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Crypto Trader Auros Global Misses Payment on DeFi Loan As FTX Contagion Spreads
30.11.2022
The company missed payment on a 2,400 wrapped ether loan, worth $3 million, from a M11 Credit pool on Maple Finance
BlockFi sues FTX's Bankman-Fried over shares in Robinhood
29.11.2022
BlockFi is demanding Bankman-Fried’s investment company turn over its shares in Robinhood as collateral it agreed to pay as part of a pledge agreement
Iris Energy to cut mining hardware after defaulting on $108M loan
22.11.2022
The Australian mining firm has had to unplug hardware that was producing "insufficient cash flow" to service its "debt financing obligations."
Troubled Crypto Firm Genesis Sought $1 Billion Emergency Loan Before Suspending Withdrawals – This is What Happened
18.11.2022
The troubled crypto lending and trading firm Genesis had sought an emergency loan of $1bn before closing redemptions for clients earlier this week.
Details about the emergency loan sought by Genesis was shared by the Wall Street Journal on Thursday, with the newspaper citing a confidential...
Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations
16.11.2022
Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that the company’s trading and custody units were still operational....
Lending Protocol TrueFi Issues Notice of Default to Invictus Capital for Failing to Repay Loan
2.11.2022
Archblock, the underwriter of the loan, will join the court-advised liquidation process in an attempt to recover assets for investors
Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan
1.11.2022
This is the second time in a month that a lender defaulted on an unsecured loan on decentralized lending protocol TrueFi
Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit
24.10.2022
On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan exploit and following the attack, the team detailed the Quickswap Lend platform will be terminated. Quickswap Hacked for $220K, Dex Project Sunsets Lending Platform 2022 has been quite the year...
Wintermute repays $92M TrueFi loan on time despite suffering $160M hack
16.10.2022
After repayment of TrueFi’s $92 million loan, Wintermute still owes $97.4 million to Maple Finance and Clearpool in loans
$100M drained from Solana DeFi platform Mango Markets, token plunges 52%
12.10.2022
The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated price data of its native token to take out loans against their holdings
TrueFi issues first default notice on $3.4M BUSD loan
10.10.2022
TrueFi does not expect Blockwater Technologies' default to affect its stablecoin lending pools or capital market portfolios
Crypto Investment Firm Blockwater Technologies Defaults on DeFi Loan
10.10.2022
The South Korea-based crypto investment firm failed to make a payment on a $3.4 million loan to TrueFi, a decentralized lending protocol
Egyptian Pound Latest African Currency to Slump to Record Low Versus US Dollar
6.10.2022
The Egyptian pound recently became the latest currency from the African continent to see its value versus the greenback slump to a record low. The pound’s fall came amidst reports suggesting the Egyptian government is hoping to strike a loan deal with the International Monetary Fund (IMF)...
I Made an NFT Collection to Represent My Student Loan Debt
1.10.2022
“College Admission” is a performance art NFT collection that takes a critical lens to the student loan debt crisis and the shame it causes borrowers
Alameda Research ‘happy to return’ $200M loan to Voyager Digital
20.9.2022
The trading company will pay back the debt, which has fallen almost twice in dollar estimate, by the end of September
Voyager Seeks to ‘Unwind’ Alameda Loan
20.9.2022
Alameda owes Voyager approximately $200 million in an outstanding crypto loan, from a line of credit that was worth $377 million before the market downturn
Indian Authorities Unfreeze Wazirx’s Bank Accounts, the Crypto Exchange Says
13.9.2022
India’s Enforcement Directorate (ED) has unfrozen the bank accounts of cryptocurrency exchange Wazirx, the company said. The accounts were frozen as part of the federal agency’s investigation into 16 fintech companies and instant loan apps. Wazirx Says Its Bank Accounts Are...
DeFi protocol token NFD crashes by 99% after a flash loan attack
8.9.2022
Flash loans allow users to borrow a high amount of assets without having to provide any upfront collateral, this is often used by miscreants to launch attacks on DeFi protocols
Avalanche flash loan exploit sees $371K in USDC stolen
8.9.2022
The scammer deployed a custom smart contract, leveraging a $51 million flash loan to manipulate the AVAX/USDC Trader Joe LP pool price for a single block
IMF Bailout Could Be in UK’s Future, Says Strategist
8.9.2022
Mizuho Securities’ head of global macro strategies has warned that an IMF bailout may be in the U.K.’s future. Moreover, a former chancellor of the exchequer cautioned that Britain is entering a long and severe recession, emphasizing that it’s “the worst since 1990...