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Helio Lending Establishes U.S.A. Office and Hires Head of Global Business Development

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Melbourne, Victoria–(Newsfile Corp. – December 17, 2020) – Helio Lending Pty Ltd, a privately held company based in Australia, which has built a unique and propriety platform enabling loans secured by certain cryptocurrencies, is pleased to announce it has established San Francisco as its home base for US operations. In addition, the Company is excited to announce the hiring of Min H. Kim former Director of Marketing at Huobi U.S., the U.S. strategic partner of Huobi, a top cryptocurrency exchange. Ms. Kim has also served as Senior Director of Marketing and Business Development at Cred, Inc. a cryptocurrency lender as well as an early employee at TRON Foundation in Business Development. Ms. Kim began her career working with Tim Draper at Draper University, a pre-accelerator program for entrepreneurs. As Senior VP Global Business Development for Helio Lending, Ms. Kim is responsible for establishing and managing the Company’s day-to-day US operations. In particular, she will oversee the expansion of Helio Lending’s US operations, its cryptocurrency loan portfolio, and its partnerships.

Ms. Kim commented, “Having had the pleasure of meeting the Helio Lending team, Directors, and Advisors, I am truly grateful and excited for the opportunity to serve in such an important role for Helio Lending. I have spent the majority of my career in building relationships within the crypto space and was fortunate enough to have crossed paths with, and learn from, some of the most successful crypto entrepreneurs who are considered pioneers in the space. I am a firm believer that crypto collateralized lending is here to stay as one of the fastest growing mainstream use cases. The total addressable market is in the Billions. Helio Lending’s lending platform offers scalability with a competitive product offering of lower rates and higher LTV. All of which made choosing to join Helio Lending a no-brainer.”

John O’Shea, Helio Lending Founder, Chairman and CEO stated, “We recently announced our intent to commence hiring with expansion plans into the US and are pleased to show progress on both fronts. We’ve established San Francisco as our home base in the US and are enthusiastically pleased to announce the hiring of Min Kim to head up our US operations. Min’s resume and accomplishments as a self-starter, entrepreneur and advisor to dozens of startups in the crypto space speak for themselves. We look forward to a mutually rewarding endeavor as we enter 2021 with some solid momentum and a crypto-lending industry that is bursting at the seams. In other news connected to Helio expanding and establishing operations in the US, the Company has engaged counsel to perform exploratory due diligence on a possible change of control transaction through which Helio Lending would potentially merge with a US publicly listed company and become the majority shareholder.”

Bio – Ms. Min H. Kim: SR. VP Global Business Development, Helio Lending USA.

Ms. Kim is a leading blockchain, cryptocurrency and crypto-lending expert and advisor, having guided the growth of numerous companies in the crypto space. Min has engaged with more than 30+ startups in the crypto space as a marketing and partnerships consultant including some of the largest crypto startups out of India, Vietnam, China, and Russia. Ms. Kim currently serves as SR.VP Global Business Development for Helio Lending where she is overseeing the expansion of Helio Lending’s operations and cryptocurrency loan portfolio, as well as establishing North American operations for the Company. Most recently she served as Head of Marketing and Business Development at Cred, Huobi US, and was the first U.S. employee at TRON Foundation. From the early days of her career, she has surrounded herself with some of the most successful and influential crypto business leaders including having begun her crypto career working with Tim Draper on blockchain initiatives.

A Dartmouth College graduate, Ms. Kim is fluent in four languages and has a passion for entrepreneurship and social networking. Ms. Kim is the founder of BLOCULTURAL (pronounced, block-cul-tu-ral) an advisory company that specializes in planning blockchain events and assists crypto companies with marketing, PR, community building, and coordinating investor dinners.

For more information, please visit:

https://www.linkedin.com.minkim
https://twitter.com/minittowinit
https://www.blocultural.com

CONTACT INFORMATION:

For employment opportunities, media and all other inquiries, please contact:

[email protected]
[email protected]
John O’Shea
Founder and CEO, & Chairman
CYIOS Corp.

Follow Helio Lending using:
https://twitter.com/heliolending

About Helio Lending

Founded in 2018 by our Chairman Mr. John O’Shea, Helio Lending is a cryptocurrency lender, with headquarters in Australia. Recognized as the first to market in Australia, Helio Lending was the first independent crypto lending company to actively lend within Australia under an Australian Credit License.

Helio lending provides holders of certain cryptocurrency (such as Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Litecoin and Ripple) with a safe and secure way to access fiat funds, without selling any of their cryptocurrency.

Helio Lending takes care of the entire lending process, and will give holders of cryptocurrency (such as Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Litecoin and Ripple) safe and secure access to fiat funds, without selling any of their cryptocurrency. Beginning with KYC and AML checks, arranging lending agreements, securing collateral in insured cryptocurrency wallets, funding loans, monitoring the value of the cryptocurrency assets and servicing the terms of each individual contract on a 24/7 basis.

