The hacker who stole $1.59 million worth of crypto assets from Arbitrum-based decentralized finance (DeFi) lending platform Tender.fi has returned nearly all the funds, keeping roughly $97,000 as a bo...
Tag: Borrowed
NFT lending continues to rise as over 18k ETH borrowed in January
Ad According to a new report by digital asset analytics firm eBit labs, NFT lending hit a record month in January, returning to numbers not seen since the sector’s previous all-time high in May 2022. ...
Tether denies it borrowed $2B from Celsius, as described in court report
Stablecoin issuer Tether is pushing back against assertions that it borrowed funds from failed crypto lender Celsius. According to a nearly 700-page report filed Tuesday from court-appointed ex...
SBF borrowed $546M from Alameda to fund Robinhood share purchase
Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, borrowed over $546 million from the exchange’s sister firm Alameda Research to fund his purchase of Robinhood shares. Those sam...
FTX’s Sam Bankman-Fried Borrowed From Alameda to Buy Robinhood Shares
Former FTX chief Sam Bankman-Fried borrowed hundreds of millions of dollars from Alameda Research to purchase his stake in trading app Robinhood Markets (HOOD), according to court documents. In an aff...
Sam Bankman-Fried Borrowed Hundreds of Millions of Dollars From Alameda To Buy Robinhood Shares: Court Documents
Court documents in the Caribbean are revealing new ways that former FTX CEO Sam Bankman-Fried misallocated customer funds before the exchange’s collapse. In the official Caribbean Supreme Court affida...
Former Alameda CEO confirms firm borrowed billions from FTX customer deposits as part of plea deal
Caroline Ellison, the former chief executive officer of Alameda Research, said as part of her plea deal that she was aware FTX funds had been made available for the venture capital firm’s investments....
Someone Borrowed $1.3M in Ethereum Using Mutant Ape NFTs as Collateral
DeFi lending was already big business, but a quickly growing niche is borrowing against valuable NFTs and using them as collateral for loans. Fragment, the holder of a pair of Mutant Ape Yacht Club NF...
Many Bored Ape NFTs Are in Danger of Getting Liquidated as Borrowed Money Comes Back to Bite
Some of the issue lies in the mechanics of NFT trading, where floor prices will adjust as ETH’s price fluctuates against the U.S. dollar. Despite ETH’s climb from $1,000 to nearly $2,000 in the past m...
Shocker: Three Arrows Capital Founders Bought $50M Yacht Before Going Bankrupt With Borrowed Money
– Advertisement – 3AC is in trouble as investor exposes their yacht purchase that was paid with investor funds. The recent collapse of Terra Luna and UST put so many investors and crypto...
How Crypto Hedge Fund 3AC Borrowed $2.3B From Genesis
Failed crypto hedge fund Three Arrows Capital (3AC) has been in the spotlight because it has defaulted on debt obligations for multiple companies in the crypto space. As a consequence, big players in ...
Sam Bankman-Fried’s Alameda To Pay Back Borrowed Amount To Voyager?
Since the Terra crash, the crypto market has been blanketed with a bearish pull which has led many crypto lenders to go bankrupt. Followed by Three Arrows Capital, Voyager Digital was the latest lende...
Celsius has borrowed $278 million on Maker?
Today someone opened a 17,919 WBTC position on Maker to borrow 278 million DAI. ? Celsius Network has 17,919 $WBTC leveraged in Maker protocol. This position faces liquidation at $22,584/$BTC. $278 m...
Sixty Percent Of Investors Used Borrowed Funds To Purchase Their Now Cracked Coins
While the crypto market is turbulent, many analysts believe the price of mainstream cryptos will rise to new highs, while others believe it is a portent of global recession. Borrowing money to acquire...
60% Used Borrowed Funds to Buy Their Now-Crashed Coins
Investors who borrowed money to buy cryptocurrencies are feeling the heat now. Here’s the breakdown of how they raised the funds to buy their crypto. A recent study has discovered that over two-thirds...
I borrowed $50K for culinary school, but now owe $90K. How do I get out of debt?
How to get out of student loan debt Getty Images/iStockphoto Question: I went to culinary school where I received a bachelor’s degree in culinary management. At the time in 2007, I didn’t know it woul...
Millions of DAI Borrowed with Real World Assets – Trustnodes
From Fintech loans to ships cargo, tens of million are now being lent and borrowed on Maker dai while collateralized with real world assets. In a bridge of the physical and digital, with NFTs, Merkel ...
I now owe 3x what I originally borrowed in student loans. What can I do?
Borrowers with less-than-perfect credit records face challenges while climbing out of debt, and they can get steeper when you’re older because income tends to plateau. Getty Images/iStockphoto Questio...
Someone borrowed 5 Bored Apes to claim $1.1 million of APE tokens
Yesterday, Yuga Labs, the creators of Bored Ape Yacht Club (BAYC), airdropped ApeCoin (APE) to anyone who owns one of their NFTs. The team allocated 150 million tokens or 15% of the total ApeCoin sup...
‘And then 2022 happened’: I borrowed $500,000 from friends and family to invest in the stock market, foolishly promising a 10% return. Can I avoid legal action?
Dear Quentin, I am a budding options/futures trader with my own sole proprietor investment business. Heading into 2022, I took on a large cash infusion of $500,000 from friends and family under the g...