Tag: Lending

Genesis Capital: Crypto Lending Weathers a Bearish Market

Genesis Capital: Crypto Lending Weathers a Bearish Market Crypto lending firm Genesis Capital processed $ 1.1 billion in loans last year. This is according to the company’s recently released ‘Lending Snapshot’ for Q4 2018. Genesis Capital The figure shows the massive growth in processed loans as Bitcoin price fell over 44% in […]

Crypto-Backed Lending Platform Blockfi Approved to Operate in California

Crypto-Backed Lending Platform Blockfi Approved to Operate in California Back in July, news.Bitcoin.com reported on the cryptocurrency-backed USD lending platform, Blockfi, which raised $ 52.5m from investors in an investment round led by Michael Novogratz’s Galaxy Digital. On Monday, Blockfi announced the firm is now servicing residents from California and […]

P2P Cryptocurrency Lending Grows Increasingly Popular in China

P2P Cryptocurrency Lending Grows Increasingly Popular in China China is reportedly witnessing a surge in peer-to-peer (P2P) cryptocurrency lending amid the country’s recent liquidity crunch and the virtual currency markets’ bear season. Despite regulatory uncertainty, entrepreneurs are reportedly eying opportunities in the nascent industry. Also Read: Theories Abound After BTC Leaps […]