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Tag: TrueFis
TrueFi’s $4M Bad Debt in Limbo represents Risk of Crypto Lending without guarantee
On October 9, TrueFi, DeFi’s first and largest credit protocol, published a “notice of default.” Blockwater, a leading digital asset investment firm, which reportedly missed payment on a $3.4 million ...
TrueFi’s $4M Bad Debt in Limbo Shows Risk of Crypto Lending Without Collateral
“Defaults are ordinary course in this asset class and critically important to refining risk parameters and pricing over time,” Roshan Dharia, head of lending at Archblock, a core TrueFi co...