Pencil Finance completes $1M onchain lending cycle for 6.6K students in Southeast Asia
Pencil Finance said that its firstofakind loan offered financing to 6,600 students in Southeast Asia who were underserved by traditional lenders.…
More Markets lending reserve drained for $9.3M: Blockaid
Blockaid said an attacker used an Ankr liquid staking token and Emode to overborrow from More Markets and drain about $9.3 million in WFLOW from a lending…
Cronos halts blockchain after $75 million lending exploit hits lending app Tectonic
An attacker allegedly pushed Tectonic’s thinly traded TONIC token up 100fold, used it as collateral to borrow real assets and left most funds stranded when…
Bullish provides USD.AI $100M stablecoin facility for GPU-backed lending
The institutional crypto exchange is providing $100 million in stablecoin liquidity to support loans backed by AI computing infrastructure. Source:Cointelegraph
MoonPay’s newest integration lets AI agents handle crypto lending on Solana
Source:CoinDesk
Dallas Fed warns tokenized deposits could strip $700 billion from U.S. banks' lending capacity
Programmable deposits and AI agents may enable instantaneous, automated bank switching for higher yields, driving up bank funding costs. Source:CoinDesk
Make these 7 money moves before taking out a private student loan
After the federal government put new limits on certain types of studentloan borrowing this summer, lending experts expect more students to turn to private…
Ethereum lending app Term Finance loses $8.5 million after attacker buys voting power
The exploit shows how lightly held voting tokens can become a means of attack when control of a protocol is cheaper than the assets it governs. Source:CoinDesk
MiCA is coming for DeFi vaults, but regulation will be difficult
Brussels is reviewing whether crypto lending should fall under MiCA, but DeFi lending vaults are making it harder to determine who, exactly, should be…
Ripple backs an RLUSD credit fund amid XRP's best week in months
Clearpool and Cicada Partners are building an institutional lending product using RLUSD, though the XRP Ledger features underpinning it are still awaiting…
FalconX, Ethena bring USDe backing assets into $1B institutional credit facility
The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis…
America’s growing debt pile will be the big focus Wednesday as global bond rout deepens
How much will the U.S. need to pay to convince the world to keep lending it money? Source:MarketWatch