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DeFi's Yearn.Finance Protocol Suffers $2.8 Million Flash Loan Attack

DeFi's Yearn.Finance Protocol Suffers $2.8 Million Flash Loan Attack

Yearn.Finance decentralized finance protocol suffered a $2.8 million loss after a flash loan attack, a scheme frequently seen in the fast-rising DeFi sector.

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Russian commercial bank Expobank has set the ball rolling in this nation by issuing a loan secured by crypto tokens, Waves crypto was used as collateral.

Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

Genesis Capital Breaks Previous Quarter Record With 870M in New Loan Originations in Q3

Genesis records rising demand for cash and stablecoins

Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"

Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"

Set out to rid the decentralized finance space, free from scammers, DeFi creators tried to patent the term ‘DeFi’. However, this was short-lived as the United States Patent and Trademark Office rejected the registered application last January.

US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral

US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral

Milo, a financial technology company that reimagines mortgage credit, removes the obstacle for down payments if homebuyers use crypto holdings as collateral for home loans.

Blockwater Technologies Defaults Loan from TrueFi

Blockwater Technologies Defaults Loan from TrueFi

The blockchain investment firm has only managed to repay $654,000 of its outstanding debt following the restructuring decision. However, the firm failed to make payment on time and the debt currently amounts to $3 million.

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

Chinese Version CBDC (Digital Yuan) Applied to Guangzhou Housing Provident Fund Loans

The Guangzhou Housing Provident Fund Management Center has successfully implemented the usage of the Chinese version of the Central Bank Digital Currency (CBDC), commonly known as the digital Yuan, for housing provident fund loans.

Binance Adds New Loanable Assets to its Flexible Rate and VIP Loan Services

Binance Adds New Loanable Assets to its Flexible Rate and VIP Loan Services

Binance has announced the addition of new loanable assets to its Binance Loans (Flexible Rate) and VIP Loan services.

World Assets Ltd. Extends Loan Agreements with Trading Firms, Keeping 10M WLD Tokens in Circulation

World Assets Ltd. Extends Loan Agreements with Trading Firms, Keeping 10M WLD Tokens in Circulation

World Assets Ltd. extends loan agreements with trading firms, maintaining 10M WLD in circulation until June 2025.

Binance Adds New Loanable Assets: AUCTION, GMX, and LQTY

Binance Adds New Loanable Assets: AUCTION, GMX, and LQTY

Binance introduces Auction, GMX, and Liquity as new loanable assets on its flexible rate loans.

OKX Enhances VIP Loan Features for Top-Tier Traders

OKX Enhances VIP Loan Features for Top-Tier Traders

OKX upgrades VIP Loan for VIP 5 tier and above, enhancing user experience.

HKMA Adjusts Countercyclical Measures for Property Mortgage Loans

HKMA Adjusts Countercyclical Measures for Property Mortgage Loans

The Hong Kong Monetary Authority (HKMA) announces technical adjustments to countercyclical macroprudential measures for property mortgage loans.

Binance Introduces New Loanable Assets for Flexible Rate and VIP Loan Services

Binance Introduces New Loanable Assets for Flexible Rate and VIP Loan Services

Binance has expanded its loan offerings by adding new loanable assets to its Flexible Rate and VIP Loan services, enhancing options for users.

Hong Kong Monetary Authority Reports 1.1% Increase in May 2024 Deposits

Hong Kong Monetary Authority Reports 1.1% Increase in May 2024 Deposits

The Hong Kong Monetary Authority reported a 1.1% increase in total deposits for May 2024, with notable rises in both Hong Kong dollar and foreign currency deposits.

Binance Expands Loanable Assets with ZRX, CHR, RAY, REZ, and TRB

Binance Expands Loanable Assets with ZRX, CHR, RAY, REZ, and TRB

Binance has added 0x (ZRX), Chromia (CHR), Raydium (RAY), Renzo (REZ), and Tellor Tributes (TRB) as loanable assets on Binance Loans (Flexible Rate).

Binance Expands Loanable Assets for Flexible Rate and VIP Loan Services

Binance Expands Loanable Assets for Flexible Rate and VIP Loan Services

Binance introduces new loanable assets for its Flexible Rate and VIP Loan services, enhancing options for users and institutions.

