Tag: loan
Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk
Abracadabra Money, a cross-blockchain lending platform, has proposed increasing the interest rate on its outstanding loans to manage risks associated [...]
FOREX-Dollar gains after Fed loan survey, yen slips
(Updates monthly gains, losses; adds prices at 4:07 p.m. ET; adds graphic) By Herbert Lash NEW YORK, July 31 (Reuters) - The dollar strengthened on Mo [...]
Marie Gluesenkamp Pérez’s Business Targeted With Bad Reviews After Student Loan Vote
Dean’s Car Care, an auto repair shop in Portland, Ore., used to regularly rack up five stars and gushing accolades on Yelp and Google Reviews for its [...]
MakerDAO Votes to Halt Lending to Tokenized Credit Pool After $2M Loan Default
The embattled Harbour Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2 [...]
DeFi borrower uses luxury watch-backed NFT as collateral for a loan
A nonfungible token (NFT) collector shared the story of how a decentralized finance (DeFi) loan was collateralized through a luxury watch and was faci [...]
Student loan forgiveness decision by Supreme Court to hit retailers
A shopper goes through shirts in the kids section at Old Navy in Denver, Colorado.Brent Lewis | Denver Post | Getty ImagesBy striking down student deb [...]
Student Loan Borrowers React to Supreme Court Decision
Friday’s Supreme Court decision striking down President Biden’s plan to cancel up to $20,000 in federal student loan debt for millions of borrowers wa [...]
Student Loan Forgiveness Opinions and Dissent: Key Highlights
Justice Amy Coney BarrettIt is obviously true that the Secretary’s loan cancellation program has “vast ‘economic and political significance.’” Utility [...]
Republican Presidential Candidates Celebrate Student Loan Ruling
Much of the Republican field of presidential candidates was unanimous in praising the Supreme Court’s decision on Friday to reject President Biden’s s [...]
Tokenized FTX claim is used as collateral for a loan
A creditor of now-bankrupted crypto exchange FTX pledged a claim as collateral for a loan in the decentralized finance (DeFi) protocol Arcade. The tra [...]
Ford’s Battery Joint Venture to Get $9.2 Billion Government Loan
Ford Motor and its battery manufacturing partner will receive a $9.2 billion loan to build three battery factories in Kentucky and Tennessee, the Depa [...]
Student Loan Pause Is Ending, With Consequences for Economy
A bedrock component of pandemic-era relief for households is coming to an end: The debt-limit deal struck by the White House and congressional Republi [...]
Trader Makes Just $3 in Profit From $200 Million Flash Loan
A flash loan is a type of loan that is received and paid back within a single block without any upfront collateral. In this instance, the bot borrowed [...]
Curve Finance Founder Deposits $24M CRV into Aave to Safeguard $65M Stablecoin Loan
Curve Finance founder Michael Egorov has deposited $24 million worth of Curve DAO (CRV) tokens to decentralized lending platform Aave to mitigate agai [...]
Jimbos Protocol to Work With U.S. Homeland Security to Help Recover $7.5M From Flash Loan Exploit
“We have a good idea who it is,” said blockchain sleuth Ogle, who is part of the recovery process and has helped with the Euler Finance exploit. “I th [...]