Renowned economist Mohamed El-Erian believes inflation will come down by the end of the year but “will be sticky.” “I’m looking for a core CPI in the 4.5% to 5.5% range, so well above the 2% target of...
Tag: Collateral
Putting Your Crypto Holdings to Work as Collateral
Real estate buyers can use crypto as collateral rather than selling it to fund the property purchase, says Troy Huerta, the CEO of ByBrix. Following months of sky-high home prices, the US real estate ...
$600 Million Crypto Loan Vanished From BlockFi Q2 Collateral Report
BlockFi Q2 2022 Transparency Report According to the company’s ‘Q2 2022 Transparency Report,’ published on Friday, the crypto lending platform BlockFi had ‘loan exposure’ of $600 million by the ...
BlockFi Had $600 Million in Crypto Loans Not Covered by Collateral in Q2
Crypto lending platform BlockFi held “loan exposure” totaling $600 million by the end of June, according to the company’s “Q2 2022 Transparency Report,” released on Friday. The report showed BlockFi h...
Celsius Recovers Over $400M in Staked Ethereum Collateral From Aave Loan
The struggling crypto lending platform Celsius has nearly cleared all of its outstanding DeFi debt after recovering 400,000 collateralized Staked Ethereum (stETH) from its loan on Aave. The withdrawal...
BlockFi Stops Accepting GBTC as Collateral
BlockFi, a major crypto lending firm based in New Jersey, has reversed its earlier decision, and now stop accepting shares in the Grayscale Bitcoin Trust (GBTC) as collateral for loans. Early Tuesday,...
BlockFi Will No Longer Accept Grayscale GBTC Shares As Collateral, Unwinds All Positions
Crypto lenders in the market have been severely struggling to handle liquidity challenges. On Tuesday, July 12, crypto lender BlockFi announced that it will no longer be accepting Grayscale’s GBTC sha...
BlockFi will not accept GBTC as collateral anymore: report
Crypto lending firm BlockFi has reportedly decided to stop accepting the Grayscale Bitcoin Investment Trust (GBTC) as collateral. Sources privy to the development told crypto publication The Block tha...
Reclaiming 6,083 Bitcoin in Collateral
Where will Celsius get the money to pay its debts? Celsius’ repayment campaign is still on as the troubled cryptocurrency lending platform just paid off $78 million in USDC to Aave in fourth transacti...
Tether Liquidates Crypto Used As Collateral by Controversial Digital Asset Lending Project
Stablecoin issuer Tether (USDT) says it has liquidated assets used as collateral by beleaguered crypto lending platform Celsius Network (CEL). Tether notes in a new announcement that its portfolio inc...
Celsius Network Fully Pays off Maker Loan, Reclaiming $440M of Collateral – crypto.news
Celsius Network LLC, the troubled crypto lending company that made news after restricting its half-a-million users from withdrawing funds owing to the crypto market turmoil, has finally fully paid off...
Voyager’s 2nd-largest debtor ready to return loan with no rush to recover collateral
After cryptocurrency brokerage firm Voyager Digital made headlines after filing for Chapter 11 Bankruptcy Protection as a result of the recent crypto market crash, one of its largest debtors said it w...
Celsius Paid Back Entire Loan to Maker, Reclaiming Nearly 22K BTC Collateral
After paying back an additional $41.2 million in Dai to decentralized lending platform Maker, Celsius Network now can reclaim approximately $450 million worth of BTC locked up as collateral on the pro...
Celsius Network Claims $440 Million in Collateral, Pays off Debts – Coinpedia – Fintech & Cryptocurreny News Media
Celsius Network, a cryptocurrency lender had halted withdrawals last month amid liquidity concerns after the cryptocurrency market and Terra (USDT) collapse. On Thursday, however, it fully repaid a lo...
Celsius Network Pays Off Maker Loan, Freeing Up $440M of Collateral
On-chain data shows that a wallet linked to Celsius repaid the remaining $41.2 million of the loan in DAI, the Maker protocol’s stablecoin. That prompted the Maker protocol to release 21,962 wra...
BlockFi confirms it holds 50% of client funds in short-term positions with 10% in collateral
BlockFi appears to be managing damage control as it sent out an email to users Wednesday evening for investors “looking for reassurance in this crypto bear market.” The email confirmed that BlockFi co...
Celsius Repays $183M on DeFi Exchange Maker, Gets Back Collateral, Blockchain Data Shows
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Celsius users fear collateral liquidation amid transfer freeze
Following crypto lending firm Celsius’ decision to freeze all transfers and withdrawals Sunday, some investors have taken to social media over concerns that their loans will be liquidated as they’re u...
BlockFi among firms that liquidated Three Arrows collateral: FT
BlockFi was one of the companies that liquidated the collateral on a loan from Singapore-based crypto hedge fund Three Arrows, according to the Financial Times. The Block had previously reported that ...
Tron’s Stablecoin Suffers De-peg; Founder Justin Sun Claims USDD’s Collateral Has $2 billion
On Monday, USDD, a stablecoin issued by Tron network, lost its peg to the U.S dollar. USDD fell around 91 cents amid concerns among investors regarding tightening financial conditions, high inflation,...
Celsius races to add more collateral to Maker as threat of liquidation looms
? Want to work with us? CryptoSlate is hiring for a handful of positions! Crypto lending firm Celsius has been racing to top up its collateral on Maker to raise its assets’ liquidation price. The comp...
MicroStrategy may be forced to sell part of its BTC holdings or add more collateral
Software company MicroStrategy Incorporated (NASDAQ: MSTR) is facing a possible margin call as part of maintaining its Bitcoin-backed loan amid ongoing high market volatility. Notably, the company, wh...
Celsius adds more collateral amid market sell-off to protect their Bitcoin from liquidation
As the price of Bitcoin (BTC) continues to plunge, in line with the bearish trend of the entire cryptocurrency market, the crypto lending firm Celsius Network has been making last-ditch efforts to pro...
$500M of on-chain collateral will face liquidation if ETH falls to…
Ethereum [ETH], the world’s largest altcoin, might be losing its plot despite anticipation around the Merge. Rather, one can say that the token is seeing a delayed plot. Ethereum core developer Tim Be...
Terra’s Do Kwon Still Refuses to Release Collateral Logs Following $80 Million Pocketing Scandal
Arman Shirinyan Entire situation is shaping up like a massive scam conducted by Terra co-founder Terra’s LUNA and UST catastrophe is slowly coming to an end with more questionable facts about th...
Do Kwon Suspected Of $80 Million Scandal, No Collateral Data To Be Out
Terra’s LUNA and UST disaster is gradually settling, with more doubtful information regarding the company’s work making its way into the public domain. There are controversies related to Do Kwon-relat...
Do Kwon Suspected Of $80 Million Scandal! But No Collateral Recordings To Be Released – Coinpedia – Fintech & Cryptocurreny News Media
Terra’s LUNA and UST disaster is gradually settling, with more doubtful information regarding the company’s work making its way into the public domain. There are controversies related to Do Kwon-relat...
Digital Real Will Be Used by Banks in Brazil as Collateral to Issue Their Own Stablecoins – Bitcoin News
The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Cent...
TRON’s USDD Stablecoin Collateral Building Up to Prevent Repeat of Terra’s UST Stablecoin
In a bid to improve transparency surrounding its new algorithmic stablecoin, Tron has revealed details of its new coin’s collateralization strategy. To avoid the situation with TerraUSD that saw $60B ...