Hong Kong Monetary Authority Reports Decline in Negative Equity Mortgage Loans for June 2024

Hong Kong Monetary Authority Reports Decline in Negative Equity Mortgage Loans for June 2024

The Hong Kong Monetary Authority's survey reveals a decrease in residential mortgage loans (RMLs) in negative equity by end of June 2024.

Binance Expands Loanable Assets for Flexible Rate and VIP Loans

Binance Expands Loanable Assets for Flexible Rate and VIP Loans

Binance has added new loanable assets for its Flexible Rate and VIP Loan services, enhancing options for users, according to a recent announcement.

Binance to Cease 7-Day and 30-Day Stable Rate Loan Services

Binance to Cease 7-Day and 30-Day Stable Rate Loan Services

Binance will discontinue its 7-Day and 30-Day Stable Rate Loan services from September 2, 2024, while VIP Loan services remain unaffected.

Binance Expands Loanable Assets for Flexible Rate and VIP Loans

Binance Expands Loanable Assets for Flexible Rate and VIP Loans

Binance has added new loanable assets to its Flexible Rate and VIP Loan services, enhancing options for users seeking crypto-backed loans.

Binance Introduces Fixed Rate Loans for Stablecoin Borrowing

Binance Introduces Fixed Rate Loans for Stablecoin Borrowing

Binance Loans launches Fixed Rate Loans, offering users predictable rates for stablecoin borrowing and lending. Learn more about this new financial service.

Binance Introduces New Loanable Assets on Flexible Rate and VIP Loan Services

Binance Introduces New Loanable Assets on Flexible Rate and VIP Loan Services

Binance has added new loanable assets to its Flexible Rate and VIP Loan services, enhancing user flexibility and borrowing options.

Binance Announces Promotion for Fixed Rate Loans with Prizes Up to 799 USDC

Binance Announces Promotion for Fixed Rate Loans with Prizes Up to 799 USDC

Binance launches a new promotion for its Fixed Rate Loans, offering users the chance to win up to 799 USDC. The campaign runs from September 19 to October 11, 2024.

Binance Expands Loanable Assets on Flexible Rate and VIP Loans

Binance Expands Loanable Assets on Flexible Rate and VIP Loans

Binance adds new loanable assets to its Flexible Rate and VIP Loan services, enhancing user options for borrowing and collateralizing assets.

Hong Kong Monetary Authority Reports 0.8% Increase in Deposits for September 2024

Hong Kong Monetary Authority Reports 0.8% Increase in Deposits for September 2024

Hong Kong Monetary Authority's September 2024 data reveals a 0.8% rise in total deposits, with Hong Kong dollar and foreign currency deposits contributing to this growth.

Binance Expands Loanable Assets on Flexible Rate and VIP Loan Services

Binance Expands Loanable Assets on Flexible Rate and VIP Loan Services

Binance introduces new loanable assets for its Binance Loans (Flexible Rate) and VIP Loan services, enhancing flexibility and options for users.

WOOFi Exploited on Arbitrum, Swift Response Contains Threat

WOOFi Exploited on Arbitrum, Swift Response Contains Threat

WOOFi, a decentralized exchange, suffered an $8.5 million exploit on Arbitrum due to token price manipulation. The platform swiftly contained the threat and is working to retrieve funds and enhance security.

Bitfarms Settles Debt with BlockFi

Bitfarms Settles Debt with BlockFi

Bitfarms and BlockFi collaborate via Backbone Mining Company, a completely owned subsidiary.

Euler Finance suffers $197M DeFi hack

Euler Finance suffers $197M DeFi hack

Decentralized finance (DeFi) protocol Euler Finance lost nearly $197 million in a flash loan attack on March 13, impacting more than 11 other DeFi protocols. The vulnerability remained on-chain for eight months despite a $1 million bug bounty in place. Euler Finance disabled the vulnerable etoken module and vulnerable donation function, and has reached out to security firms and the ETH security community to help with the investigation and recover the stolen funds.

Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity

Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity

Bitfarms has now relied on sales of some of its mined Bitcoins and borrowings to fund its capital expenditure and improve its liquidity.

