WASHINGTON, DC – AUGUST 25: George Washington University student Tuana Gitonga and other student … [+] loan debt activists rally outside the White House a day after President Biden announc...
Tag: loan
TrueFi Issues Default Notice to Blockwater Over $3.4 Million BUSD Loan
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...
TrueFi issues first default notice on $3.4M BUSD loan
TrueFi does not expect Blockwater Technologies’ default to affect its stablecoin lending pools or capital market portfolios. On Oct. 10, unsecured lending protocol TrueFi issued a default notice...
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 &...
TrueFi Announces First Default over its $3.4 million BUSD loan
Earlier today, October 10, decentralized finance (DeFi) lending platform TrueFi issued a notice of default to Blockwater Technologies on missing a scheduled payment over its $3.4 million BUSD loan. Ov...
President Biden just (quietly) scaled back student loan forgiveness — and the change could impact up to 1.5M borrowers. Are you one of them?
‘Remarkable reversal’: President Biden just (quietly) scaled back student loan forgiveness — and the change could impact up to 1.5M borrowers. Are you one of them? The Department of Educat...
Celsius Files for Account Holder Loan Obligations – crypto.news
Crypto loans-based bankrupt company Celsius filed for account holder loan obligation on Friday. In a statement, the company said it is not looking for commitments on loan repayment for its outstanding...
I Made an NFT Collection to Represent My Student Loan Debt
I ruminated on this project for months before starting and I quickly realized that not only is the stigma behind having student loan debt building on a principal shame of not having enough money to su...
Biden administration scales back eligibility for student loan forgiveness. Here’s who’s affected
Students walk through the campus of University of California Santa Cruz on Sept. 21. (Nic Coury/For The Times) The Biden administration reined in its pledge to forgive up to $20,000 in federal student...
Crypto Loan Platform Nexo Responds to Enforcement Actions From Multiple State Regulators
Crypto lender Nexo has issued a statement regarding the enforcement actions it’s facing from eight different states pertaining to its Earn Interest Product (EIP). Earlier this week, state regulators i...
Lawsuit Seeks to Block Biden’s Student Loan Relief
An Indiana public interest lawyer filed a lawsuit against the Education Department to block the Biden administration’s plan to cancel billions of dollars of federal student debt, saying it would force...
Multiple State Financial Regulators Allege Crypto Loan Platform Nexo Violates Securities Laws
Cryptocurrency lender Nexo is facing regulatory actions in eight US states for allegedly offering an investment product that violates securities laws. State regulators in California, New York, Washing...
8B Investments launch $111 million student loan programme for African students – Interview
A few weeks ago, I wrote a deep dive on the macroeconomic fallout following the landmark decision of the Biden administration to forgive half a trillion worth of student debt. I then came across news ...
What rising auto loan delinquencies tell us about the economy
This post was originally published on TKer.co While consumer debt delinquency rates remain low, they are picking up. In a blog post Monday, the Consumer Financial Protection Bureau flagged the rate at...
Analysis of Alameda Research’s $200mm Loan Repayment to Voyager Digital
September 20, 2022, 8:49PM EDT • 2 min read Quick Take Alameda to return ~$200mm of BTC and ETH to Voyager Digital Repayment must be completed by September 30, 2022 per filings Failure to repay by 5:...
How to Get Crypto Loan
The profitability of cryptocurrency loans is unlimited: all the pledged crypto stays on the balance, and at the same time, if the rate goes up when loaning crypto, it increases the paid-out sum. Most ...
Alameda Research ‘happy to return’ $200M loan to Voyager Digital
Quantitative trading company Alameda Research will return an estimate of $200 million to Voyager Digital, which is proceeding through bankruptcy. Alameda borrowed the funds in cryptocurrencies in Sept...
Everything about Voyager seeking repayment of $200M loan to Alameda
Court filings made by Voyager Digital indicate that the bankrupt crypto lender is seeking to unwind a loan of $200 million that was extended to Alameda Research, Sam Bankman-Fried’s quantitative crypt...
New York Bankruptcy Court Orders Alameda Repay $200M Voyager Loan
A court has ordered crypto market maker Alameda Research to return $200 million worth of cryptocurrencies it borrowed from Voyager Digital. Voyager had requested that Alameda repay the loan, which has...
Crypto Lender Voyager Digital Seeks to ‘Unwind’ $200M Loan to Alameda Research
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Alameda to Repay $200M Loan to Voyager as Asset Auction Nears
After successful repayment, Voyager will return Alameda’s collateral worth some $160 million The bankrupt lender is set to announce sale of its assets to the highest bidder on Sept. 29 Quant trading f...
Voyager Aimed to ‘Unwind’ Alameda Loan
Voyager appealed in the New York bankruptcy court to pass an order and ask Alameda to repay the loan issued by Voyager. Voyager Digital requested the federal bankruptcy court in New York t...
Bankrupt Lender Voyager Fetches $200 Million Loan From Alameda
The bankrupt crypto lender, Voyager, has signed a non-binding term sheet with SBF-controlled quantitative trading firm, Alameda Research, to secure loans amid the turmoil in the market. The two loans ...
Voyager urges Alameda Research to repay $200M loan
Bankrupt Voyager Digital requested that crypto trading firm Alameda Research repay its $200 million loan in a Sept. 19 court filing. According to the filing, Alameda would repay 6,553 BTC (roughly $12...