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Nalezeno "lending": 1342

US Bankruptcy Court Rules Celsius Deposits Belong to the Firm

5.1.2023
A New York bankruptcy court has ruled the deposits on high-interest-earning accounts belong to Celsius, the embattled former cryptocurrency lending firm, that filed for Chapter 11 bankruptcy protections in July. The decision establishes a precedent that might affect the status of other, similar...

Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert

3.1.2023
Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter, Winklevoss claimed that DCG owes $1.675...

DeFi Protocol Sushi to Shutter Lending Product to Focus on DEX

3.1.2023
The decentralized exchange holds over $390 million in locked tokens as of Tuesday

Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions

1.1.2023
2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as a whole. This editorial takes a look at the top three macroeconomic events to keep an eye on...

California regulators order MyConstant to cease crypto-lending services

22.12.2022
The California DFPI warned in July that it would be cracking down on crypto interest account providers in the state

Bringing community-based solutions to crypto lending can solve trust issues

20.12.2022
The crypto lending space is plagued with trust and security concerns, but crypto lending platform BNPL Pay offers an innovative community-based lending solution

Crypto Lending Platform Maple Finance Unveils Major Overhaul, Stops Lending on Solana

14.12.2022
The improvements attempt to solve Maple’s design shortcomings highlighted during a recent debt crisis, but they may reduce incentives for holding the protocol’s native MPL token in its new form, an analyst said

The Middle East Digital Lending Summit 2022 activates the Future of Payments and optimizes the Region’s Digital Lending Credit Wave

12.12.2022
The recently concluded inaugural edition of the Middle East Digital Lending Summit last December 6, 2022, at Pullman Dubai Creek City Centre, Dubai, United Arab Emirates, promised to open a potential opportunity for transformation and change the game in the financial sector when it comes...

Maple Finance's $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral

12.12.2022
Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade. The project's MPL token has plunged, and depositors are likely to stomach big losses. Here's how it happened, and what comes next

Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance

11.12.2022
Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9 million from the vulnerability. Lodestar Finance Loses $6.9 Million in an Exploit,...

Looking at DeFi's Untapped Potential

11.12.2022
Gwendolyn Regina is Investment Director at BNB Chain.__________ Decentralized finance (DeFi) is the largest and most innovative crypto vertical in the last two years. DeFi has used smart contract platforms as a base to develop a network of interconnected layers for decentralized financial...

Nexo leaving US, says country lacks clear regulations

5.12.2022
The crypto lending platform says it will no longer accept new registrations, and operations for existing customers will eventually be wound down

INX submits bid for Voyager Digital's assets

30.11.2022
FTX US won a $1.4-billion bid to purchase Voyager’s assets in September, but with the firm filing for bankruptcy, the funds were once again up for grabs

Gemini gets regulatory greenlight in Italy, Greece amid lending halt

30.11.2022
Winklevoss’ Gemini exchange received the latest regulatory approvals days before its lending product Gemini Earn faced major issues

Aave DeFi Platform Freezes 17 Crypto Markets on Platform Due to Volatility Concerns – More Trouble on the Way?

29.11.2022
Major decentralized lending protocol Aave has "temporarily" frozen its lending services across 17 markets citing excess volatility that could pave the way for market manipulation attempts. The DeFi protocol passed a governance vote on the matter yesterday, with almost all members casting their...