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The Private Credit Crisis Is Spreading
The Private Credit Crisis Is Spreading
Submitted by QTR's Fringe Finance
The private credit crisis is spreading to another corner of the market that I warned about back in October, when I wrote about 10 parts of the market I’d avoid.
For years I’ve been warning that buy now pay later (“BNPL”) industry was built on a pretty fragile foundation. The quality of the loans was always the obvious problem. The entire business model revolves around extending instant credit with minimal underwriting to consumers making small purchases.
Companies whose primary innovation is allowing consumers to...
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Feb 23, 2026 / Tyler Durden
AI Agent OpenClaw Confirms Ban On Bitcoin/Crypto Discussions In Discord
AI Agent OpenClaw Confirms Ban On Bitcoin/Crypto Discussions In Discord
Authored by Amin Haqshanas via CoinTelegraph.com,
The developer behind the fast-growing open-source AI agent framework OpenClaw has confirmed that any mention of Bitcoin or other cryptocurrencies on its Discord server can lead to removal.
In a Saturday post on X, a user revealed that they were blocked from OpenClaw’s Discord simply for referencing Bitcoin block height as a timing mechanism in a multi-agent benchmark.
In response, OpenClaw creator Peter Steinberger confirmed the action, writing that members had accepted “strict server rules” upon joining and that the community...
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Monetary Metals
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Mar 17, 2026 / Tyler Durden
"We're At War": Ecuador Deploys 75,000 Troops, Launches Anti-Cartel Missile Strikes; Colombia Warns "We're Being Bombed"
"We're At War": Ecuador Deploys 75,000 Troops, Launches Anti-Cartel Missile Strikes; Colombia Warns "We're Being Bombed"
On Sunday, Ecuador launched a massive anti-cartel offensive involving 75,000 troops, armored vehicles, and helicopters, with support from the U.S., in what Interior Minister John Reimberg described as a "very strong offensive," according to BBC News.
"We're at war," Reimberg said. "Don't take any risks, don't go out, stay home."
35 mil efectivos de @PoliciaEcuador desplegados en Guayas, Los Ríos, Santo Domingo de los Tsáchilas y El Oro. Listos por 🇪🇨.
A las mafias: se les...
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