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Bernstein sees 56% upside for Figure as tokenized loan growth fuels ‘massive beat’ in Q3

Bernstein sees 56% upside for Figure as tokenized loan growth fuels ‘massive beat’ in Q3

Figure Technology Solutions delivered what analysts at research and brokerage firm Bernstein described as a "massive beat" in the third quarter, driven by accelerating tokenized loan growth across its blockchain-based partner channels.On Nov. 13, Figure reported adjusted revenue of about $156 millio…

Bybit CEO says firm secured almost 80% of lost ETH as bridge loan from partners to ease liquidity crunch following $1.4 billion hack

Bybit CEO says firm secured almost 80% of lost ETH as bridge loan from partners to ease liquidity crunch following $1.4 billion hack

Bybit Co-Founder and CEO Ben Zhou responded to audience questions about how the firm will move forward with customer withdrawals following its $1.4 billion hack Friday morning. Zhao said in an X Space livestream that all client withdrawals will be processed, even if they are under review. The firm w…

Critics: G7’s $50 Billion Russian Assets-Backed Loan Might Upset the West’s Financial Stability

Critics: G7’s $50 Billion Russian Assets-Backed Loan Might Upset the West’s Financial Stability

The G7’s finalized deal approving a Russian assets-backed loan of $50 billion to support the Ukrainian war effort has the potential to upset the Western financial system. Critics state that the U.S. and other countries may face repercussions, including losing the trust of some of their allies. Russi…

Sergio Goschenko