Using Distributed Ledger Technology allowing transaction and settlement without counterparty risk, Helio Lending enables holders of digital assets to use certain digital assets as collateral. Helios Lending’ technology electronically monitors the price of the Approved Digital Assets such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple to allow access to these credit and fiat currencies.

For more information, please visit: https://heliolending.com/.

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements.” Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” & other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company’s actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered w/ these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety

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The anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to stir anxiety within the cryptocurrency market. This significant influx of Bitcoin, which has been tied up since the collapse of the Mt. Gox exchange in 2014, raises questions about its potential impact on market dynamics and investor sentiment.

The return of these long-dormant Bitcoin holdings may lead to increased volatility and uncertainty in the cryptocurrency market. Market participants are likely to closely monitor the movement of these funds and assess their potential impact on Bitcoin prices and overall market stability.

Additionally, the large-scale return of Bitcoin from the Mt. Gox era may trigger concerns about potential selling pressure and its effect on market liquidity. Investors may anticipate fluctuations in Bitcoin prices as these funds are reintroduced into the market and traded.

Furthermore, the return of these Bitcoin holdings highlights the ongoing legal and regulatory challenges associated with the Mt. Gox saga. The resolution of this long-standing issue could have far-reaching implications for investor confidence and the perception of security within the cryptocurrency ecosystem.

Overall, the anticipated return of $9 billion worth of Bitcoin from the Mt. Gox era has the potential to evoke anxiety among market participants and prompt heightened scrutiny of market dynamics. As the cryptocurrency market braces for this significant development, it remains to be seen how it will navigate the potential challenges and opportunities presented by the return of these funds.

Source: blockchain.news

The post Anticipated Return of $9B Mt. Gox-era Bitcoin May Spur Market Anxiety appeared first on HIPTHER Alerts.

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Blockchain

Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration

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Binance is currently embroiled in a legal dispute in Canada over allegations of selling cryptocurrency derivative products without proper registration. This lawsuit underscores the regulatory challenges facing the cryptocurrency exchange in various jurisdictions.

The lawsuit accuses Binance of offering crypto derivative products to Canadian investors without obtaining the necessary registration from Canadian securities regulators. This legal action highlights the importance of compliance with regulatory requirements in the cryptocurrency industry, particularly concerning the sale of derivative products.

Binance’s legal woes in Canada reflect broader concerns about regulatory compliance and investor protection within the cryptocurrency sector. As authorities worldwide increase scrutiny of cryptocurrency exchanges and trading platforms, companies like Binance face mounting legal and regulatory challenges.

The outcome of this lawsuit could have significant implications for Binance and the broader cryptocurrency industry in Canada. Depending on the court’s ruling, it could lead to increased regulatory oversight and stricter enforcement measures for cryptocurrency exchanges operating in the country.

In response to the lawsuit, Binance has stated that it is committed to compliance with all applicable laws and regulations in the jurisdictions where it operates. However, the outcome of this legal dispute will likely shape the regulatory landscape for cryptocurrency exchanges in Canada and influence their future operations and compliance efforts.

Source: blockchain.news

The post Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration appeared first on HIPTHER Alerts.

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Blockchain

Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development

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cardano-foundation-launches-pragma:-a-new-chapter-in-open-source-blockchain-development

The Cardano Foundation has announced the launch of Pragma, marking a significant milestone in open-source blockchain development. Pragma aims to revolutionize Cardano by enhancing its infrastructure through innovative open-source projects.

Pragma represents a new chapter in the evolution of Cardano, focusing on improving its underlying infrastructure and expanding its capabilities. The initiative underscores the Cardano Foundation’s commitment to fostering innovation and driving progress within the blockchain ecosystem.

By leveraging open-source projects, Pragma seeks to enhance Cardano’s functionality and scalability, paving the way for broader adoption and increased utility. These efforts are expected to unlock new opportunities for developers and users alike, further cementing Cardano’s position as a leading blockchain platform.

Pragma’s launch highlights the ongoing evolution of Cardano and its commitment to pushing the boundaries of blockchain technology. Through collaborative open-source development, Pragma aims to address key challenges and drive continuous improvement within the Cardano ecosystem.

The Cardano Foundation’s announcement of Pragma signals a significant step forward in its mission to build a decentralized and sustainable blockchain infrastructure. With Pragma, Cardano is poised to embark on a new era of innovation and growth, setting the stage for a future of unprecedented possibilities in blockchain development.

Source: cryptonews.com

The post Cardano Foundation Launches PRAGMA: A New Chapter in Open-Source Blockchain Development appeared first on HIPTHER Alerts.

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