Tag: lender
Bankrupt crypto lender Genesis sues Gemini to recover $689M worth of ‘Preferential Transfers’
Bankrupt crypto lending platform Genesis Global Capital has filed a lawsuit against cryptocurrency exchange Gemini Trust to recover $689 million in pr [...]
Crypto Lender Hodlnaut to Be Liquidated, Court Filing Shows
Defunct cryptocurrency exchange Hodlnaut will be wound up, according to a note from the company’s former interim judicial managers, Aaron Lee and Ange [...]
Gemini Sues Bankrupt Lender Genesis, Its Former Partner, Over $1.6B Worth of GBTC
In an action filed as part of Genesis' bankruptcy case, Gemini is seeking to gain control of the GBTC shares, which, Gemini said, "would completely se [...]
Stablecoin Lender Liquity’s Token Gains 80% in Month as Activity Increases
Stablecoin Lender Liquity’s Token Gains 80% in Month as Activity Increases
www.coindesk.com [...]
Crypto Lender BlockFi Believed Alameda Was Solvent, CEO Zac Prince Testifies
Before collapsing in November 2022, Alameda had about $800 million to $850 million of outstanding loans from BlockFi, Prince said, and $650 million re [...]
Crypto Lender BlockFi Says It’s Taken Major Step Toward Emerging From Bankruptcy
The beleaguered crypto lender was among a rash of digital asset companies that froze their customers’ accounts and eventually collapsed after FTX blew [...]
Bitcoin lender Ledn to roll out ETH, USDT interest accounts
Despite its roots embedded in Bitcoin (BTC) lending, lending platform Ledn has announced the launch of an Ethereum (ETH) yield offering following user [...]
Crypto lender BlockFi gets court nod to repay customers
The customers of bankrupt cryptocurrency lending platform BlockFi are one step closer to being paid out after a United States Bankruptcy Court in New [...]
South Korean Bitcoin lender Delio plans to sue regulators: Report
South Korean Bitcoin lender Delio is reportedly preparing for an administrative lawsuit against regulators for the wrong interpretation of law leading [...]
Ex-Algorand CEO Kokinos Named to Run Successor of Crypto Lender Celsius
“Steve has been a serial entrepreneur and investor for over 25 years, founding and operating companies ranging from internet infrastructure, cloud sof [...]
Bankrupt Crypto Lender Celsius Network Files to Recover Assets from Equities First
EquitiesFirst is a private lending platform that owed Celsius some $439 million worth of cash and bitcoin (BTC) as of July 2022. Celsius first took co [...]
MakerDAO’s DAI Stablecoin Surpasses $5B on Higher Yield, Lifting DeFi Lender Spark Protocol
The extra payout has drastically bitten into Maker’s profits, Kunal Goel, analyst at Messari noted in a report. “Higher rates on higher deposits ballo [...]
Crypto Lender Exactly Hit by $12M Bridge Exploit
Exactly Protocol, a decentralized credit market on the Optimism (OP) blockchain, has been targeted by a bridge exploit worth as much as $12 million.
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Crypto Lender Maple Finance Opens Cash Management Pool for U.S Investors
Demand for blockchain-based T-bill offerings has been steadily rising as the yield on U.S. government debt, widely considered as risk-free, surpassed [...]
OPNX exchange bids for crypto lender Hodlnaut in Singapore
Crypto lender Hodlnaut appears to have found a white knight investor to exit its bankruptcy proceedings. According to a Bloomberg report, OPNX exchang [...]