Tag: Loans

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Genesis Global Issued $2.36B in Undercollateralized Loans to Three Arrows Capital

Genesis Global Issued $2.36B in Undercollateralized Loans to Three Arrows Capital

Crypto lender Genesis lent $2.36 billion in loans to the now insolvent Singapore-based fund Three Arrows Capital. www.coindesk.com [...]
Pak Facing Serious Problems As Forex Reserves Deplete; Chinese Loans Taken At High Rates

Pak Facing Serious Problems As Forex Reserves Deplete; Chinese Loans Taken At High Rates

Pak Facing Serious Problems As Forex Reserves Deplete; Chinese Loans Taken At High Rates | World [...]
NFTs Are Now Collateral for Secured Loans. Are You Legally Protected?

NFTs Are Now Collateral for Secured Loans. Are You Legally Protected?

Repossessing used cars is one thing, but a lender may find it hard to know the right jurisdiction to lay claim to a Bored Ape owned by “MoonBoiBallz99 [...]
Crypto Exchange Blockchain.com Faces $250M Hit on Loans to Three Arrows Capital

Crypto Exchange Blockchain.com Faces $250M Hit on Loans to Three Arrows Capital

Cryptocurrency exchange Blockchain.com stands to lose $270 million from lending to Three Arrows Capital, the over-leveraged hedge fund that is now the [...]
Total BAYC thefts crack $18.5 million, “Ape Now, Pay Later” loans come for NFTs and more

Total BAYC thefts crack $18.5 million, “Ape Now, Pay Later” loans come for NFTs and more

A Dune analytics platform user has found that more than $18.5 million worth of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) Nonfungibl [...]
Celsius pays down 143M in DAI loans since July 1

Celsius pays down 143M in DAI loans since July 1

Celsius has repaid a substantial amount of its outstanding debt to Maker (MKR) protocol since the beginning of the month, signaling that the troubled [...]
Govt makes changes to forex loans repayment regime

Govt makes changes to forex loans repayment regime

BY TATIRA ZWINOIRATREASURY will put a provision in new legislation codifying the use of US dollars and the local currency to allow banks to recoup for [...]
Metaverse fractional ownership to form similarly to property loans: Casper exec

Metaverse fractional ownership to form similarly to property loans: Casper exec

As metaverse land assets become more expensive, ownership becomes harder for normal users. Because of this, Ralf Kubli, Board Member at the Casper Ass [...]
Turkey imposes restrictions on lira loans to FX rich companies – watchdog/Anadolu

Turkey imposes restrictions on lira loans to FX rich companies – watchdog/Anadolu

ISTANBUL, June 24 (Reuters) - The Turkish BDDK banking watchdog has imposed restrictions on extending lira loans to companies with high levels of fore [...]
Voyager Digital Secures Loans From Alameda to Safeguard Its Assets

Voyager Digital Secures Loans From Alameda to Safeguard Its Assets

The loan will be in two parts. The first is a cash/USDC-based credit facility with an aggregate principal amount of $200 million. The second revolving [...]
Nexo offers to buy out Celsius’ loans amid withdrawal suspension

Nexo offers to buy out Celsius’ loans amid withdrawal suspension

There’s a glimmer of hope for the bear market’s most recent victim. Following reports that Celsius is insolvent, Nexo is offering a buy-out. A Nexo re [...]
Buy now, pay later loans make it tough to get a handle on your credit

Buy now, pay later loans make it tough to get a handle on your credit

Payment history often not reportedBNPL companies generally don't report to the credit-scoring companies when consumers use these loans. That makes it [...]
Head of U.N. Agency Resigns After Questions Arise About Loans

Head of U.N. Agency Resigns After Questions Arise About Loans

The United Nations secretary general, António Guterres, asked a top official at a U.N. agency to resign on Saturday, shortly after The New York Times [...]
Biden’s 3 choices on student loans

Biden’s 3 choices on student loans

Before abortion rights seized the national spotlight this week, student loans, and competing proposals for how to handle the nearly $1.7 trillion o [...]
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