The perception that crypto credit markets were in any way transparent was blown out of the water last year, along with many of the sector’s biggest lenders and borrowers. Nobody knew who was swimming ...
Tag: crypto lending
Roger Ver Says He Won’t Pay Genesis $20M For Bad Trades
Bitcoin Cash proponent Roger Ver is once again feuding with an embattled crypto company over bad trades worth millions of dollars — this time, it’s a subsidiary of bankrupt lender Genesis. Genesis sub...
where will Bitcoin’s price head next?
We’re two weeks into 2023, and the crypto news cycle shows no signs of slowing down. Heading into the new week, some of the month’s major headlines continue to develop. There’s...
Coinbase hit an all-time low yesterday but says it’s not all bad news. Mostly.
It’s been a tough year for crypto. But Coinbase, whose stock has been flirting with an all-time low, laid the ground for optimism in its 2023 Crypto Market Outlook. Factors including susta...
Orthogonal Trading defaults on $36 million of loans on Maple Finance
Orthogonal Trading has defaulted on $36 million of loans on crypto lending protocol Maple Finance after the investing firm’s funds became tied up on bankrupt exchange FTX. The default at...
Friktion offers under-collateralized crypto lending for institutional clients
Friktion, a Solana-based portfolio management platform, debuted a crypto lending product for institutional clients who are in the market for access to higher yields in the DeFi space. The compan...
Bankrupt crypto lender Voyager’s CFO resigns
The chief financial officer of bankrupt crypto lender Voyager is expected to leave the company, a Friday announcement said. Ashwin Prithipaul “is resigning to pursue other opportunities,” ...
Crypto Exchange Zipmex Seeks Bankruptcy Protection In Singapore As Crypto Crisis Spreads
Zipmex offers crypto trading and investment services in Thailand, Indonesia, Singapore and … [+] Australia. SOPA Images/LightRocket via Getty Images Zipmex has become the latest victim of the on...
What Will Be the Future of Crypto Lending?
The lending business is simple and is the core of the existing banking industry. But, when it comes to interests in US dollar deposits, they are only offering around 0.05 percent. Crypto lenders chang...