Tag: lender
DeFi lender Nostra pauses borrowing after price feed error
Nostra, a lending protocol on Starknet, has paused borrowing for two liquid staking tokens after identifying a “critical issue” with its price feeds, [...]
Sixth Street backs blockchain lender Figure with $200M investment
Global investment firm Sixth Street has invested $200 million in Figure Technology Solutions, a US-based lender that uses blockchain technology to boo [...]
Crypto Lender Aave Seeks Community Comment on Proposal to Expand to Bitcoin Layer 2 Spiderchain
Botanix Labs developed Spiderchain to be compatible with protocols that use Ethereum Virtual Machine (EVM), the software that powers Ethereum and enab [...]
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
BA Labs, in its proposals to offboard WBTC, had cited perceived risks from Tron founder Justin Sun's involvement with BiTGlobal, the custodian for the [...]
Crypto Lender Celsius’ Bankruptcy Plan Administrator Distributes More Than $2.5B
"Approximately 64,000 of these remaining creditors have a distribution of less than $100, and approximately 41,000 more have a distribution of between [...]
DeFi Lender Liquity (LQTY) Unveils Protocol Upgrade, New Stablecoin BOLD in White Paper
"LUSD is great for its decentralized capabilities, but it doesn't have the built-in flexibility to adapt to changing market environments like rising o [...]
Crypto Lender Ledn Reports Record $690M Loans in First Quarter as Lending Market Snaps Back
The crypto lending sector imploded in 2022 alongside dwindling asset prices, spurring lenders including Celsius, BlockFi and Genesis to file for bankr [...]
Bankrupt Crypto Lender Cred’s Former Executives Indicted on Wire Fraud, Other Charges
Daniel Schatt, a Cred co-founder and former CEO, Joseph Podulka, former CFO, and James Alexander, the former chief capital officer, were indicted by t [...]
MarginFi Leader Resigns on Fiery Day for Major Solana Lender
"The stale Oracle issues currently impact withdrawals, not deposits, I think, so it's leading to some accusations from users who feel that MarginFi is [...]
DCG’s Barry Silbert Pitched Genesis and Gemini Merger in 2022 in a Drastic Bid to Save the Lender
In an email from Oct. 20, 2022, Silbert described a lunch meeting with Winklevoss where he discussed the challenges facing Genesis and, by extension, [...]
Crypto Lender Nexo Secures First Regulatory Victory in Dubai
Receiving a full license involves three stages: an initial provisional permit, a preparatory license, and an operating license. Nexo’s regional entity [...]
Days After Ditching Aave, Risk Manager Gauntlet Moves to Rival Lender Morpho
From a risk management perspective, the Morpho model is designed to be more efficient than Aave's, and Gauntlet's embrace of Morpho could be viewed as [...]
Crypto Lender Nexo Seeking $3B in Damages From Bulgaria
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Ether Price May Rise After Defunct Crypto Lender Celsius Says It Will Unstake Its ETH Holdings
"Celsius will unstake existing ETH holdings, which have provided valuable staking rewards income to the estate, to offset certain costs incurred throu [...]
‘They were traumatized’: How a private equity-associated lender helped precipitate a nursing-home implosion
Bethesda, Maryland-based MidCap seemingly prospered, too, even as care at Atrium’s Midwest nursing homes deteriorated. In the first three months of 2 [...]