Enova International reported a 27% year-over-year increase in loan originations for Q2 2026, reaching nearly $2.3 billion, driven by resilient consumer spending and rising small business confidence. The company's total loans and finance receivables rose 28% to a record $5.5 billion, while its net charge-off ratio improved to 7.3%, reflecting better credit conditions. CEO Steve Cunningham highlighted stable economic factors like steady wages and moderating inflation supporting growth. Enova also plans to finalize its acquisition of Grasshopper Bank in the second half of the year, aiming to expand geographically and reduce funding costs.
Bitcoin Improvement Proposal 110 (BIP-110), which aims to limit data-heavy Ordinals on the Bitcoin blockchain, faces uncertain activation due to low miner support. Blockstream CEO Adam Back downplays fears of a forced Bitcoin chain split, explaining ...
Strategy, formerly MicroStrategy, introduced new Bitcoin financial metrics to clarify the actual Bitcoin value available to common shareholders after accounting for $22 billion in lender and preferred investor claims. The company holds about 843,775 ...
Leading cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin dropped sharply amid ongoing US strikes on Iran entering their 13th day, which heightened geopolitical risks and reduced investor appetite for risk. Bitcoin fell back to the mid-$64,0...
Bitcoin fell below $65,000 following the Trump administration's announcement of new global tariffs ranging from 10% to 12.5% on imports from 60 countries, targeting forced labor concerns. This move adds pressure to the already cautious crypto market ...
Ripple has launched Ripple Mint, a platform that simplifies how institutions access its regulated RLUSD stablecoin. The platform offers tools for minting, redeeming, and managing RLUSD via web or API, supporting both manual and automated workflows. R...
