Lending | ForkLog

ForkLog 6 22.08.2022

Users drain BendDAO lending protocol to 12.5 WETH

The BendDAO NFT-collateralised lending protocol's smart contract has 12.5 WETH left to pay creditors, roughly 15,000 ETH. This was reported by researcher NFTStatistics.eth.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 8 19.08.2022

Hodlnaut lays off 80% of staff to trim costs

Facing a liquidity crisis, the crypto-lending platform Hodlnaut carried out mass layoffs to trim costs, according to the blog.

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ForkLog 16 16.08.2022

Hodlnaut seeks court protection in Singapore from creditors

The liquidity-strapped crypto-lending platform Hodlnaut has applied to be placed under judicial management in Singapore to stabilise its financial position.

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ForkLog 7 08.08.2022

Hodlnaut crypto-lending platform halts withdrawals

On August 8, the Hodlnaut crypto-lending platform suspended withdrawals, swaps and token deposits due to a liquidity crisis.

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ForkLog 6 01.07.2022

Media reports Babel Finance in talks with restructuring specialists

One of Asia's largest crypto lenders, Babel Finance, is discussing a potential collaboration with the American firm Houlihan Lokey, which specializes in financial restructurings, CoinDesk reports citing sources.

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ForkLog 9 20.06.2022

One of Asia’s largest crypto lenders Babel Finance agrees to repay part of its debts

A crypto-financial services provider Babel Finance reached "preliminary agreements" with major counterparties "on the repayment terms of some debts".

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ForkLog 24 15.06.2022

What happened to Celsius (CEL)?

Why did Celsius freeze withdrawals? How is it linked to Lido and MakerDAO? Is Celsius to blame for the crypto sell-off? Explained in cards.

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ForkLog 5 16.05.2022

Scream DeFi project suffers losses after FUSD depegging and DEI’s dollar peg

Scream, a Fantom-based lending service, was hit by losses stemming from the depegging of FUSD and the DEI dollar peg. Its users used algorithmic stablecoins as collateral for loans in USDT, FRAX, DAI, MIM and USDC.

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ForkLog 8 05.05.2022

Argo Blockchain to secure $70m loan from NYDIG to buy mining equipment

New York Digital Investment Group (NYDIG) will provide the British mining company Argo Blockchain with a loan of $70.6 million to purchase equipment for a new data centre in Texas.

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ForkLog 13 04.05.2022

Coinbase secures its first Bitcoin-backed loan from Goldman Sachs

Coinbase has secured its first Bitcoin-backed loan from Goldman Sachs, Bloomberg reports.

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ForkLog 14 03.05.2022

Jane Street to raise $25 million in USDC through the crypto-lending platform Clearpool

One of the largest market makers, Jane Street, has agreed with the crypto hedge fund BlockTower Capital to secure a USDC loan of about $25 million through the institution-focused lending protocol Clearpool.

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ForkLog 7 29.04.2022

Goldman Sachs issues first bitcoin-backed loan

Goldman Sachs issued the first bitcoin-backed loan. Bloomberg reported this, citing a representative of the investment bank.

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