Search Results for "loan"
Binance Expands Loanable Asset Offerings on Flexible Rate and VIP Loan Programs
Binance introduces new loanable assets under its Flexible Rate and VIP Loan programs, enhancing options for users seeking cryptocurrency-backed loans.
Floating Rate Instruments Gain Traction Amid Economic Uncertainty
As interest rates remain volatile, floating rate notes (FRNs) and collateralized loan obligations (CLOs) emerge as attractive options for income while mitigating rate risk.
Pencil Finance Launches On-Chain Capital for Student Loans
Pencil Finance pioneers on-chain capital for student loans, deploying $1 million to support education in the Philippines and Indonesia, demonstrating blockchain's potential in educational financing.
Hong Kong Reports Decrease in Negative Equity Residential Mortgages by Mid-2025
The Hong Kong Monetary Authority reports a decline in negative equity residential mortgage loans to 37,806 cases by June 2025, reflecting a modest improvement in the housing market.
Binance Launches $500M Fund for Distressed Bitcoin Miners
Private and publicly-listed bitcoin miners can now apply for loans with Binance as the crypto exchange launched a $500 million fund to cope with the ongoing downturn of the crypto-market conditions.
WOOFi Exploited on Arbitrum, Swift Response Contains Threat
WOOFi, a decentralized exchange, suffered an $8.5 million exploit on Arbitrum due to token price manipulation. The platform swiftly contained the threat and is working to retrieve funds and enhance security.
Bitfarms Settles Debt with BlockFi
Bitfarms and BlockFi collaborate via Backbone Mining Company, a completely owned subsidiary.
Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"
Set out to rid the decentralized finance space, free from scammers, DeFi creators tried to patent the term ‘DeFi’. However, this was short-lived as the United States Patent and Trademark Office rejected the registered application last January.
Euler Finance suffers $197M DeFi hack
Decentralized finance (DeFi) protocol Euler Finance lost nearly $197 million in a flash loan attack on March 13, impacting more than 11 other DeFi protocols. The vulnerability remained on-chain for eight months despite a $1 million bug bounty in place. Euler Finance disabled the vulnerable etoken module and vulnerable donation function, and has reached out to security firms and the ETH security community to help with the investigation and recover the stolen funds.
Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity
Bitfarms has now relied on sales of some of its mined Bitcoins and borrowings to fund its capital expenditure and improve its liquidity.
MicroStrategy Acquires More Bitcoin Amid Market Recovery
MicroStrategy has acquired 6,455 Bitcoin for $150 million and repaid its $205 million loan to Silvergate at a 22% discount, according to a filing with the US SEC. The company now holds a total of 138,955 BTC, bought for $4.1 billion at an average price of $29,817 per coin. MicroStrategy also sold class A common stock worth $500 million and acquired BTC between Feb. 16, 2023 and March 23, 2023.
The Wormhole hack: hacker shifts $155 million
On January 23, a DEX received $155 million in Ether. The Wormhole attack, which lost 120,000 Wrapped ETH on Feb. 2, was 2022's third biggest crypto heist.