MicroStrategy Acquires More Bitcoin Amid Market Recovery

MicroStrategy Acquires More Bitcoin Amid Market Recovery

MicroStrategy has acquired 6,455 Bitcoin for $150 million and repaid its $205 million loan to Silvergate at a 22% discount, according to a filing with the US SEC. The company now holds a total of 138,955 BTC, bought for $4.1 billion at an average price of $29,817 per coin. MicroStrategy also sold class A common stock worth $500 million and acquired BTC between Feb. 16, 2023 and March 23, 2023.

The Wormhole hack: hacker shifts $155 million

The Wormhole hack: hacker shifts $155 million

On January 23, a DEX received $155 million in Ether. The Wormhole attack, which lost 120,000 Wrapped ETH on Feb. 2, was 2022's third biggest crypto heist.

California Authorities Demand MyConstant Stop Crypto-Lending

California Authorities Demand MyConstant Stop Crypto-Lending

The California Department of Financial Protection and Innovation (DFPI) has ordered MyConstant to stop selling many crypto-related products due to state securities law breaches. The company's peer-to-peer loan brokering and interest-bearing crypto asset accounts violate California securities and consumer financial laws.

BlockFi Stops Accepting GBTC as Collateral

BlockFi Stops Accepting GBTC as Collateral

BlockFi now stops accepting shares in the Grayscale Bitcoin Trust (GBTC) as collateral for loans, showing the impact of liquidation from Three Arrows Capital across the crypto space.

Five Market Makers Nearing Worldcoin (WLD) Loan Settlement Date

Five Market Makers Nearing Worldcoin (WLD) Loan Settlement Date

The five market makers involved with Worldcoin's liquidity provision are approaching the loan settlement date of October 22. The recent on-chain activities reflect different strategies among these entities, possibly in anticipation of the settlement. The actions of these market makers could influence Worldcoin's market dynamics as the date nears.

Depegging of USDC and DAI Saves Borrowers $100 Million

Depegging of USDC and DAI Saves Borrowers $100 Million

The depegging of USD Coin (USDC) and Dai (DAI) from the US dollar resulted in more than $2 billion in loan repayments on decentralized lending protocols Aave and Compound, with borrowers saving a total of over $100 million. USDC and DAI started heading back toward their peg, and repayment activity tapered off in the following days.

Hacker moves stolen funds after bounty launch

Hacker moves stolen funds after bounty launch

The hacker who stole $196 million from Euler Finance has transferred $1.65 million through Tornado Cash, after a $1 million bounty was launched. Victims pleaded for return of funds, but the hacker's move to a crypto mixer suggests they may not be swayed. On-chain data shows the stolen funds consisted of DAI, USDC, staked ETH and WBTC.

BankProv Stops Offering Loans Secured by Crypto Mining Rigs

BankProv Stops Offering Loans Secured by Crypto Mining Rigs

BankProv said in an SEC filing that it would no longer lend against crypto mining machines.

Radiant Capital Suffers $4.5M Flash Loan Attack

Radiant Capital Suffers $4.5M Flash Loan Attack

Radiant Capital was hit by a $4.5M flash loan attack due to a known codebase rounding issue, leading to a temporary pause in their Arbitrum market operations.

New Loanable Assets Available on Binance Loans and VIP Loan

New Loanable Assets Available on Binance Loans and VIP Loan

Binance Loans (Flexible Rate) and Binance VIP Loan have introduced new loanable assets, providing users with more options for collateralizing cryptocurrencies and earning rewards. The latest additions include Aevo, BakeryToken, Beam, Ethena, and many more. The announcement also highlights the features and benefits of Binance Loans (Flexible Rate) and encourages users to explore this open-term loan product.

Aave Freezes Stablecoin Trading Amid Price Volatility

Aave Freezes Stablecoin Trading Amid Price Volatility

Lending protocol Aave has temporarily halted trading of stablecoins and set the loan-to-value (LTV) ratio to zero due to the recent price volatility on USD Coin (USDC) following its depegging on March 11. Aave's decision was based on an analysis by decentralized finance risk management firm Gauntlet Network, which recommended a temporary pause of all v2 and v3 markets. The LTV ratio determines how much credit can be secured using crypto as collateral and is calculated by dividing the amount of credit borrowed by the value of the collateral.

