Lending | ForkLog

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 31 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 23 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 7 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 82 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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ForkLog 19 06.09.2022

Aave community backs pause on borrowing in Ethereum ahead of The Merge

The proposal to pause lending on Ethereum via the DeFi protocol Aave ahead of The Merge received support from almost 78% of votes.

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