Lending

Lending protocols form the backbone of the decentralized money market, allowing users to lend or borrow digital assets without intermediaries. Using smart contracts, platforms like Aave and Morpho automate interest rates based on supply and demand while requiring over-collateralization for security. The 2026 lending landscape features advanced permissionless vaults and institutional-grade credit lines. This tag covers the evolution of capital efficiency, liquidations, and the integration of diverse collateral types, including LSTs and tokenized RWAs.

14410 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Forward Industries Raises $1.65B for Solana Treasury Strategy Backed by Galaxy, Jump, Multicoin

Forward Industries Raises $1.65B for Solana Treasury Strategy Backed by Galaxy, Jump, Multicoin

Forward Industries has announced a $1.65 billion private placement in cash and stablecoin commitments through a private investment in public equity (PIPE) round led by Galaxy Digital, Jump Crypto, and Multicoin Capital. In a press release shared with CryptoNews, the firm said the financing, one of the largest Solana-focused raises to date, will allow the company to establish a digital asset treasury strategy centered on the Solana blockchain. Existing shareholder C/M Capital Partners also participated in the transaction. Strategic Alliance with Leading Crypto Firms Galaxy Digital will contribute its institutional infrastructure, including trading, lending, and staking services, while Jump Crypto will provide its technical expertise, particularly through initiatives such as Firedancer, a new validator client designed to scale Solana’s performance. Forward Industries stated that this collaboration is designed to help the company generate differentiated returns through staking, lending, and trading activities within the Solana ecosystem. By aligning with these firms, the company seeks to position itself as the leading publicly traded participant in Solana’s growth. Board Leadership and Governance Upon completion of the transaction, Kyle Samani, co-Founder and Managing Partner of Multicoin Capital, will become Chairman of the Board of Directors. Samani has been a vocal proponent of Solana since leading the network’s seed investment in 2018 and has continued to support its development through numerous ecosystem initiatives. He explains that Solana remains undervalued by many market participants, presenting Forward Industries with an opportunity to build an institutional-scale treasury that can deliver outsized returns compared to passive holding. Chris Ferraro, President and Chief Investment Officer of Galaxy, and Saurabh Sharma, Chief Investment Officer at Jump Crypto, will also join as Board observers. Both executives bring extensive experience in building and investing in Solana-based projects. Their participation is expected to further strengthen Forward Industries’ governance and strategic direction. Advisors and Next Steps Cantor Fitzgerald & Co. has been appointed lead placement agent, with Galaxy Investment Banking acting as co-placement agent and financial advisor. Forward Industries also intends to enter into a services agreement with Galaxy Asset Management to provide ongoing support for its treasury activities. Legal counsel for the transaction includes Skadden, Arps, Slate, Meagher & Flom LLP for Galaxy and DLA Piper LLP for Cantor Fitzgerald. Forward Industries expects to provide additional updates on its Solana treasury strategy and related activities in the near term. With the backing of Galaxy, Jump, and Multicoin, the company aims to build long-term shareholder value by becoming an institutional leader in the rapidly expanding Solana ecosystem

Author: CryptoNews
US economic data disappoints again, leaving the crypto market in a state of flux. A complete analysis of short-term, medium-term, and long-term trends.

US economic data disappoints again, leaving the crypto market in a state of flux. A complete analysis of short-term, medium-term, and long-term trends.

