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Fintech

Fintech
·Jul. 25, 2022

Crypto Lender BlockFi Had $1.8B in Open Loans at End of June and $600M of Exposure

The company has released a quarter-end snapshot of a number of operating statistics.
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Fintech
·Jul. 25, 2022

They Thought ‘Crypto Banks’ Were Safe, and Then Came the Crash

Crypto firms like Celsius and Voyager pitched themselves as good alternatives to traditional lenders.
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Fintech
·Jul. 25, 2022

Top 10 Fintech Stories for the Week Ending July 23, 2022

As always it was a busy news week with Washington getting ready to regulate stablecoins leading our top 10 fintech news stories...
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Fintech
·Jul. 25, 2022

Aptos Labs Raises $150M to Revive Diem in FTX Ventures-Led Funding Round

The team looking to bring the Diem blockchain back to life raised $150 million in a Series A round.
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Fintech
·Jul. 25, 2022

Silvergate CEO Sees More Near-Term Pain for Crypto but Still Bullish on Bitcoin Lending

Silvergate posted strong second-quarter earnings, outperforming its crypto peers’ due to strong risk management.
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Fintech
·Jul. 25, 2022

Why DeFi Might Be Safer Than Traditional Finance

Transparency, overcollateralization and automation all make decentralized finance dramatically different from traditional services. That might mean there are fewer systemic risks – or just that there are entirely new risks.
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Fintech
·Jul. 25, 2022

Podcast 376: Meredith Carter to Context Business Lending

In this episode, the CEO of Context Business Lending, Meredith Carter, talks asset-backed lending and why it is ripe for disruption today...
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Fintech
·Jul. 25, 2022

Insolvency rumors envelop Coinbase, but CEO Brian Armstrong says it’s all growing pains

According to leaked emails, Coinbase is temporarily shutting down its affiliate program. The emails were received by two creators and shared with Business Insider, which was where they were originally published. The emails show that the payment plans being offered by Coinbase now are significantly smaller than previous ones. 
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Fintech
·Jul. 25, 2022

TransUnion fights CFPB ‘Groundhog Day’ lawsuit  

The credit reporting agency is trying to get a CFPB lawsuit dismissed by claiming the consumer bureau didn’t sign off on a 2017 consent order for the same violations.
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Fintech
·Jul. 25, 2022

Qonto Announces Plan to Acquire Penta

One of the prominent European financial technology companies, Qonto recently announced its intention to acquire Penta, a German fintech firm.
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