On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Te...
Tag: loan
Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company – Bitcoin News
On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Te...
Bitcoin Miner Argo Blockchain Reports Selling 637 BTC to Reduce Loan – crypto.news
The Bitcoin mining firm Argo Blockchain PLC is the latest miner to disclose selling more Bitcoin in a month than it mined. The firm reported having an outstanding balance of $22 million on a loan from...
Alameda Research happy to repay Voyager loan in its first ever tweet
Alameda Research, the investment arm of Sam Bankman-Frie’s crypto empire, has sent its first tweet ever, and it is aimed directly at the bankrupt crypto exchange, Voyager Digital. happy to return the ...
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...
Tether says it liquidated Celsius loan at no loss
Tether, the issuer of the world’s largest stablecoin USDT, has reportedly liquidated the loan advanced to struggling crypto lender Celsius. According to the firm, its liquidation of the overcollateral...
MakerDAO approves $100 million stablecoin loan vault for 151-year-old US bank
MakerDAO has approved Huntingdon Valley Bank, a US-based regulated bank founded in 1871, to open a stablecoin vault. This vault will work as a system allowing the bank to borrow DAI tokens after depos...
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...
Dump Incoming? Celsius Pays Back Maker Loan, Moves $440M in Wrapped Bitcoin to FTX
The temperature seems to have changed for struggling crypto lender Celsius. After keeping client withdrawals, transfers, and swaps frozen for nearly a month—a move Celsius said it took to “stabilize l...
Celsius Network fully pays off Bitcoin loan as user funds remain locked
Troubled cryptocurrency lending firm Celsius Network LLC, which made headlines after stopping its half a million users from withdrawing their money due to the crypto market crisis, has now fully paid ...
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...
Celsius Paid Off Maker Loan, Moves Funds In Single Wallet
Crypto lender Celsius has paid off its Maker loan completely. Celsius has paid the 41.23 million DAI debt and withdrawn 21,962.63 wBTC collateral worth $450 million. Interestingly, most of the funds a...
Biden’s Education Department Proposes $85 Billion In New Student Loan Cancelations
FILE – Education Secretary Miguel Cardona speaks at an event where Vice President Kamala Harris … [+] announced the cancelation of all federal student loans borrowed by students to attend ...
Biden Proposes Upgrades And Expansions To Student Loan Programs—Here’s Who Might Benefit
Topline The Biden administration on Wednesday unveiled new proposals to improve and expand student loan relief programs by attempting to make it easier for borrowers who were defrauded by for-profit s...
Voyager Files for Bankruptcy Citing Contagion in Crypto Markets, Three Arrows Capital’s Loan Default – Featured Bitcoin News
Crypto lender Voyager Digital has filed for Chapter 11 bankruptcy. The company explained that the “prolonged volatility and contagion in the crypto markets” and the default of crypto hedge fund Three ...
Federal Housing Policies Make It Easier To Get A Loan But Not Be A Homeowner
Investment risk and uncertainty in the real estate housing market getty Last week I testified at the House Financial Services Committee hearing Boom and Bust: Inequality, Homeownership, and the Long-T...
Celsius Pays Off Over $120M On Its Bitcoin Backed Loan, Lowers Liquidation Price To $4,967 ⋆ ZyCrypto
Advertisement     Besieged crypto-centric firm Celsius has continued to repay loans owed to various lenders as it charts a way forward to recovery. Since it announced ...
Luxury car buyers pay more than ever as prices and loan costs rise
If you can even find a new car to buy, actually purchasing it is going to cost you. “It’s a really difficult time to buy a car,” said Jessica Caldwell, executive director of insights...
Celsius Beats Down Liquidation Price With $120 Million In Loan Repayments
Celsius has been at the center of most crypto controversies in the last month. The lending platform had had to pause withdrawals, transfers, and swaps on its platform, citing extreme market conditions...
Celsius’ Bitcoin Loan Liquidation Price Below $5K as Company Repays $120 Million in Debt
Celsius Network has made several loan repayments to reduce the threshold at which it would be forcibly liquidated. The loan paybacks have been witnessed on vault #25977, which is said to belong to the...
Celsius Network Pays Another $50 Million of its Bitcoin Loan; Liquidation Price Falls To $8,840 – Coinpedia – Fintech & Cryptocurreny News Media
The Celsius Network has now paid off another $50 million of its Bitcoin loan, meaning that the digital currency lending platform is still on the journey to repay the remaining debt left. The news come...
Crema Finance Exploited Yet Again in Fresh Flash Loan Attack – crypto.news
DeFi protocol Crema Finance has been in the crosshairs of cybercriminals several times in the past twelve months. On July 2, 2022, hackers again targeted the Solana-based lending and borrowing platfor...
CoinFLEX accuses Roger Ver of defaulting on a $47M loan
The CEO of the CoinFLEX cryptocurrency exchange, Mark Lamb, has released a post on his Twitter account accusing Roger Ver, also known as “Bitcoin Jesus,” of defaulting on a $47 million USDC margin cal...
CoinFLEX CEO accuses investor Roger Ver of defaulting on $47 million loan
CEO of CoinFLEX Mark Lamb today accused investor Roger Ver of defaulting on a loan agreement worth $47 million in USDC. Lamb said Tuesday on Twitter that the contract required Ver to “guarantee ...
How do you look at Three Arrow Capital defaulting on a loan of $670 million?
The scorching heat of the market crash resulted in the drying up of liquidations even of major firms like Three Arrow Capitals On Monday, prominent crypto brokerage firm, Voyager Digital, issued a loa...
Voyager, 3AC, BTC, USDC in loan; default- Everything unexpected
Many cryptocurrency-based firms have faced the wrath of a crypto meltdown that saw LUNA drop to zero. Interestingly, Three Arrows Capital (3AC), the beleaguered cryptocurrency firm tops the chart. In...
Three Arrows Capital defaults on Voyager loan
Voyager Digital had not received the $670 million loan it had made to Three Arrows Capital by today’s deadline. Voyager has said that it will pursue recovery of the loan, but with Three Arrows Capital...
Voyager Digital Issues Loan Default Notice to Three Arrows Capital on over $670 million Debt
Crypto-asset broker Voyager Digital has issued a notice of default to cryptocurrency-focused hedge fund Three Arrows Capital Ltd (3AC) after the financially troubled hedge fund firm failed to make the...
Three Arrows Capital (3AC) Defaults On $660 Mln Loan
Crypto broker Voyager Digital said on Monday it has issued hedge fund Three Arrows Capital (3AC) with a notice of default. The firm said in a press release that one of its units had issued 3AC with a ...
Three Arrows Capital Gets Notice Of Default On $660 Million Voyager Loan
Multiple news outlets have reported that Three Arrows Capital is under intense pressure to meet a Monday deadline and return more than $670 million in loans or face default. The likelihood of the cryp...
Crypto Broker Voyager Issues Notice of Default to 3AC Over $670M Loan Deal
US-based cryptocurrency brokerage platform Voyager Digital announced on Monday that it had passed a notice of default to the insolvent hedge fund company, Three Arrows Capital (3AC). The public notice...