By Axel Bitblaze Compiled by Tim, PANews Many people must be wondering whether the current trend of the crypto market is a fluctuation before breaking through new highs, or a signal that the market has reached its peak? In reality, it’s not that simple. The short, medium, and long term scenarios can look very different. I will provide a comprehensive analysis of BTC, ETH, and altcoins before they enter each stage: Now let’s get straight to the point: the next few months will determine how this cycle plays out, and I think this tweet is worth revisiting. Let’s start with what’s happening now. Data last Friday showed the unemployment rate climbed to 4.3%, the highest level since 2021. Nonfarm payrolls showed just 22,000 jobs added, compared to expectations for more than three times that. The U.S. job market has been surprisingly strong for years. Even as growth slows, hiring remains strong. This report changes that trend. This is the first time since the outbreak that both unemployment and hiring rates have turned red at the same time. The market reacted immediately to the news. Futures market pricing shows that the market believes the probability of a rate cut in September has reached 100%. Most expect a 25 basis point rate cut, but the Fed could still opt for a 50 basis point cut. Beyond that, traders see a greater than 75% chance of three or more rate cuts in 2025. The turning point finally came. But there is one thing you need to understand, a rate cut does not mean that everything will immediately go up and not down. The reason is that interest rate cuts will not affect everything overnight. For cryptocurrencies, the short-term, medium-term, and long-term outlooks will be very different. Short-term impact The short-term impact is likely to be bearish. When unemployment rises, it first triggers fears of a recession in the market. This is why gold is hitting new all-time highs while risk assets are underperforming. Here's what might happen: Bitcoin may retest its recent lows. Ethereum and altcoins could drop 10–20% or more. But that doesn't mean the cycle is over. This reflects how traders behave when negative economic data first hits: they sell risky assets and move into safe assets. Medium-term impact With the Fed's rate cuts imminent, the bond market will adjust and yields will fall. Lower yields mean more borrowing and lending, leading to higher spending. It will also help companies increase borrowing to expand their businesses or conduct buybacks. Increased spending means higher profits for companies, and their stock prices will soar. When stocks rise, Bitcoin and altcoins tend to rise even more. A new change has emerged in this cycle: institutional entry. Spot Bitcoin and Ethereum ETFs have opened up direct channels for pension funds and asset management companies; approval of altcoin ETFs is also imminent. In addition, there is $7.2 trillion in funds parked in money market funds, which will see outflows if Treasury yields start to fall. Imagine if even just 1% of the funds flowed into cryptocurrencies, it would be enough to push Bitcoin and altcoins to new highs. That's why the fourth quarter of 2025 looks so important. Liquidity will start to return. The stock saw more buying. And cryptocurrencies may be the biggest winners among all risk assets. Bitcoin typically leads trends while altcoins lag, but in past cycles their biggest gains have come near the end. If history repeats itself, early 2026 could be a frenzy phase for altcoins as Bitcoin stabilizes at higher levels. Long-term effects After the mid-term rebound, risks reappear. The tariffs introduced earlier this year will take another 6-8 months to fully show up in inflation data. This suggests that early 2026 could be the time when inflation starts to rise again. If inflation climbs while unemployment remains high, the Fed may be forced to pause its rate cuts or even raise them again due to concerns about stagflation. The combination of a weak job market and rising prices has historically typically marked the end of an economic cycle. It is environmental factors that may trigger a stock market crash and a crypto bear market. So the script is this: Short term (next 3-4 weeks): market volatility, pullbacks, and panic trading. Medium term (Q4 2025 to January 2026): Liquidity returns, Bitcoin hits new highs, and altcoins enter a frenzy phase. Long term (from Q1 2026): Inflation risks rise and the Fed’s response could mark a cycle top. Final Thoughts Last Friday's weak jobs data suggested one thing: the Fed is about to pivot. Typically, a shift in Fed policy signals poor economic conditions, so a short-term adjustment seems likely. But as things unfold, I think the crypto market will be the biggest winner by Q4 2025.

Author: PANews
Grok AI’s Top 4 Crypto Presales Poised for Breakout in 2025

Grok AI’s Top 4 Crypto Presales Poised for Breakout in 2025

This time last year, the crypto market was just beginning a new leg up – which ultimately turned into a massive 56% gain over the final four months of 2024. And the atmosphere feels very similar right now, largely driven by expectations of multiple Federal Reserve rate cuts in the coming months. Looking to make […]

Author: Bitcoinist
Scallop: The Nemo protocol vulnerability incident will not affect Scallop's mining pool

Scallop: The Nemo protocol vulnerability incident will not affect Scallop's mining pool

PANews reported on September 8th that the Sui ecological lending protocol Scallop released a vulnerability update for the Nemo protocol, stating: "Earlier today, the Scallop team learned of a security incident on the Nemo protocol, which also affected the sCoin mining pool on the Nemo protocol. We would like to update that this incident only affects the Nemo protocol itself and has no impact on Scallop's mining pool. All Scallop mining pools remain secure. Nemo is currently working with a third-party audit agency, and we are awaiting further updates from the team." Earlier news reported that NemoProtocol on Sui was hacked and lost $2.4 million .

