BankProv Stops Offering Loans Collateralized With Crypto Mining Machines
The crypto-friendly bank wrote off $47.9 million in loans last year, primarily mining rig-collateralized debt.
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Jan 31, 2023 at 1:33 p.m. UTC
Jan 31, 2023
BankProv
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BankProv Launches Payments Network for Crypto Customers
The network will compete with the Silvergate Exchange Network and Signature’s Signet in the 24/7 real-time payments market.
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Jul 22, 2021 at 8:52 p.m. UTC
Jul 22, 2021
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Anchorage Digital to Offer Ethereum-backed Loans Through FDIC-Insured BankProv
Digital asset platform Anchorage Digital is expanding its lending service with ethereum backed loans through Bank Prov a traditional Massachusetts based bank formally known as Provident Bank This is the first time the crypto custody bank has extended ETH backed loans through a traditional FDIC insured bank Diogo Mónica of Anchorage Digital explains how this [...]
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Jun 8, 2021 at 2:22 p.m. UTC
Jun 8, 2021
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Anchorage to Offer Ethereum-Backed Loans Through BankProv
This is the first time Anchorage has extended ETH-backed loans through a traditional, FDIC-insured bank.
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Jun 3, 2021 at 1:00 p.m. UTC
Jun 3, 2021