Counterparty Risk in Bitcoin Exchanges: OKEx

Hong Kong-based Bitcoin exchange OKEx has a big problem. And this problem reminds us about exchanges. Whether decentralized or not, there is a potential risk with exchanges from the exchange itself, like when Bitfinex was hacked back in August of 2016 when 120,000 BTC were stolen. This is known as counterparty risk and we always have … Read moreCounterparty Risk in Bitcoin Exchanges: OKEx

Amazon, PayPal & EBay Expand Lending Options

The mantra in marketplace lending is to build, buy or partner. When people say this they are talking about fintech firms and banks and how they should work together. One side left out of this equation is fintech platforms getting into lending for their own customers like Amazon, Paypal, or EBay. All are or soon … Read moreAmazon, PayPal & EBay Expand Lending Options

Puerto Rico: Where Bitcoin is a Force for Good

  Bitgive is a long-running Bitcoin-based charity since 2013. Brian Armstrong, Coinbase CEO (link down the right side if you want to use CB to buy or sell crypto) just announced his crypto-based charity fund GiveCrypto. The Pineapple Fund distributed millions in crypto to various charities. What does this have to do with a map of Puerto Rico? … Read morePuerto Rico: Where Bitcoin is a Force for Good

The Challenges of Small Business Marketplace Lending part 1

Marketplace lenders are having a tough time getting a combination of consistent volume and good loan portfolio performance from business lending. Why is small business lending so difficult to master? Is it tougher to understand than consumer lending? Most people say yes. When I was at Lend360 in Dallas last fall, I heard a presentation from … Read moreThe Challenges of Small Business Marketplace Lending part 1

How Much Should I Invest in Peer to Peer Lending?

How much should I invest in peer to peer lending? I get this question every week and like many investment related questions, the answer is it depends. Remember, everyone’s financial situation is different and I’m not a financial advisor….. While the real answer is it depends, there are some things you should look for when … Read moreHow Much Should I Invest in Peer to Peer Lending?