Marex invests in Digital Prime to expand institutional crypto lending
The undisclosed investment will support the development of Tokenet, a digital asset lending platform, as institutional demand for crypto infrastructure…
Upstart’s AI upgrades pay off, as a pickup in loan growth helps send the stock higher
The AI lending company says it’s enhanced its model to better assess the risk of borrowers. Source:MarketWatch
Bybit adds tokenized Nvidia, Apple, Tesla stocks as loan collateral
Eligible retail and institutional users can use tokenized shares of Nvidia, Apple, Tesla and three other US companies across Bybit’s trading and lending…
Federal Reserve Board requests comment on a proposal to modernize its rule governing the extension of credit to bank "insiders"—bank executives, board members and major shareholders who could potentially influence a bank's lending decisions
Federal Reserve Board requests comment on a proposal to modernize its rule governing the extension of credit to bank "insiders"—bank executives, board members…
Robinhood posts record quarter, but crypto revenue slides 38%
The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency…
Brazilian farmers tokenized dairy cows to get loans, bypassing bank lending limits
Smart collars monitor herd health in real time to prevent fraud, allowing local agricultural businesses to secure thousands in funding backed by livestock.…
SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws
The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws depending on how they are…
Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults
An attacker fed the lending system a fake, abnormally low bitcoin price, liquidated vaults that should have been safe, and pocketed the difference in a single…
Federal Reserve Board issues enforcement action with former chief lending officer of Heritage State Bank
Federal Reserve Board issues enforcement action with former chief lending officer of Heritage State Bank Source:Federal Reserve
UK government defers capital gains on certain crypto with ‘no gain, no loss’ approach
The change in tax policy, expected to impact about 700,000 people in the UK, was related to the disposal of crypto in lending and liquidity pools.…
Japan’s SBI to launch yen stablecoin lending with 3% yield
SBI VC Trade will open JPYSC lending applications on July 16, offering an initial 3% annual rate for a 12week term without deposit insurance.…
Condos are getting cheaper — but list prices don’t include this fast-growing hidden cost
New lending requirements, rising insurance premiums and aging buildings have contributed to the rising cost of condo ownership. Source:MarketWatch