Platypus Recovers 90% of Stolen Funds from Recent Exploit

Platypus Recovers 90% of Stolen Funds from Recent Exploit

Platypus DeFi protocol has recovered 90% of the funds stolen in the recent 12 October 2023 exploit, reducing the net loss to about 18,000 AVAX. The protocol acknowledged the community's support in swiftly resolving the crisis and is making arrangements for the withdrawal of liquidity providers. Amidst ongoing investigations and enhanced security measures, Platypus continues to work on a compensation plan for affected users from previous attacks.

Exchange Buenbit Rolls Out Crypto Loan Products in Argentina

Exchange Buenbit Rolls Out Crypto Loan Products in Argentina

The move by Buenbit shows signs of increased demand for cryptocurrencies. The exchange is ramping up efforts in its crypto business.

Euler Finance Suffers Flash Loan Attack, Loses Millions in Multiple Cryptocurrencies

Euler Finance Suffers Flash Loan Attack, Loses Millions in Multiple Cryptocurrencies

Euler Finance, an Ethereum-based noncustodial lending protocol, suffered a flash loan attack on March 13, resulting in the loss of millions in Dai, USD Coin, staked Ether, and wrapped Bitcoin. The attacker stole nearly $196 million in multiple transactions, making it the largest hack of 2023. On-chain data indicates that the attack is related to a deflation attack that occurred one month ago, and the attacker used a multichain bridge to transfer funds from the Binance Smart Chain to Ethereum.

Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend

Tether Q3 Attestation: 85.7% Cash Reserves, $330M Loan Cut, $670M Research Spend

Tether's Q3 2023 attestation shows historic liquidity, 85.7% reserves in Cash & Cash Equivalents, reduced secured loans, and robust investment in industry research, ensuring financial resilience amid market fluctuations.

Exploit of KyberSwap's Concentrated Liquidity Feature Results in $46 Million Loss

Exploit of KyberSwap's Concentrated Liquidity Feature Results in $46 Million Loss

KyberSwap suffered a $46 million loss due to a flaw in its smart contract, highlighting vulnerabilities in DeFi smart contracts and the need for improved security protocols.

Winklevoss Twins Fund Gemini Amid Crypto Downturn

Winklevoss Twins Fund Gemini Amid Crypto Downturn

Gemini co-founders Tyler and Cameron Winklevoss have reportedly loaned their own money to fund the cryptocurrency exchange during the market downturn, which comes as the exchange faces scrutiny from regulators.

Crypto Hacks in Q1 2023

Crypto Hacks in Q1 2023

In Q1 2023, hackers accessed over $320 million through 139 incidents on BNB Chain and losses of $221 million on Ethereum. While significantly lower than Q1 and Q4 2022, the quarter saw hundreds of millions lost, with 60% due to the Euler Finance hack. However, funds were recovered through negotiations with hackers, a trend increasingly common in the industry.

Euler Finance Hacker Returns Stolen Funds

Euler Finance Hacker Returns Stolen Funds

Euler Finance has recovered most of the funds stolen in a flash loan attack that drained millions of dollars from various tokens, including Dai and USDC. After negotiating with the hacker, Euler Finance convinced the individual to return the majority of the stolen funds, resulting in the recovery of 12 million DAI and 10,580 ETH. The crypto community has applauded Euler Finance's efforts to recover the funds and restore investor confidence.

Voyager Digital Issues Loan Default Notice to Three Arrows Capital on over $670 million Debt

Voyager Digital Issues Loan Default Notice to Three Arrows Capital on over $670 million Debt

Voyager's total exposure to Three Arrows Capital consists of over $670 million loan. The crypto hedge fund is expected to repay the loan.

Euler Finance Audited 10 Times Before $196 Million Attack

Euler Finance Audited 10 Times Before $196 Million Attack

Euler Finance, an Ethereum-based lending protocol, underwent 10 audits from six different firms in two years before it suffered a $196 million flash loan attack. Despite this, the audits deemed the platform "nothing higher than low risk" with "no outstanding issues." The attack prompted Euler to launch a $1 million bounty for information leading to the hacker's arrest, only for them to move the funds through crypto mixer Tornado Cash.

