CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

crypto lending

CDCROP: Male executive running from giant falling dominoes (Getty Images)

Markets

Crypto Investment Firm Blockwater Technologies Defaults on DeFi Loan

The South Korea-based crypto investment firm failed to make a payment on a $3.4 million loan to TrueFi, a decentralized lending protocol.

By Krisztian Sandor

Oct 10, 2022 at 3:33 a.m. UTC

Oct 10, 2022

TrueUSDMarketsCrypto LendingDeFi

Layer 2

Crypto for advisors

DeFi vs CeFi Lending: Before Choosing, Understand the Challenges and Risks

CeFi simplifies DeFi user experience for investors, but comes with many risks.

By Jackson Wood

Sep 8, 2022 at 1:00 p.m. UTC

Sep 8, 2022

Crypto for AdvisorsNewslettersOpinionCrypto LendingDeFiCelsiusVoyager DigitalAaveMakerDAOYield Farming

CDCROP: Department of Justice (Shutterstock)

Policy

Regulations

Celsius Crypto Borrowers Call for Bankruptcy Trustee, Oppose US DOJ Move to Appoint Examiner

While a bankruptcy court should appoint an independent examiner to investigate Celsius’ financials, the examiner should not work for the U.S. Trustee’s office, a group of Celsius borrowers said.

By Nikhilesh De

Sep 8, 2022 at 10:06 a.m. UTC

Sep 8, 2022

regulationsBankruptcyCrypto LendingCelsiusLawsuit

Business

Singapore

Crypto Lender Hodlnaut Faces Singapore Police ‘Actions’ and Job Cuts

The firm, which is the latest in the crypto world to freeze withdrawals, said it is engaged in “proceedings” with authorities.

By Danny Nelson

Aug 19, 2022 at 5:32 a.m. UTC

Aug 19, 2022

SingaporePoliceCrypto LendingHodlnaut

Sid Powell, CEO of Maple Finance (Maple Finance)

Business

Defi

Maple Finance, a DeFi Platform for Institutional Lending, Unveils $40M Liquidity Pool

The pool is backed by crypto-native investment firm Maven 11.

By Brandy Betz

Aug 11, 2022 at 1:04 p.m. UTC

Aug 11, 2022

DeFiEthereumCrypto LendingLending

Policy

Celsius

Canadian Regulators Probing Crypto Lender Celsius Network Alongside US: Report

Authorities are looking at what impact the firm’s multibillion-dollar collapse had on users.

By Elizabeth Napolitano

Aug 9, 2022 at 5:31 p.m. UTC

Aug 9, 2022

CelsiusOntario Securities CommissionSECCrypto Lending

Business

Lending

Crypto Lender Hodlnaut Freezes Withdrawals, Citing Market Conditions

The firm also pulled out its application to be regulated in Singapore.

By Oliver Knight

Aug 8, 2022 at 10:59 a.m. UTC

Aug 8, 2022

LendingCrypto LendingSingapore

Business

Blockfi

Crypto Lender BlockFi Had $1.8B in Open Loans at End of June and $600M of Exposure

The company has released a quarter-end snapshot of a number of operating statistics.

By Oliver Knight

Jul 22, 2022 at 4:08 p.m. UTC

Jul 22, 2022

BlockFiFTXLendingCrypto Lending

CDCROP: (The Trustees of the British Museum)

Layer 2

Opinion

The Credit Crunch Is Not the End of Crypto Lending

It is a mistake to view bitcoin’s success as a trade-off against the creation of credit. Its future depends on it, says our columnist, a partner at Castle Island Ventures.

By Nic Carter

Jul 20, 2022 at 5:40 p.m. UTC

Jul 20, 2022

OpinionBitcoinCreditDeFiCrypto Lending