Loan

Bybit Turns To Bitget And Binance For $239 Million ETH Loan Amid Withdrawal Spike

by
Bybit

Bitbit, a popular crypto exchange, has a massive hack worth 1.5 billion US dollars in digital assets. According to reports, the hackers were aimed at the cold wallet of the Crypto Exchange, an offline storage system, in order to steal the assets of the Exchange in particular. On-chain data show that the stolen funds were … Read more

Galoy Launches Bitcoin-Backed Loan Software, Sets Groundwork For Open-Source Banking

by
Galoy Launches Bitcoin-Backed Loan Software, Sets Groundwork For Open-Source Banking

Founder: Nicolas Burtey Date founded: September 2019 Position of the headquarters: United States Number of employees: 11 Website: https://www.galoy.io/ Public or private? Private Last week, Galoy launched wool, software that allows banks to accept bitcoin as a guarantee for loans. Lana helps the banks of the community and challenger (the banks with which Galoy is … Read more