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Genesis Doubles Crypto Loan Issuance for the Third Quarter to $5.2 Billion


Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020, more than double its previous record of $2.2 billion in the preceding quarter. Issued to corporate borrowers such as hedge funds and trading firms, the loans are mainly denominated in bitcoin (BTC), ether (ETH)...

Lightning Network Exploits Continue to Hinder the Bitcoin Scaling Solution


While bitcoin has run-up to all new price highs in 2020, a great number of crypto supporters have been complaining about the mempool backlog and the high fees needed to send a transaction. Meanwhile, the Lightning Network is far from seeing widespread adoption, and a number of attack vectors have...

John McAfee Pumps Crypto From Prison, Denies Tax Fraud and Murder Charges


John McAfee has shared many details about his life in Spanish prison and chances of extradition to the U.S. He additionally claims to have regained control of his ghost cryptocurrency project. Prison Life ‘Is an Adventure’ Former U.S. presidential candidate and antivirus software tycoon...

$1.1 Billion Crypto Ponzi: Masterminds of Wotoken Head to Prison in China


A Chinese court has confirmed the sentencing of the masterminds behind the 7.7 billion yuan Chinese Ponzi scheme Wotoken, which had over 715,000 investors. Wotoken Scammers Sentenced to Prison The Intermediate People’s Court of Yancheng city, Jiangsu province, denied an appeal by four...

Crypto Is Less Scary Than Halloween


The great Twitter hack of 2020 highlighted the scariest thing about crypto: being tricked by scams. Here is how to avoid being a victim

Investing in Bitcoin, Adopting Crypto, Launching CBDC and 20 Crypto Jokes


This last week of crypto October was an interesting one. It started with crypto market sentiment dropping out of the positive zone, and then we learned that bitcoin was outperformed by several coins in the past year, but still has more holders profiting, that the pandemic crisis has been driving...

Bitcoin.com Exchange Reveals Role in the Cryptopia Rescue Group


The world-class trading platform, Bitcoin.com Exchange announced it’s participating in the Cryptopia Exchange rescue consortium in order to help redistribute coins to customers. Bitcoin.com’s trading platform will provide an exchange environment in order to bolster the Cryptopia Rescue...

bitFlyer to Pioneer Blockchain-powered Home Rentals Platform


The Japanese trading company and business giant Sumitomo is set to team up with bitFlyer, a major Japanese crypto exchange, to jointly build a blockchain-powered real estate rental and property management platform that its masterminds said will help digitize the entire house rental process for both...

Crypto Lending Boom, JustLink vs. Chainlink, USD 1m DeFi Bounty + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news Full-service crypto prime broker Genesis said that its lending business added over USD 5.2bn in new originations in...

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