Loans

sbf-seeks-to-probe-ftx-lawyers’-roles-in-$200m-alameda-loans
Posted by | October 10, 2023
SBF seeks to probe FTX lawyers’ roles in $200M Alameda loans

Sam Bankman-Fried’s legal team seeks permission to cross-examine Gary Wang over FTX lawyers’ involvement in Alameda loan approvals. 4211 Total views 22 Total shares Sam “SBF” Bankman-Fried’s legal team is...

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coinbase-launches-crypto-lending-platform-for-us-institutions
Posted by | September 6, 2023
Coinbase launches crypto lending platform for US institutions

Coinbase’s new institutional lending service has the same operating entity as Coinbase Borrow, which halted the issuance of new loans in May. 2461 Total views 77 Total shares Cryptocurrency exchange...

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coinbase-to-cease-issuing-new-bitcoin-backed-loans-via-borrow-service
Posted by | May 3, 2023
Coinbase to cease issuing new Bitcoin-backed loans via Borrow service

The service allowed users to borrow up to $1 million with no credit check, provided they posted Bitcoin as collateral. 2469 Total views 50 Total shares Own this piece of...

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nft-investor-accidentally-burns-$135k-cryptopunk-trying-to-borrow-money
Posted by | March 25, 2023
NFT investor accidentally burns $135K CryptoPunk trying to borrow money

While going through the unfamiliar process of wrapping NFTs, Riley accidentally sent the asset to a burn address, permanently deleting the NFT from circulation. 13924 Total views 37 Total shares...

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yield-platform-stablegains-sued-for-promoting-ust:-finance-redefined
Posted by | February 24, 2023
Yield platform Stablegains sued for promoting UST: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The backlash from the Terra...

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mango-market’s-dao-forum-set-to-approve-$47m-settlement-with-hacker
Posted by | October 14, 2022
Mango Market’s DAO forum set to approve $47M settlement with hacker

Over 98% of voting tokens favor the deal, which also stipulates that Mango Markets won't pursue criminal charges. 235 Total views 3 Total shares Following a $117 million exploit on...

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bitfarms-sold-3k-bitcoin-as-part-of-strategy-to-improve-liquidity-and-pay-debts
Posted by | June 21, 2022
Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts

“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment," said chief financial...

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how-a-dao-for-a-bank-or-financial-institution-will-look-like
defi-transforming-lending-routes-on-the-blockchain
Posted by | May 14, 2022
DeFi transforming lending routes on the blockchain

The world of decentralized finance (DeFi) is gradually expanding to encompass a significant share of the global financial lending space by virtue of the inherently trustless manner of operation and...

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looking-to-take-out-a-crypto-loan?-here’s-what-you-need-to-know
Posted by | April 24, 2022
Looking to take out a crypto loan? Here’s what you need to know

Loans based on cryptocurrencies have become a mainstay of the decentralized finance (DeFi) universe ever since the smart contract-based lending/borrowing platforms began offering the service to crypto users. The Ethereum...

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