Author: PANews
BullZilla Presale Joins World Liberty Financial and Brett

BullZilla Presale Joins World Liberty Financial and Brett

The post BullZilla Presale Joins World Liberty Financial and Brett appeared on BitcoinEthereumNews.com. Crypto News BullZilla, World Liberty Financial, and Brett headline the top 100x crypto presales in 2025 with explosive ROI potential. Crypto markets thrive on turning underdogs into giants. Each new wave of presales has the power to transform small investments into massive returns. In 2025, three projects stand out among the top 100x crypto presales in 2025: BullZilla ($BZIL), World Liberty Financial, and Brett. World Liberty Financial is building a reputation as a next-generation financial ecosystem. Brett continues to dominate meme coin headlines with its playful branding and community momentum. But the coin attracting the most attention right now is BullZilla, a token forged in Ethereum’s ecosystem with mechanics engineered for exponential ROI. BullZilla: Forged in Ethereum’s Blue Fire BullZilla is not simply a meme coin. It is a narrative-driven project designed with mechanisms that deliver value at every stage. BullZilla’s progressive model ensures that early believers gain the most dramatic advantages. Presale Status Stage: 2nd (Dead Wallets Don’t Lie) Phase: 1st Current Price: $0.00003241 Raised: Over $200k Token Holders: More than 700 ROI from Stage 1D to Listing ($0.0052): 16,164.76% ROI until Stage 2A for the Earliest Joiners: 25.86% The presale mechanics are straightforward but powerful. Every $100,000 raised or 48 hours elapsed increases the price, ensuring constant momentum. BullZilla Token Summary Token Name: BullZilla Symbol: $BZIL Chain: Ethereum (ERC-20) Presale Model: Progressive price increases tied to time and funding milestones Launch Price: $0.00527141 Total Supply: 159,999,999,910 $BZIL  50% (80 billion $BZIL) Presale Allocation: Forged in Ethereum’s Blue Fire By building on Ethereum, Bull Zilla leverages the strength of the world’s largest smart contract ecosystem. Ethereum ensures security, liquidity, and access to decentralized finance (DeFi) applications. This makes BullZilla not only a narrative-driven meme coin but also a project with infrastructure capable of sustaining long-term growth. Ethereum also powers…

Author: BitcoinEthereumNews
BullZilla Presale Leads the Top 100x Crypto Presales in 2025 as World Liberty Financial and Brett Stay in the Spotlight

BullZilla Presale Leads the Top 100x Crypto Presales in 2025 as World Liberty Financial and Brett Stay in the Spotlight

Crypto markets thrive on turning underdogs into giants. Each new wave of presales has the power to transform small investments […] The post BullZilla Presale Leads the Top 100x Crypto Presales in 2025 as World Liberty Financial and Brett Stay in the Spotlight appeared first on Coindoo.

Author: Coindoo
The World Gold Council plans to promote digital gold, analyzing the different implementation paths of PGI, PAXG, and XAUT

The World Gold Council plans to promote digital gold, analyzing the different implementation paths of PGI, PAXG, and XAUT

