The Crypto Lending Market and Crypto Mining Explained
Hello everyone,
In autumn 2018, the hash power of Bitcoin dropped, meaning that many miners were switching off their mining operations. However, mining can still be profitable — check our newest articleand get to know more about this, as well as how mining pools work and what cloud mining is.
If you want to know more about the benefits of crypto-backed loans, or whether crypto-backed lending will take the industry by storm soon, don‘t forget to read the article from the previous week “All You Need to Know About Crypto-Backed Loans”.
In company news, we‘re looking for a new team member to join HODL Finance, who will work in the areas of Communications & Marketing. We are seeking a fast-learner with a responsible attitude and we hope that this new specialist will join our company from the upcoming month!
Lastly, check the most important crypto-news this week in our CRYPTO NEWS section and keep up to date with the constantly changing crypto-world!
Thank You for being with us, have a great week,
Vytas
Managing Director @ HODLFinance
IN THE SPOTLIGHT | CRYPTO NEWS
- The crypto lending market is expanding quickly despite decreases in the value of cryptocurrencies.
- A member of congress in the U.S.A has reintroduced a bill to “provide regulatory clarity for cryptocurrency companies”.
- The South African Reserve Bank is set to regulate cryptocurrency, and have published a paper about cryptocurrency regulation.
- Grocery stores in America are now selling bitcoin at Coinstar kiosks.
- Due to a computer error, South Korean exchange Coinzest accidentally airdropped $5 million worth of assets to customers.
- Also in South Korea, two executives from the exchange Komid were given prison sentences for falsifying trading volume.
- New Zealand crypto trading platform Cryptopia was hacked, it is suspected that $2.4 million Ether may have been stolen.
- WWF has launched a blockchain tool to track food along the supply chain.
HODL Finance is the European digital lending company. HODL Finance issues loans backed by cryptocurrency and other digital assets. Founded by the shareholders of the peer-to-peer lending platform, Savy, HODL Finance now serves clients around the world.
