borrowing | Bit.Fan

Kamino says it is unaffected by Binance incident, pauses SOL/BTC borrowing

Kamino said it has not been affected by the Binance incident, but has temporarily suspended borrowing in the SOL/BTC market as a precaution. The protocol said it is closely monitoring developments and remains in contact with multiple partners. Earlier, Binance’s hot wallet was suspected of being attacked, and an address linked to the stolen funds had used USDT as collateral on Aave to borrow ETH. The move by Kamino was framed as a risk-control step rather than a response to direct exposure, based on the project’s own statement.

SBLOC

3 days agoNews Editor

SBLOCs and Margin Loans Differ on Cash Use Limits but Share Forced-Sale Risk

The Defiant compared two ways investors can borrow against shares: securities-based lines of credit, or SBLOCs, and margin loans. The key distinction highlighted in the report is that an SBLOC limits how borrowed cash can be used. Margin loans were not described in the summary as carrying the same spending restriction. The report also said both products can leave investors exposed to forced sales of assets. It added that neither structure comes with a guaranteed response window before that kind of liquidation risk materializes. In other words, while the products differ in how flexible the borrowed funds may be, they share a common risk tied to collateralized borrowing against securities. The article appeared in The Defiant’s TradFi and fintech coverage. No additional details were provided in the available summary beyond the spending limits attached to SBLOCs and the potential for forced sales in both products.

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Binance

16 days agoNews Editor

Binance adds four tokenized stocks as collateral assets

Binance said it is adding four more bStocks tokenized equities as collateral assets on its platform. The newly added names are Blackberry, Mongodb, Snowflake, and Spotify. Users will be able to use these tokenized stocks as collateral for activities including borrowing on Binance. According to the announcement, the move is intended to give users a broader range of asset choices when managing collateral on the platform. No additional rollout details, limits, or timing beyond the announcement were disclosed in the provided source.

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ByteDance

1 months agoNews Editor

ByteDance Borrows $30 Billion for AI Infrastructure Investment, Aiming to Challenge US Dominance

ByteDance has borrowed $30 billion to invest in AI infrastructure, aiming to reshape the global tech infrastructure landscape, challenge US dominance, and navigate complex regulatory environments, according to Crypto Briefing.

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Hyperliquid

2 months agoNews Editor

HyperCore manual borrowing goes live on testnet, while mainnet borrowing remains limited to portfolio margin

Hyperliquid co-founder Jeff Yan said on Aug. 26 that HyperCore’s manual borrowing feature is now live on testnet. Mainnet borrowing, however, is still restricted: all borrowing functions on the live network remain available only under portfolio margin mode. Yan also said HyperEVM smart contracts can already access HyperCore’s lending and borrowing functions through CoreWriter and read-only precompiled contracts. The update points to expanded testing around HyperCore’s borrowing tools, while keeping the mainnet setup unchanged for now. The announcement also clarifies the current access path for developers working with HyperEVM smart contracts and HyperCore functionality.

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Hyperliquid

2 months agoNews Editor

HyperCore manual borrowing feature goes live on testnet

Hyperliquid co-founder Jeff Yan said the manual borrowing feature for HyperCore is now live on testnet. On mainnet, all borrowing functions remain limited to portfolio margin mode. Yan also said HyperEVM smart contracts can already access HyperCore lending and borrowing functions through CoreWriter and read-only precompiled contracts. The update outlines a testnet rollout for manual borrowing while keeping current mainnet borrowing scope unchanged. It also points to existing connectivity between HyperEVM smart contracts and HyperCore’s lending system through the specified interfaces.

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Coinbase

3 months agoNews Editor

Coinbase says users can borrow up to 100,000 USDC with jitoSOL

Coinbase said in a post on X that users can use jitoSOL, representing staked SOL, to borrow up to 100,000 USDC. The company said users can continue earning staking rewards while borrowing against their position, and that the borrowed funds are available for immediate use. The update points to a borrowing option tied to staked SOL exposure, with Coinbase highlighting both the credit limit and the continued reward accrual. No additional terms, timing details, or product restrictions were disclosed in the brief post cited by ChainCatcher.

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federal funds rate

5 months agoNews Editor

Federal Funds Rate Explained: How It Works, Who Sets It, and Its Impact on Crypto

The federal funds rate is the overnight lending rate between U.S. banks, set by the Federal Open Market Committee as a target range and enforced through tools like IORB and ON RRP. This rate directly influences the prime rate, credit card APRs, savings yields, and various loan costs, while also transmitting through liquidity channels to crypto and other risk assets. This comprehensive guide explains the mechanics of the federal funds rate, the decision-making process, historical cycles, and what ordinary investors and crypto users should understand about its fluctuations.

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