Tag: undercollateralized

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 [...]
Undercollateralized USDN Stablecoin Needs Tweaking, Waves Founder Says

Undercollateralized USDN Stablecoin Needs Tweaking, Waves Founder Says

Ivanov was asked how Waves was different from Terra, whose UST algorithmic stablecoin and luna token crashed in May, wiping out $60 billion in market [...]
Hashstack launches Open protocol testnet, offering under-collateralized loans

Hashstack launches Open protocol testnet, offering under-collateralized loans

The DeFi lending and borrowing market has grown significantly in volume as new lending protocols continue to attract capital and NFT-backed loans beco [...]
New DeFi ‘passport’ may allow under-collateralized crypto loans

New DeFi ‘passport’ may allow under-collateralized crypto loans

Decentralized finance (DeFi) protocol Arcx has introduced the launch of Sapphire v3, a DeFi passport permitting crypto customers to pseudonymously [...]
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