The ongoing bear market appears to have claimed another victim. Decentralized finance (DeFi) project TrueFi said it has issued a default notice to South Korean venture firm Blockwater Technologies fo...
Tag: Blockwater
Crypto-lender TrueFi issues default notice to Blockwater over $3.4M loan
DeFi lending company TrueFi has issued a notice of default to South Korea-based Blockwater Technologies over the latter’s failure to repay an unsecured loan of $3.4 million. The notice was issued on 6...
South Korean firm Blockwater defaults on $3 million loan from TrueFi
South Korean investment firm Blockwater failed to repay its $3.4 million loan taken from uncollateralized lending provider TrueFi, according to a blog post by TrueFi. Blockwater received a “noti...
Crypto Investment Firm Blockwater Technologies Defaults on DeFi Loan
As of the time of writing, 8 payments amounting to $645,405 towards loan repayments have so far been completed by Blockwater. TrueFi, a decentralized lending protocol, has announced that South Korean ...
TrueFi issues notice of default to VC firm Blockwater on $3.4M loan
Unsecured lending protocol TrueFi has issued a notice of default to Blockwater Technologies for failing to repay a $3.4 million loan agreement. According to Blockwater’s borrower profile, the venture ...
Crypto Investment Firm Blockwater Technologies Defaults on $3.4M BUSD Loan – crypto.news
South Korean crypto investment firm Blockwater Technologies has defaulted on a $3.4 million loan to the decentralized lending protocol TrueFi. TrueFi Announces First Default on BUSD Loan TrueFi, a dec...
TrueFi Issues First Default to Crypto Investment Firm Blockwater on BUSD Loan
Decentralized finance (DeFi) lending protocol TrueFi issued a “notice of default” to Blockwater Technologies on October 6th for failing to make a scheduled payment of more than $3.4 million loan in BU...
TrueFi Issues Default Notice to Blockwater for $3.4M BUSD Loan
Decentralized finance (DeFi) unsecured loan protocol TrueFi is trying to claw back funds from its debtors and recently issued a default notice to Blockwater. On Oct. 10, the DeFi lending firm announce...
Blockwater Technologies Defaults Loan from TrueFi
Decentralized lending protocol TrueFi announced that Blockwater Technologies has defaulted on a loan, which is another example of the crypto industry’s insolvency crisis. The protocol issued a &...