Sberbank Issues First Crypto Backed Loan in Russia
In recent developments, local media reports indicate that Sberbank, Russia’s largest banking institution, issued a loan to a local miner using cryptocurrency as collateral. While the transaction is just a…
Ledn Launches Open Book Report Amid Bitcoin Lending Boom
In recent developments, ledn unveils a monthly Open Book Report to benchmark transparency as banks enter the bitcoin‑backed loan market. Ledn, one of the world’s largest bitcoin lenders, announced that…
OpenAI Sought Government Loan Guarantees Days Before Sam Altman’s Denial
In recent developments, openAI’s letter to the White House requested federal loan guarantees for AI infrastructure, contradicting CEO Sam Altman’s claim that the company doesn’t want government support. Looking closer,…
