Lending | ForkLog

ForkLog 10 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 14 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 36 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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ForkLog 15 28.11.2022

Aave halts lending for 17 tokens

DeFi protocol Aave temporarily froze lending markets for 17 tokens, citing asset-related risks.

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ForkLog 21 21.11.2022

Iris Energy Shuts Down Most of Its Mining Equipment

Mining company Iris Energy shut down most of its devices after a default notice received by two of its subsidiaries. This is stated in a filing with the U.S. Securities and Exchange Commission.

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ForkLog 24 08.11.2022

Iris Energy faces $103 million default notice

The mining company Iris Energy notified the SEC that two of its subsidiaries received a notice of default on a total debt of $103 million.

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ForkLog 8 02.11.2022

Report: Stablecoins are increasingly used in DeFi services

Stablecoins have become more actively used as collateral in lending protocols.

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ForkLog 9 10.10.2022

Blockwater Technologies defaults on $2.97 million DeFi loan

Blockwater Technologies, a South Korea-based cryptocurrency-focused investment firm, defaulted on a $2.97 million loan obtained via the TrueFi DeFi protocol in BUSD.

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ForkLog 92 28.09.2022

What are MakerDAO (MKR) and the DAI stablecoin?

How did MakerDAO become a successful DeFi project? What makes the Dai stablecoin unique? What are the functions of the Maker (MKR) token? We answer in cards.

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ForkLog 18 27.09.2022

Eight US regulators file lawsuits against Nexo

A group of U.S. state regulators announced lawsuits against the crypto-lending platform Nexo.

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ForkLog 26 14.09.2022

DeFi project Compound launches institutional lending service

Compound Labs, the company behind the eponymous lending project, announced the launch of a lending service for institutional investors.

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ForkLog 17 11.09.2022

Hodlnaut owes Algorand Foundation $35 million, Foundation says

The Hodlnaut crypto-lending platform owes Algorand Foundation $35 million in USD Coin (USDC). The nonprofit organization said it would use “all available legal remedies” to recover the assets.

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