Breaking: Bitcoin Enters Banking System, El Salvador's Cuscatlan and Agricola Accept it for Loans

Breaking: Bitcoin Enters Banking System, El Salvador's Cuscatlan and Agricola Accept it for Loans

El Salvador's Cuscatlan and Agricola banks have announced they will now accept Bitcoin for loan payments, paving the way for Bitcoin to be used directly for credit card debt settlements and loans, potentially setting global banking industry precedents.

Argo Blockchain Secures $20M Loan to Build Out West Texas Mining Facility

Argo Blockchain Secures $20M Loan to Build Out West Texas Mining Facility

London-based Argo blockchain has secured a $20 million loan from Galaxy Digital, providing momentum as a driving force to expansion.

Investors Remain Optimistic about Crypto Market’s Future Despite Meltdown: CoinLoan

Investors Remain Optimistic about Crypto Market’s Future Despite Meltdown: CoinLoan

A study undertaken by crypto business CoinLoan shows that most investors are still bullish about the cryptocurrency market's future despite the challenges witnessed.

Binance Launches $500M Fund for Distressed Bitcoin Miners

Binance Launches $500M Fund for Distressed Bitcoin Miners

Private and publicly-listed bitcoin miners can now apply for loans with Binance as the crypto exchange launched a $500 million fund to cope with the ongoing downturn of the crypto-market conditions.

MacroStrategy Secures Collateral Loan, Worth $205m from Silvergate Bank for Purchasing Bitcoin

MacroStrategy Secures Collateral Loan, Worth $205m from Silvergate Bank for Purchasing Bitcoin

MacroStrategy, a subsidiary of US-based MicroStrategy, has shown further interest in continuing buying and holding more Bitcoin. The company closes a $205 million Bitcoin-collateralized loan with Silvergate bank to purchase Bitcoin.

Singapore’s Cake DeFi Launches New Loan Service, Accepting Crypto as Collateral

Singapore’s Cake DeFi Launches New Loan Service, Accepting Crypto as Collateral

Customers of Cake DeFi platform will now be able to get cash loans by placing their cryptocurrencies as collateral.

Fintech not Big Tech: Square is a Greater Threat to Banks than Google and Amazon

Fintech not Big Tech: Square is a Greater Threat to Banks than Google and Amazon

A recent survey of 300 senior executives at US-based mid-sized financial institutions found that more than half of bank and credit union executives view Big Tech companies like Amazon and Google as significant threats to the banking industry. Meanwhile only a third believe financial technology (fintech) firms will be a threat in the future, but are they sleeping on Square, Jack Dorsey’s financial technology venture whose stock price recently recorded a 20 month high.

What is DeFi: The Ultimate Guide to Decentralized Finance Technology

What is DeFi: The Ultimate Guide to Decentralized Finance Technology

The concept of decentralized finance (DeFi) has become so potent that it is difficult to separate the prospect of blockchain and crypto from the success or failure of DeFi as the ideal alternative to traditional financial systems. Owing to the importance of innovations classified as DeFi to the crypto economy, here are four fundamentals of DeFi.

Investment Giant Goldman Sachs Offers the First Bitcoin-backed Lending Loan

Investment Giant Goldman Sachs Offers the First Bitcoin-backed Lending Loan

Goldman Sachs announced to offer the first bitcoin-backed lending loan, lenders might make use of the bitcoin they own as cash collateral for this loan.

TRX Mortgage Lending Platform  Now Available to Public On TRON’s Nile Testnet

TRX Mortgage Lending Platform Now Available to Public On TRON’s Nile Testnet

The Tron Foundation announced that the TRON TRX mortgage lending platform which is being launched on the Nile test net is available for the public testing phase, according to a medium post on Monday. The foundation believes that the platform will expand the quality of Tron ecosystem and foster awesome ecological prosperity within the loans sector.

Kraken Develops NFT Trading Platform, Offering Token-Backed Loans

Kraken Develops NFT Trading Platform, Offering Token-Backed Loans

Kraken joins the race of offering NFTs custodial services to take a piece of the pie in the $7 billion NFT market that continues soaring in popularity.

