Tag: lender
Bankrupt Crypto Lender BlockFi’s Disclosure Statement Gets Approval From Court
“BlockFi’s mission through this process has been to maximize recoveries for our creditors, and conditional approval of our Disclosure Statement moves [...]
ZkSync's Largest Lender Struck by $3.4M Exploit
Era Lend, the largest lending protocol on Ethereum scaling blockchain zkSync, has been hit by a $3.4 million reentrancy attack, according to blockchai [...]
Crypto lender Delio warns normal operations in jeopardy after asset seizures
South Korean crypto lending firm Delio has reportedly raised concerns over whether it can continue to provide normal services to clients after having [...]
DeFi Lender MakerDAO’s MKR Price Soars as Token Smart Burn Engine Goes Live
MKR briefly rose above $1,200 early Friday for the first time since last August, then pared some of its gains to change hands at around $1,144. The to [...]
RDNT Token Jumps Over 10% After Binance Labs Invests $10M in DeFi Lender Radiant Capital
Traders, known as Dynamic Liquidity Providers, can lock in the native RDNT token to profit from interest and flash loan fees and have governance autho [...]
Solana DeFi Lender MarginFi Attracts Record Growth, Airdrop Farmers
One token that keeps hitting the max is bSOL, the LST issued by Solana validator service SolBlaze. The 5,000 bSOL tokens currently deposited on Margin [...]
Crypto lender Geist Finance shuts down permanently over Multichain hack
Lending protocol Geist Finance is shutting down permanently due to losses from the Multichain exploit, according to a July 14 social media post from t [...]
Celsius Reorganization Not Affected by $4.7B Settlement With U.S., Bankrupt Crypto Lender Says
The company "continues to pursue a successful Chapter 11 Plan," Celsius said in a statement attached to a Thursday court filing. "Celsius' Special Com [...]
NFT Lender Gondi Raises $5.3M Round From Hack.vc, Dragonfly, Pantera, Others
“We are thrilled to have co-led Florida Street's seed round, and we are excited about the solutions they are bringing to Web3 users. Gondi's instant r [...]
Bankrupt Crypto Lender Celsius Can Convert Altcoins to BTC, ETH Following Talks With SEC
Celsius “may sell or convert any non-BTC and non-ETH cryptocurrency, crypto tokens, or other cryptocurrency assets other than such tokens that are ass [...]
Crypto Lender MakerDAO Boosts U.S. Treasury Holdings With $700M Purchase to Strengthen DAI Stablecoin Backing
The platform is undergoing a restructuring that includes breaking up its structure into smaller, autonomous units called SubDAOs and investing in yiel [...]
Crypto lender Delio to resume withdrawals after counterparty contagion
According to a recent report by local news outlet Decenter, South Korean crypto lending platform Delio will resume withdrawals, albeit with no fixed s [...]
Crypto lender Abra has been insolvent since March, says Texas regulator
Crypto lending firm Abra, which once handled more than $116 million in assets, had allegedly committed securities fraud and has been insolvent since M [...]
Crypto Lender Abra Has Been Insolvent for Months, State Regulators Say
"At least as of the date of the interview, parties collectively operating as Abra were or were nearly insolvent," the filing said. "Notwithstanding th [...]
Crypto Lender Celsius Updates Bankruptcy Plan After Fahrenheit Deal
The new filing is set to face legal opposition from borrowers.
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