Crypto lending platform Maple Finance has introduced a protocol upgrade, dubbed Maple 2.0, after experiencing two major loan defaults from borrowers on its platform. Maple Finance, a decentralized cre...
Tag: Maple Finance
Maple Finance releases version 2.0 after $36 million default on platform
Uncollateralized lender Maple Finance has updated its protocol to a second version aimed at opening up the lending platform to a wider range of institutional borrowers, including those from outside th...
Nexus Mutual Loses Millions in Maple Finance Credit Pool
Smart contract insurance platforms Nexus Mutual and Sherlock will be taking losses in investments on DeFi credit pool Maple Finance. Maple revealed earlier this week it is cutting ties to cryptocurren...
Nexus Mutual moves to divest, expects $3 million loss with Maple Finance
The domino effect of companies embroiled in a crypto-lending liquidity crunch that followed the collapse of FTX continues, with Nexus Mutual now seeking to divest from the Maple Finance M11 Credit wET...
Maple Finance Says Orthogonal Hid FTX Exposure
Maple Finance has cut ties with Orthogonal Trading after it said the company was “operating while effectively insolvent” and accrued liabilities of more than $30 million. Orthogonal Trading had ...
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...
A Look at Under-Collateralized Lending Protocols
August 8, 2022, 1:27PM EDT • 10 min read Quick Take The borrowing and lending space in DeFi has been dominated by over-collateralized lending, but under-collateralized lending has been gaining tractio...
Maple Finance Hires Katherine Kirkpatrick and Quinn Thompson to Continue Business Growth
Maple Finance, an institutional capital marketplace powered by blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocu...