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ChainCatcher news, Fintertech, a subsidiary of Daiwa Securities Group, announced that it has begun offering digital asset-backed loans to buyers of the "NOT A GARAGE" shared high-end transportation service. Users holding bitcoin (BTC) or ethereum (ETH) can obtain funds to purchase private jets or yachts without selling their crypto assets. The actual annual interest rate for the first year of the loan is 0% - 3%, and from the second year onwards it is 3.2% - 6%. The maximum loan amount is 500 million yen, with a collateral ratio of 40%. Since October 1, Daiwa Securities has started introducing this loan service at its branches nationwide, further expanding the application scenarios of crypto assets in the high-end consumer sector.

ChainCatcher reported that recently, Ethereum core developer Federico Carrone issued a warning that the growing influence of venture capital firm Paradigm on the Ethereum network could pose a potential risk to the ecosystem. Carrone stated on social media that although Paradigm has created value for the community, as a venture capital fund driven by profit and influence, its goals may not align with Ethereum's philosophy and political ideals. Paradigm has gradually expanded its influence in the ecosystem by hiring key Ethereum researchers and funding open-source libraries critical to Ethereum. The company recently partnered with fintech giant Stripe to incubate a competing Layer-1 blockchain called Tempo, a network focused on stablecoins and payments, which is essentially controlled by Stripe and stands in stark contrast to Ethereum's decentralized and open-source nature.