CoinLoan Announces Temporary Reduction of Withdrawal Limit

CoinLoan Announces Temporary Reduction of Withdrawal Limit

Crypto-backed loans provider CoinLoan has temporarily reduced the withdrawal limit for traders. The company said that the move was made due to the current market turmoil.

Spanish Opposition Party Partido Popular Proposes Bill Allowing Crypto Payment for Mortgage

Spanish Opposition Party Partido Popular Proposes Bill Allowing Crypto Payment for Mortgage

Spain opposition party- Partido Popular (PP) party has proposed a bill allowing the use of cryptocurrency to pay for mortgage loans.

Coinbase Exchange Users Can Borrow Up to $1M Loan with Bitcoin as Collateral

Coinbase Exchange Users Can Borrow Up to $1M Loan with Bitcoin as Collateral

American digital currency exchange Coinbase Global has launched a loan service that will allow its users to take up to 40% of the total value of their Bitcoin holdings as a loan.

Compound Treasury Launches Borrowing for Institutions

Compound Treasury Launches Borrowing for Institutions

Institutions will now be able to borrow loans from Compound Treasury using Bitcoin, Ether, and supported ERC20 tokens as collateral.

NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing

NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing

Focusing on using NFT as loan collateral, Arcade raised US$15 million in Series A financing which was led by Pantera Capital, Castle Island Ventures, and Franklin Templeton Blockchain Fund.

Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance

Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance

FinTech platform and crypto-backed loan service provider YouHodler has selected digital asset wallet provider Ledger Vault to be implemented across its platform, to offer its users an added layer of security and protection.

Origin DeFi Protocol Loses $7 Million to Hacker in Security Breach

Origin DeFi Protocol Loses $7 Million to Hacker in Security Breach

Origin Protocol is the latest DeFi platform to lose $7 million due to hacking. The company has said that it is working to restore the stolen funds.

Origin Protocol Puts $1 Million Bounty on Hacker As OUSD Stablecoin Loses Stability

Origin Protocol Puts $1 Million Bounty on Hacker As OUSD Stablecoin Loses Stability

Origin has now announced a $1 million bounty reward for anyone who can bring the hacker responsible for destabilizing its stablecoin to justice.

Telegram Tells US Investors to Leave TON Blockchain Project and Take 72% Refund

Telegram Tells US Investors to Leave TON Blockchain Project and Take 72% Refund

Telegram now says US investors won’t get 110% refund and tells them to leave its blockchain TON project.

Facebook’s Libra Creating Shadow Monetary Ecosystem Warns FAC

Facebook’s Libra Creating Shadow Monetary Ecosystem Warns FAC

Facebook’s creation of cryptocurrency Libra will spawn a ‘shadow banking’ system outside of sanctioned financial markets according to US banks.

Aave Makes History as Core Developers Transfer Governance to Token Holders

Aave Makes History as Core Developers Transfer Governance to Token Holders

DeFi project Aave, has transferred the protocol’s governance rights over to its token holders, allowing the community to control the future of the network.

Marketlend Launches New Stablecoin Against the Australian Dollar for Security Token Purchasing

Marketlend Launches New Stablecoin Against the Australian Dollar for Security Token Purchasing

Marketlend creates a digital currency to be backed by the Australian dollars to create a secondary market for corporate loans prompting a means through which assets can be tokenized over the blockchain.

Vietnam Launches a National Enterprise Blockchain Platform as it Eyes a Global Top 50 Slot

Vietnam Launches a National Enterprise Blockchain Platform as it Eyes a Global Top 50 Slot

The Ministry of Information and Communications in Vietnam is building an enterprise blockchain platform dubbed akaChain in line with its national program.

Toyota Leasing Issues Debentures Using Blockchain in its $16 Million Thai Market

Toyota Leasing Issues Debentures Using Blockchain in its $16 Million Thai Market

Toyota Leasing Thailand Co Ltd, the automotive leasing arm of Toyota Motor Thailand, has offered debentures through blockchain’s distributed ledger technology (DLT) in its 500 million baht or $16.4M market.

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