Tag: Collateral
Nomura-Backed Komainu to Offer Segregated Crypto Collateral Product for Institutions
Following the iniquitous events of last year, many players see regulation accelerating and the digital asset value chain requiring segregation. In eff [...]
MakerDAO votes to keep USDC as primary collateral, rejects ‘diversification’ plan
MakerDAO, the decentralized autonomous organization (DAO) that governs the DAI stablecoin, has voted overwhelmingly to keep USD Coin (USDC) as the pri [...]
Binance Moved $1.8B in Stablecoin Collateral to Hedge Funds Last Year: Forbes
According to the report, Binance transferred the collateral to hedge funds including Alameda and Cumberland/DRW and did so without informing its custo [...]
BNB Chain’s Second-Largest DeFi Protocol Venus to Accept Floki Tokens as Lending Collateral
Lending protocol Venus has a total locked value of $800 billion as of Friday. The move is expected to benefit FLOKI holders, developers say, as they c [...]
Binance holds token collateral and user funds on same wallet by ‘mistake’
Major cryptocurrency exchange Binance reportedly admitted that it mistakenly stores some customer funds in the same wallet with its collateral for som [...]
Binance Mistakenly Mixed Crypto Exchange’s Client Funds With B-Token Collateral: Bloomberg
Binance, the world’s largest crypto exchange by trading volume, mistakenly kept collateral for some of the crypto assets it issues in the same wallet [...]
Binance Will Allow Institutional Investors to Keep Collateral Off the Exchange: Bloomberg
The feature will be a major blessing for crypto investors trading in the leveraged markets as most crypto traders have to keep their collateral on the [...]
Maple Finance's $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral
Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade. The project [...]
TrueFi’s $4M Bad Debt in Limbo Shows Risk of Crypto Lending Without Collateral
"Defaults are ordinary course in this asset class and critically important to refining risk parameters and pricing over time," Roshan Dharia, head of [...]
Celsius Creditors Move to Subpoena Lending Firm Equities First for $439M Collateral Repayment
Celsius said that Equities First still owes its $439 million.
www.coindesk.com [...]
Compound Treasury to let institutions use digital assets as collateral when borrowing USD or USDC
Compound Treasury, a cash management solution for institutions powered by the Compound Protocol, announced on Sept.14 that accredited institutions can [...]
Chinese municipal bank issues first-ever digital yuan loan using intellectual property as collateral
As reported by local news outlet Sohu, on Wednesday, the Agricultural Commerce Bank of Zhangjiagang, located in China's Suzhou province, announced tha [...]
Two Soccer Teams Transfer a South American Player Using USDC, But There’s Collateral Damage
The news was hailed as a historic event for South American football, but it could bring unexpected consequences for Argentinian club Banfield, amid lo [...]
BlockFi Has Stopped Accepting GBTC as Collateral: Report
The company's exposure to the Grayscale Trust is now minimal, says CEO Zac Prince.
www.coindesk.com [...]
Celsius Reclaims $172M Collateral From Aave, Compound
The liquidity-strapped crypto lender's loan from the DeFi protocols reduced to $140 million from $235 million since last Friday.
www.coindesk.com [...]