By JAE, PANews On September 3, 2025, Ray Dalio, founder of Bridgewater Associates, wrote on the X platform that the US dollar debt crisis was one of the factors driving the prices of gold and cryptocurrencies. That same day, the international gold price hit a record high of $3,578.32 per ounce. Meanwhile, the tokenized gold market in the crypto industry has surpassed $2.6 billion, and Tether has recently been reported to be in talks to invest in the gold mining industry. While the gold market continues to soar, with frequent success reports and a generally favorable outlook, a wave of digital transformation is sweeping across the market. Recently, the World Gold Council (WGC) and leading international law firm Linklaters jointly released a groundbreaking white paper, formally proposing a new definition of the "Wholesale Digital Gold" ecosystem and "Pooled Gold Interests" (PGI). The gold market's digital upgrade is more than just a technological shift; it represents a strategic response from TradFi to the crypto market. As one of the oldest financial assets, gold is also embracing the new digital era's emphasis on efficiency and flexibility, unlocking new use cases within the TradFi ecosystem. From trading restrictions to mortgage obstacles, WGC provides a "digital solution" for the gold market Currently, London’s over-the-counter (OTC) gold market is primarily comprised of two clearing models: allocated gold and unallocated gold, each with its own strengths and weaknesses that create the “opportunity gap” identified in the white paper. Allocated gold refers to specific gold bars in a physical vault with unique serial numbers, fineness and weight information. Its biggest advantage is clear ownership. Investors have direct ownership of the physical gold bars, which effectively isolates and custodians from credit risks. However, the "cost" of this model is higher complexity, the indivisibility of transactions that only accept whole gold bars (usually about 400 ounces), and the resulting liquidity restrictions. In contrast, unallocated gold represents an investor's claim on a specific amount of gold held by a custodian. Because it doesn't require the allocation of specific gold bars, this model offers greater flexibility and liquidity, allows for trading in units as low as a thousandth of an ounce, and provides a more efficient settlement process. However, its disadvantage is significant counterparty risk. In the event of the custodian's bankruptcy, investors' claims on the gold will be liquidated along with other unsecured creditors, making it difficult to obtain judicial protection for their assets. The white paper points out that both current models have serious limitations in serving as financial collateral. Unallocated gold, due to its debt nature, generally cannot be considered eligible collateral under UK and EU law. While allocated gold is legally feasible, its "cost" means that in practice it requires frequent physical transfers, deliveries, and segregation, resulting in extremely high costs and complexity, making it difficult to use as collateral. The WGC proposed a new PGI model as a solution. The PGI is based on a pool of physical gold bars held jointly by core participants, independent of the custodian's own assets, with divisible interests. The legal foundation of PGI is what distinguishes it from existing models. The white paper notes that the scheme is based on Section 20A of the UK Sale of Goods Act 1979, which allows the transfer of undivided shares in "identified bulk goods" without physically separating the goods. This legal framework defines PGI as an "intangible movable," meaning that its transfer does not require the physical movement of the goods, but rather represents a transfer of rights executed on a digital ledger. The core advantages of PGI are mainly reflected in three aspects: first, like unallocated gold, it can be divided into trading units of one thousandth of an ounce, providing higher flexibility; second, due to the legal definition of "exclusive rights", the assets of PGI holders are "bankruptcy-resistant" and their assets will not be liquidated even if the custodian institution goes bankrupt, thus filling the shortcomings of unallocated gold; finally, as an intangible movable property, PGI is naturally suitable as collateral, and its design takes into account compliance requirements such as the EU, UK EMIR and the US Dodd-Frank Act, which may activate the collateral potential of gold in OTC and central clearing counterparties. The practical path of tokenized gold In fact, in response to the long-standing pain points of the gold market, such as low liquidity, difficulty in collateralization, and high credit risk, the crypto market has conducted preliminary explorations through tokenized gold, providing a feasible practical example for the digitization and financialization of gold. As a pioneer in the crypto market, Tether launched Tether Gold (XAUT) in 2020, with a current market capitalization exceeding $1.3 billion. Each XAUT token represents one troy ounce of LBMA-standard gold bar, stored in a Swiss vault. Technically, XAUT is an ERC-20 token issued on Ethereum, enabling 24/7 global trading, freeing it from the constraints of traditional market hours. XAUT offers the advantages of high liquidity and divisibility (accurate to one-millionth of an ounce), and its widespread adoption as a crypto asset within the DeFi ecosystem. XAUT provides crypto investors with a convenient way to gain exposure to gold and can be used as a hedge against cryptocurrency volatility. However, XAUT's drawbacks lie in its highly centralized control and questionable transparency. The underlying assets are completely dependent on Tether's credit and solvency, presenting significant counterparty risk. Although Tether is governed by the British Virgin Islands, its legal framework is not widely recognized in mainstream financial markets, and its ownership resembles a contractual beneficiary's rights rather than a legally clear proprietary right. Paxos Gold (PAXG) represents a compliance-first approach to tokenized gold, currently valued at approximately $1 billion. Issued by Paxos Trust Company, PAXG is strictly regulated by the New York Department of Financial Services (NYDFS). This strong regulatory backing is a significant compliance advantage for PAXG over many similar projects. Similarly, PAXG is an ERC-20 token issued on Ethereum, each representing a single troy ounce of LBMA gold bar held in a London vault. Paxos claims ownership of a specific physical gold bar and has developed a unique feature: users can access the serial number and physical characteristics of the physical gold bar associated with their token simply by entering their Ethereum wallet address, providing an additional layer of trust and transparency. In addition to regulatory backing, PAXG's unique advantages include a flexible redemption mechanism—institutional investors can redeem it directly for physical gold bars. Furthermore, PAXG has gained widespread recognition in leading DeFi protocols such as Curve and Aave, enabling lending and liquidity provision, which increases its profitability. Leveraging its trust company structure, PAXG establishes a legal framework similar to proprietary rights within the traditional legal system, serving as a bridge between the TradFi and crypto markets. The paradigm battle among three types of gold digitization solutions The fundamental differences between XAUT and PAXG's tokenized gold and WGC's PGI digital gold solution in terms of law, technology, market positioning and core use cases reveal the different directions chosen by traditional finance and the crypto market when facing the same issue. In terms of law and ownership, WGC places greater trust in the law. PGI does not develop a completely new asset class, but rather establishes a new ownership definition for "intangible movable property" within the existing legal framework. Its advantage lies in its legal validity and enforceability guaranteed by a centuries-old judicial system. While this solution may sacrifice some of the decentralization advantages of public blockchains, it also provides necessary legal certainty for institutional investors. In contrast, cryptocurrencies place greater trust in code. While PAXG, through its regulated trust company structure, attempts to establish similar proprietary rights within the traditional legal framework, the decentralized nature of the ERC-20 token standard presents inherent legal conflicts. XAUT, on the other hand, is primarily defined by Tether's terms of agreement and smart contracts, and the legal validity of both remains unverified within the mainstream legal system. In terms of technical architecture and market positioning, PGI is essentially an infrastructure that emphasizes "technology neutrality" and compatibility with emerging solutions such as distributed ledger technology. The WGC's description suggests that the solution is more likely a permissioned consortium blockchain operated collaboratively by core participants, aiming to digitize and automate the inter-institutional clearing process. Its target market is the highly closed institutional market with extremely high requirements for trust and efficiency, specifically addressing the clearing and collateral issues among large institutions in the London OTC market. XAUT and PAXG, on the other hand, are more like products, both issued on public blockchains like Ethereum. They are permissionless assets that can be held, transferred, and traded by any user through a crypto wallet, without having to go through the complex KYC/AML processes of TradFi institutions. Therefore, they are targeted at the DeFi and retail markets, serving crypto-native protocols and retail investors. In terms of core use cases, WGC's primary goal is to unlock the potential of gold as an institutional-grade collateral. By addressing the legal and practical challenges of gold collateralization, PGI will enable the efficient use of gold in scenarios such as repos and lending, thereby revitalizing trillions of dollars in existing assets. The WGC CEO stated that gold needs to transform from a "non-interest-bearing" asset to an "interest-bearing" one. XAUT and PAXG are primarily focused on empowering the crypto ecosystem. As gold-backed stablecoins, they can be used for lending, liquidity provision, volatility hedging, and portfolio diversification in DeFi. While the two solutions offer superficially similar use cases, their underlying logic is fundamentally different. PGI aims to transform the long-established and large-scale TradFi market, while XAUT and PAXG are targeting the rapidly growing DeFi market. PGI is TradFi's attempt to "embody the essence" of blockchain technology, adopting a digital form while remaining true to the essence of TradFi. This selective innovation may maximize the benefits of integrating digital technology into existing frameworks while minimizing regulatory risks. PGI, PAXG, and XAUT have the potential to form a multi-dimensional, multi-layered "gold ecosystem." PGI will dominate the institutional market, focusing on solving high-value, large-volume liquidation and collateral issues. PAXG, leveraging its regulatory compliance advantages, has the potential to bridge mainstream institutions and the crypto market, providing a trusted, regulated channel between TradFi and DeFi. XAUT can continue to focus on the retail and crypto-native markets, securing a niche with its high liquidity and broad compatibility.

