borrowing – DIGIT INFO

Low-income crypto investors are using gains to buy houses: Treasury study

DIGIT — Wed, 27 Nov 2024 05:38:40 +0000

Low-income households with high crypto exposures saw the largest increase in mortgage and auto loan originations and balances, US Treasury research revealed.

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Trump crypto project proposes Aave link in governance proposal

DIGIT — Thu, 10 Oct 2024 06:17:16 +0000

The Donald Trump-backed crypto platform, World Liberty Financial, wants to run as an instance on the DeFi protocol Aave.

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DeFi rises again as Aave hits new ATH in weekly borrowers

DIGIT — Thu, 15 Aug 2024 02:50:27 +0000

Layer-2 chains Base and Scroll have contributed to Aave’s recent borrower and depositor growth.

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DeFi protocol Venus seeks to patch $270K hole from oracle incident

DIGIT — Mon, 11 Dec 2023 05:30:19 +0000

The DeFi lending and borrowing protocol has confirmed it was affected by a malfunctioning Binance price oracle but confirmed user funds were safe.

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What is fiscal policy, and why does it matter?

DIGIT — Sat, 25 Mar 2023 13:19:56 +0000

Fiscal policy shapes economies through government spending, taxation and borrowing.

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Expert Warns of Possible Deflationary Depression as Money Supply Contracts: ‘Pay Attention to QT and the Money Supply’

DIGIT — Thu, 09 Mar 2023 19:30:45 +0000

During the Covid-19 pandemic, central banks such as the U.S. Federal Reserve loosened fiscal and monetary policy. Now, these same financial institutions are seemingly engaging in quantitative tightening (QT) practices. According to Nick Gerli, CEO and founder of Reventure Consulting, “the money supply is officially contracting.” This has only happened four times in the last […]

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Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations

DIGIT — Sat, 14 Jan 2023 19:30:02 +0000

Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that “failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the […]

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Maple Finance 2.0 overhaul aimed at speeding up the defaulting process

DIGIT — Wed, 14 Dec 2022 23:43:47 +0000

The overhaul of the protocol, dubbed “Maple 2.0” comes only weeks after the platform saw two major defaults on the back of FTX’s collapse.

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DefiLlama founder moves to NFT lending to tackle liquidity constraints

DIGIT — Mon, 10 Oct 2022 17:49:41 +0000

The anonymous creator, 0xngmi, has developed a new protocol allowing users to become liquidity providers for their nonfungible token collections.

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What is a decentralized money market and how does it work?

DIGIT — Sat, 06 Aug 2022 13:22:01 +0000

Decentralized money markets function without a custodian, allowing only the original user to withdraw funds deposited by lenders and borrowers.

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