According to Paidun monitoring, a Rug Pull occurred on CredixFinance (CREDIX), and the token plummeted 100%. The address (0x45aF…a448) has exchanged 2,200,000,000,000,000 CREDIX for 41.26 WETH (approximately US$82,900). NOTE: This Rug Pull token may have the same name as the official token.

DeFi credit market Credix Finance announced a $60 million credit facility. The loan was obtained through a partnership with a U.S. alternative investment management company that focuses on asset-based lending opportunities and manages a $3 billion investment portfolio. According to previous news, DeFi investment platform Credix completed a $11.25 million Series A round of financing. Motive Partners’ early-stage funds and ParaFi Capital co-led the investment, with participation from Valor Capital Group, Victory Park Capital, and Itaú Latam Chairman Ricardo Villela Marino.

According to Foresight News, Solana-based lending protocol Credix has secured $60 million in credit financing in collaboration with a US alternative investment management firm focused on asset lending opportunities. The firm manages a $3 billion investment portfolio. The credit financing will provide priority debt to support small and medium-sized enterprises (SMEs) in the Latin American region through a technology startup platform. The first $7.5 million of the loan will be used to assist Brazilian SMEs through accounts receivable financing. Foresight News previously reported in September 2022 that Credix completed a $11.25 million Series A funding round, co-led by Motive Partners and ParaFi Capital, with participation from Valor Capital Group, Victory Park Capital, MGG Bayhawk Fund, Circle Ventures, FuseCapital, and Abra. The funds raised will be used to double down on platform development, team growth, marketing, and integration with Web3 projects, as well as expansion in the Latin American region.

Odaily Planet Daily reported that CommEx, the buyer of Binance’s Russian business, released an open letter to the community, stating: “We do not belong to Binance. CommEx is composed of dozens of members from different backgrounds, and some core members are former Binance employees. " CommEx said the company’s platform has been in development for six months, during which time it recruited a number of former Binance employees to learn from Binance’s products and operations. (Cointelegraph) According to previous news, CZ said: “During the process of users migrating funds, there will be cryptocurrency transfers between Binance and CommEx platforms. CommEx’s design, API, etc. are similar to Binance. The reason why we require this design is to ensure The user experience is smooth.”

Odaily Planet Daily News Web3 social application Tip Coin announced that it has been launched on Epoch 3 and will end on September 29. Epoch 3 cancels the $tip or #tip tags, and only needs to tag the Tip Coin X account.

Odaily Planet Daily News Web3 social application Tip Coin is open to claim the token TIP, has launched DEX liquidity, and has filtered addresses with a wallet balance of 0 or a transaction history of 0. A total of tens of thousands of wallets are eligible to claim. At the same time, Tip Coin said it will launch an appeals process to ensure that everyone who follows the rules is included.

According to The Block, Circle will expand the euro stablecoin Euro Coin (EUROC) to Solana in the first half of 2023, and also plans to expand its cross-chain transmission protocol to be launched later to Solana. At the end of June 2022, Circle will officially issue Euro Coin (EUROC), a fully-collateralized stablecoin backed by euros on Ethereum.

Solana-based credit protocol Credix has opened a $150 million stablecoin credit pool to digital lending platform Clave for lending to businesses and consumers in Latin America, CoinDesk reported. The credit facility will open in 2023, with debt denominated in USDC, a stablecoin pegged to the U.S. dollar. The Clave debt pool will be segmented into various smaller funds, called “tranches,” to provide investment opportunities for institutional investors with different risk-return profiles. Clave’s debt in Credix’s credit pool is collateralized by borrowers’ receivables, according to Chaim Finizola, Credix’s chief growth officer. Clave lends to businesses and consumers in Argentina and Colombia, and plans to expand to Mexico next year.