Lending | ForkLog

ForkLog 15 15.06.2023

Crypto arbitrage bot nets $3 after $200m flash loan

The arbitrage trading bot used a $200 million flash loan to carry out a series of transactions, earning $3.24.

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ForkLog 13 12.06.2023

Curve Finance founder raises Aave deposit to $187 million

A wallet tagged as belonging to Curve Finance founder Michael Egorov transferred 38 million CRV tokens worth $24 million to the Aave protocol to reduce liquidation risk, Lookonchain analysts noted.

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ForkLog 10 04.05.2023

Coinbase to halt Bitcoin-backed lending via Borrow

From May 10, Coinbase will cease Bitcoin-backed lending via the Borrow service. Affected clients of the crypto exchange have been notified, according to Cointelegraph.

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ForkLog 11 02.05.2023

Blur and Paradigm launch NFT lending protocol

The Blur platform introduced the Blend lending protocol for non-fungible tokens.

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ForkLog 9 06.04.2023

Bitstamp launches lending service in Europe, Hong Kong and the UAE

The cryptocurrency exchange Bitstamp unveiled a lending service in high-capitalization coins targeted at certain markets in Europe, Hong Kong and the UAE, as reported by The Block.

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ForkLog 6 10.02.2023

Bitfarms repays a $21m BlockFi loan with a $7.75m cash payment

The mining company Bitfarms repaid the remaining BlockFi loan totaling $21 million with a single cash payment of $7.75 million, under updated agreement terms.

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ForkLog 9 08.02.2023

Bitcoin miner Stronghold Digital Mining agrees to defer $54.9 million loan payments

American mining company Stronghold Digital Mining restructured payments on the remaining loan balance of approximately $54.9 million from Whitehawk Finance and entered into a hosting agreement with Foundry.

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ForkLog 7 01.02.2023

Greenidge Generation cuts debt by $61 million

The mining company Greenidge Generation reached agreements with B. Riley and NYDIG on debt restructuring, reducing it from about $87 million to around $26 million.

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ForkLog 4 01.02.2023

Bitcoin miner Core Scientific to secure $70 million loan from B. Riley

Core Scientific, the mining company in bankruptcy proceedings, reached an agreement with investment bank B. Riley to provide a loan of $70 million.

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ForkLog 7 24.01.2023

Bloomberg: BlockFi sells ASIC-miner-backed loans worth $160 million

The bankrupt crypto-lending platform BlockFi is attempting to sell collateralized loans backed by around 68,000 bitcoin miners, worth about $160 million, Bloomberg reports.

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ForkLog 6 13.01.2023

Bitfarms Warns of Possible Default on BlockFi Loan

Bitfarms said it is seeking more favourable repayment terms for the $20 million remaining loan from the crypto-lending platform BlockFi. Among other actions, the firm allowed a halt in repayments.

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ForkLog 17 06.12.2022

Orthogonal Trading defaults on $36m of Maple Finance loans

Orthogonal Trading has defaulted on eight Maple Finance loans totaling $36 million amid losses tied to the FTX collapse.

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