according to a report released on April 25.The…
April 23, 2019 BlockFi Now Has Over $53 Million in Client Crypto Under Management Crypto wealth management and lending company BlockFi now has over $53 million in client crypto assets under management. BlockFi crypto wealth management and lending company now has over $53 million in client crypto assets under management.…
April 9, 2019 Cryptocurrency Lending Firm Dharma Launches Its Service to the Public San Francisco-based cryptocurrency lending firm Dharma Labs announced that it has launched its service to the public. San Francisco-based cryptocurrency lending firm Dharma Labs announced that it has launched its service to the public in a Medium post published on April 8.As…
March 22, 2019 BlockFi Lowers Interest Rates for Top Tier Crypto Deposit Accounts Crypto lending company BlockFi has lowered the interest rates for their biggest cryptocurrency deposit accounts. Crypto wealth management and lending company BlockFi has lowered the interest rates for their biggest cryptocurrency deposit accounts, according to an official blog post on March 22.…
March 12, 2019 Startup Finturi Raises $2.2 Million for Its Blockchain-Based Invoice Finance Platform Startup Finturi has secured $2.2 million to let businesses secure loans against invoices with blockchain and AI. Dutch blockchain startup Finturi has secured 2 million euro ($2.2…
March 5, 2019 Crypto Lending Company BlockFi Launches Crypto Accounts With Bitcoin, Ethereum Support BlockFi has launched new cryptocurrency accounts bearing 6 percent annual interest paid monthly in crypto. Crypto wealth management and lending company BlockFi has launched new cryptocurrency accounts supporting Ethereum (ETH) and Bitcoin (BTC) bearing 6 percent annual interest paid monthly in crypto.…
March 4, 2019 Instant Crypto Credit Line Provider Says It Processed $300 Million in Seven Months sponsored A crypto lender that offers consumers an instant credit line says it has processed more than $300 million in seven months, making a net profit of $3 million. A crypto lender offering instant loans in more than 45 fiat currencies says it has amassed more than 170,000 users — with $300 million processed over a seven-month period.Nexo…
February 28, 2019 Report: Blockchain Home Equity Loan Platform Raises $65 Million Fintech startup Figure, which was founded by SoFi founder Mike Cagney, has reportedly raised $65 million from major venture capital funds. A blockchain-based home equity loan platform, Figure, has raised $65 million from various major financial and venture capital firms, tech news site TechCrunch reports on Feb.…
February 5, 2019 Blockchain Lending Firm Dharma Raises $7 Million From Coinbase Ventures, Others Blockchain-based lending firm Dharma Labs raised $7 million from big investors including Coinbase Ventures. San Francisco-based blockchain lending firm Dharma Labs has raised $7 million from big investors including Coinbase Ventures, as the company confirmed to Cointelegraph on Feb.…
January 30, 2019 Cryptocurrency Lending Firm Genesis Capital Processed Over $1.1 Billion in 2018 Cryptocurrency lending company Genesis Capital processed $1.114 million in borrows and lends last year. Cryptocurrency lending company Genesis Capital processed $1.114…
