Pencil Finance said that its first-of-a-kind loan offered financing to 6,600 students in Southeast Asia who were underserved by traditional lenders. Student loan real-world asset (RWA) protocol Pencil Finance completed a $1 million onchain student loan cycle, offering financing to thousands of students in Southeast Asia who were underserved by traditional lenders. Pencil said it...Continue Reading
Kalshi reportedly plans to file for approval of a WTI crude oil perpetual futures contract that would trade around the clock five days a week without an expiration date. Prediction market operator Kalshi will reportedly seek regulatory approval for a West Texas Intermediate (WTI) crude oil perpetual futures contract that never expires. The contract could...Continue Reading
The third-wave Coldcard exploiter moved about 10% of stolen funds through THORChain as researchers traced the assets to a new Ethereum address. A hacker linked to the third wave of Coldcard wallet thefts has started swapping stolen Bitcoin for Ether through THORChain. Galaxy head of research Alex Thorn took to X on Wednesday to report...Continue Reading
Ether ETFs posted $48 million in outflows after attracting $1.62 billion over 12 trading days, while XRP funds ended an 11-session inflow run. US-listed spot Ether and XRP exchange-traded fund (ETF) inflow streaks ended on Wednesday, marking a reversal after sustained demand. Spot Ether ETFs recorded $48 million in net outflows on Wednesday, ending 12...Continue Reading
ASIC has recorded more than 45 digital asset-related license applications as its temporary enforcement relief approaches Sept. 30 expiration. Australian crypto companies relying on temporary regulatory relief have until Sept. 30 to apply for a financial services license or risk penalties, including fines reaching 10% of their annual turnover. On Wednesday, the Australian Securities and...Continue Reading
Hyperscale Data’s Bitcoin holdings have fallen about 79% since late July to 215 BTC as it redirects capital toward its Michigan AI data center. Hyperscale Data has ended all Bitcoin mining operations at its Michigan facility as it prepares the site for an artificial intelligence data center customer. On Wednesday, the company said that all...Continue Reading
Federal authorities and private-sector partners were part of an operation to disrupt malware that redirected about $150,000 in crypto over the last eight years. Federal law enforcement officials, working with cybersecurity technology company CrowdStrike, announced action against entities behind malware that enabled the theft of $150,000 in cryptocurrency. In a Tuesday notice, the US Justice...Continue Reading
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