Russian VC Life.Sreda made a killing when it exited Simple and is looking to invest some of that bounty into Square-type tech firms and P2P operations, reports Ilya Khrennikov.
P2P? Depends who you ask
Institutional investors account for up to 90% of loans made on Prosper and Lending Club. Those who say that is fine point to increased capital access for borrowers while detractors say it limits disruption. Zopa is proof you can make a difference and a buck without including institutions, writes Nav Athwal.
Purported Bitcoin creator denying role, suing Newsweek, accepting Bitcoin in defense fund
Dorian Nakamoto says he didn’t create Bitcoin, and is suing Newsweek for saying so. He has started a defense fund to cover his expenses and is accepting Bitcoin payments. Cassandra Khaw finds that ironic.