student loans
Pencil Finance Launches On-Chain Capital for Student Loans
Pencil Finance pioneers on-chain capital for student loans, deploying $1 million to support education in the Philippines and Indonesia, demonstrating blockchain's potential in educational financing.
University of Utah Paid Out $450k to Ransomware Gang to Prevent Student Data Leak
The University of Utah paid a hefty sum of $457,059.24 to a ransomware gang to prevent compromised student data from being leaked online.
Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients
Coinbase announced yesterday that it was going to offer Bitcoin-backed loans to their US customers, set to be in effect for fall of this year.
Bitcoin Association Bestows First-Ever Satoshi Nakamoto Scholarship to PhD Student
Bitcoin Association, a leading global organization for Bitcoin business, has revealed its first-ever Satoshi Nakamoto Scholarship to a 2nd year Cambridge University Phd student undertaking human genomics. Robin Kohze is the beneficiary of the scholarship after he successfully took part in a series of blockchain competitions, whereby he emerged second at Bitcoin Association’s 2nd Bitcoin SV Hackathon.
Marketlend Launches New Stablecoin Against the Australian Dollar for Security Token Purchasing
Marketlend creates a digital currency to be backed by the Australian dollars to create a secondary market for corporate loans prompting a means through which assets can be tokenized over the blockchain.
TRX Mortgage Lending Platform Now Available to Public On TRON’s Nile Testnet
The Tron Foundation announced that the TRON TRX mortgage lending platform which is being launched on the Nile test net is available for the public testing phase, according to a medium post on Monday. The foundation believes that the platform will expand the quality of Tron ecosystem and foster awesome ecological prosperity within the loans sector.
EU’s Latest Coronavirus Recovery Deal: What’s Wrong with Fiat and What’s Right with Crypto
The recovery fund spearheaded by the EU is made up of €390 billion in grants and €360 billion in loans, which will be added to a new Multiannual Financial Framework (MFF), with the sum of €1.074 trillion as a seven-year budget. The heads of state and government have reached a unanimous agreement, resulting in a total financial package of €1.82 trillion.
Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027
Fortune Business Insights, a leading publisher of market research reports, has revealed that the blockchain-as-a-service (BaaS) sector will escalate to $24.94 billion by 2027 from $1.9 billion recorded in 2019, representing a compound annual growth rate (CAGR) of 39.5%. This uptrend will be fueled by small and medium enterprises (SMEs) as they are viewing blockchain technology as an optimal solution for the numerous challenges they face, like access to bank loans, trade financing, and cash flow difficulties.
Students at Texas-based University Accorded with Blockchain-Powered GreenLight Credentials
The University of North Texas (UNT) in Dallas has unveiled GreenLight Credentials, a blockchain-enabled academic records verification platform, for its students, giving them more control of their transcripts.
Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3
Genesis records rising demand for cash and stablecoins
Global Currency Organization Launches New USD Stablecoin USDD
The Global Currency Organization (GCO) has launched a new USDD token, a US dollar-backed stablecoin, intended for revenue sharing in institutions.
Bitcoin on Showtime: Winklevoss Biographer Writes BTC Mining Plot for Billions
Sunday’s episode of the Showtime series Billions featured a cryptocurrency mining scheme being executed in a prep school.
Mongolia’s Oldest Bank Will Soon Offer Comprehensive Crypto Services
Mongolia’s Trade & Development Bank (TDB Bank), one of the oldest and largest banks in the nation, has announced plans to enter the crypto space.