Yiren Digital has significantly improved operational efficiency by deploying AI agents across key business workflows, reducing manual intervention in asset recovery from 45% to 24.9%, a 44.6% relative drop. This automation has increased staff productivity by 47%, with AI handling 81% of service tickets in some workflows. Supported by its MagiCube 2.0 AI platform, the company is expanding AI use across multiple functions to enhance consistency and scale automation. Yiren Digital plans to further integrate AI in credit and insurance operations, aiming for broader AI-driven enterprise growth beyond finance.
SkyAI, Inc. announced a cash tender offer to buy up to 95% of its common stock and warrants at $3.00 per share, representing a 65% premium over its recent closing price. The offer, expected to start around October 15, 2026, aims to provide liquidity ...
U.S. spot Ether ETFs experienced significant net outflows totaling $542 million last week, primarily driven by Blackrock's ETHA fund, which alone saw $477 million withdrawn. Grayscale's ETHE also faced notable outflows of nearly $32 million. Despite ...
A large trader held a leveraged long position in Wormhole (W) tokens worth about $1.86 million after the token's price jumped 66.3% in 24 hours. The trader initially invested around $201,300 on Sept. 29 and added more tokens on Oct. 10, holding 63.41...
Pendle Finance has surpassed $1 billion in total value locked (TVL) in real-world assets (RWAs), reflecting growing interest in tokenized physical assets. This year, Pendle launched 94 RWA markets, including products linked to Treasury bill dollars a...
Solana (SOL) spot exchange-traded funds experienced a combined net outflow of $24.81 million over five trading days from October 5 to 9, reversing a recent trend of inflows. Bitwise’s BSOL led the withdrawals with $20.94 million, though it still hold...
