TSBJ Update
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Xinbi defies enforcement with $17.9B transaction volume amid crackdown
Xinbi, a Chinese-language guarantee marketplace, continues to thrive with approximately $17.9 billion in total transaction volume, despite enforcement actions targeting similar platforms. While competitors like Haowang and Tudou faced severe declines after crackdowns, Xinbi adapted […]
Ledn achieves BBB- rating from S&P Global, dodging ‘junk’ status
Bitcoin-backed loan issuer Ledn has successfully avoided a ‘junk’ bond rating from S&P Global, receiving a preliminary BBB- rating for its Issuer Trust 2026-1. This accolade places Ledn one grade above non-investment grade junk bonds […]
Exchange profits from $6.6B in algo trading volume within 19 minutes
In a recent 19-minute trading frenzy, algo bots engaged in intense activity on a major exchange, with $3.4 billion in taker buy volume and $3.2 billion in taker sell volume processed. This swift back-and-forth, common […]