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Crypto Long & Short: Why real-world assets need fixed-rate loans onchain
Oct 21, 2026 · 5 min read

Crypto Long & Short: Why real-world assets need fixed-rate loans onchain

Real-world assets already back the largest stablecoins, yet borrowing against them onchain still runs through variable-rate pools. Peter Gaffney of O2O Capital Partners explains why fixed-rate, fixed-term lending is the missing piece, and how a 5% shift in Sky and Ethena reserves could create $1.8 billion of demand for real-world assets.

Illinois Laboratory Owner Charged in $66,000,000 COVID-19 Testing Fraud Scheme, Faces Decades Behind Bars
Oct 21, 2026 · 2 min read

Illinois Laboratory Owner Charged in $66,000,000 COVID-19 Testing Fraud Scheme, Faces Decades Behind Bars

Federal prosecutors have charged an Illinois laboratory owner with running a large-scale scheme to submit claims for COVID-19 tests that were never performed. Rajesh “Raj” Patel, 52, of Schaumburg, faces five counts of wire fraud after the laboratory allegedly billed the U.S. Health Resources and Services Administration (HRSA) Uninsured Program for at least 380,000 nonexistent