Tag: loan
Biden Cancels $1.2 Billion in Student Loan Debt for 150,000 Borrowers
With the latest round of relief, the Biden administration has canceled $138 billion of student debt for nearly 3.9 million borrowers.
www.nytimes.com [...]
Biden Cancels Another $5 Billion in Student Loan Debt
Most of the borrowers who will benefit from the latest wave of relief are teachers, nurses, firefighters and others in public service.
www.nytimes.co [...]
Student loan costs to balloon £10bn a year – IFS report
The Institute of Fiscal Studies says higher interest rates have increased costs of financing the system.
www.bbc.co.uk [...]
As Student Loan Collections Restart, Millions Are Not Yet Paying
After a pandemic freeze, 22 million people received their first bill in years in October — and around 60 percent paid, the government said.
www.nytim [...]
Asia Fund Picks Up Majority Stake in The Block, Buys Out Shares Tied to Sam Bankman-Fried Loan
Singaporean venture capital firm Foresight Ventures has bought a majority stake in The Block, with the crypto media outlet being valued at $70 million [...]
Justice Thomas’s R.V. Loan Was Forgiven, Senate Inquiry Finds
The justice failed to repay much, perhaps all, of the $267,230 loan. His benefactor wiped the slate clean, with ethical and potential tax consequences [...]
Platypus DeFi loses $2.2M in another flash loan exploit
Decentralized finance (DeFi) protocol Platypus has lost over $2 million in assets after suffering another flash loan exploit on its platform. The prot [...]
Real-World Asset Loan Worth $20M Sours on DeFi Platform Goldfinch, Bringing RWA Lending Under Scrutiny
The development follows the default of a $5 million loan on Goldfinch made to an African robotaxi company.
www.coindesk.com [...]
Biden Cancels an Additional $9 Billion in Student Loan Debt
The move comes just three days after student loan repayments resumed following a three-year pause.
www.nytimes.com [...]
Curve Finance founder cuts debt to $42.7M, settles entire Aave loan
Michael Egorov, the founder of decentralized finance (DeFi) protocol Curve, has recently settled his loans on the lending platform Aave, reducing his [...]
Binance CEO refutes report on $250M loan to BAM Management
Binance CEO Changpeng Zhao has disputed a recent report that claimed the executive took a $250 million loan from BAM Management, a firm that acts as B [...]
Sentiments on hold for Fed meeting, China’s loan prime rate in focus
Further de-risking took hold of Wall Street overnight, as the usual caution persisted in the lead-up to the Federal Open Market Committee (FOMC) meeti [...]
Quantstamp’s New Service Aims to Stop Flash Loan Attacks Before They Occur
“DeFi has the potential to change the global financial infrastructure for the better, but its success requires preempting threats like flash loan atta [...]
Stock Indices Steady as PBOC Reduces its 1-Year Loan Prime Rate to a Record Low
Article by IG Senior Market Analyst Axel RudolphFTSE 100, CAC 40, Nasdaq 100 Charts and AnalysisFTSE 100 stabilises at supportFollowing six conse [...]
DeFi Protocol Abracadabra Wants to Charge 200% Interest on Curve Founder’s $18M Loan
All proceeds from such a strategy will be kept in Abracadabra’s treasury and be used to reduce the DAO risk associated with the liquidity conditions a [...]