Author: PANews
Best Cheap Crypto to Buy? Why This $0.035 Token Is Seen as the Next Solana (SOL) Moment

Best Cheap Crypto to Buy? Why This $0.035 Token Is Seen as the Next Solana (SOL) Moment

The post Best Cheap Crypto to Buy? Why This $0.035 Token Is Seen as the Next Solana (SOL) Moment appeared first on Coinpedia Fintech News Is this $0.035 token the next Solana moment? That’s the question many traders are asking as Mutuum Finance (MUTM) gains momentum in its presale. With whales moving in and analysts highlighting structural features that mirror the early days of past success stories, some believe MUTM could be on the verge of delivering outsized returns. Solana’s …

Author: CoinPedia
Kinto price slides 85% as project announces shutdown following $1.9M hack in July

Kinto price slides 85% as project announces shutdown following $1.9M hack in July

Kinto price has dropped 85% after as Ethereum Layer-2 announces shut down on Sept. 30.

Author: Crypto.news
Best Crypto to Invest in Right Now? Why Mutuum Finance (MUTM) Is Tipped to Outperform ADA and AVAX

Best Crypto to Invest in Right Now? Why Mutuum Finance (MUTM) Is Tipped to Outperform ADA and AVAX

The post Best Crypto to Invest in Right Now? Why Mutuum Finance (MUTM) Is Tipped to Outperform ADA and AVAX appeared first on Coinpedia Fintech News Cardano (ADA) and Avalanche (AVAX) are two of the most recognized names in the cryptocurrency space, both having established themselves as leading platforms for smart contracts and decentralized applications. Their achievements are undeniable, but as large-cap assets, their explosive growth phases are behind them. While they may continue to deliver steady returns, many investors are …

Author: CoinPedia