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Hodlnaut founders propose selling the firm instead of liquidation
1.3.2023
Despite Hodlnaut creditors insisting on the firm’s liquidation, the founders keep trying to save the business and sell it to potential investors
Report Claims Visa and Mastercard Plan to Pause New Partnerships, Visa’s Head of Crypto Insists ‘Story Is Inaccurate’
28.2.2023
According to a recent report from sources familiar with the matter, Mastercard and Visa, the credit card and payment services giants, are halting new partnerships with cryptocurrency firms. This news comes after the collapse of several cryptocurrency ventures that offered crypto debit cards...
Stablecoin Lender Liquity's Token Rises 35% on Binance Listing
28.2.2023
LQTY, the native token of stablecoin lender Liquidity, has risen by 35% after being listed on Binance's innovation zone
Liquid Staking Replaces DeFi Lending as Second-Largest Crypto Sector
27.2.2023
The value of cryptocurrencies deposited in liquid staking protocols has increased to about $14 billion, trailing just deposits at decentralized exchanges
DeFi ‘fragility’ causes and cures explored in highly technical Bank of Canada study
24.2.2023
Researchers affiliated with the Canadian central bank identified weak points in DeFi lending protocols and reported on the potential they saw for mitigating them
BNB Chain’s Second-Largest DeFi Protocol Venus to Accept Floki Tokens as Lending Collateral
24.2.2023
Lending protocol Venus has a total locked value of $800 billion as of Friday. The move is expected to benefit FLOKI holders, developers say, as they continue to build and seek out strategic partnerships that ultimately benefit the token’s value
Platypus to work on compensation plan after $8.5M attack
18.2.2023
According to the DeFi protocol, different parties are currently involved in the funds' recovery process, including legal enforcement officials
MakerDAO voting on $100M loan participation with Florida commercial bank
17.2.2023
Florida's Cogent Bank is proposing a $100 million participation in loans to MakerDAO's RWA Master Participation Trust
SEC Chairman Proposes Amending Federal Custody Rules to Cover ‘All Crypto Assets’
16.2.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has proposed amending federal custody rules to cover “all crypto assets.” The SEC chief said: “Though some crypto trading and lending platforms may claim to custody investors’ crypto, that does not mean they...
Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance
15.2.2023
Auros Global has missed its payments on decentralized finance loans since November, citing funds frozen on the collapsed crypto exchange FTX
Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether
13.2.2023
The exploiter is probably earning yields on staked cryptocurrency
DeFi Protocol Clearpool Chooses Polygon Network for Its Institutional Lending Platform
13.2.2023
Clearpool also has opened the onboarding and whitelisting process for institutional borrowers and lenders to Prime
Flux Finance Launches Lending Token Collateralized by U.S. Treasury Debt
9.2.2023
Flux Finance invests in Ondo’s Short-Term U.S. Government Bond Fund (OUSG) a tokenized version of a Blackrock Treasury Bond ETF
Crypto lender SALT makes comeback with $64.4 million funding
9.2.2023
The crypto lender froze withdrawals in mid November. It will resume operations in Q1 2023 buoyed by a Series A recapitalization
Robinhood board gives nod to buy Sam Bankman-Fried's $578M stake
9.2.2023
The shares were bought by FTX founder Sam Bankman-Fried and co-founder Gary Wang last year and have been tussled over since the collapse of FTX
Digital Currency Group Announces Major Shake-Up: Genesis Trading and Lending Arms to be Sold
7.2.2023
The troubled crypto firm Genesis has reached an agreement with key creditors that would involve a sale of the crypto lending and trading arm of the company....
Read More: Digital Currency Group Announces Major Shake-Up: Genesis Trading and Lending Arms to be Sold
The history and evolution of the fintech industry
7.2.2023
The fintech industry has evolved from early adopters using technology to automate financial services to a comprehensive revolution of the financial sector
Decentralized Lending Protocol Clearpool to Start Institutional Borrowing Platform
6.2.2023
Clearpool Prime is set to begin operations in the first quarter of this year
Potential Buyers Are Showing Interest in Embattled Crypto Company Hodlnaut
6.2.2023
Potential buyers have shown interest in the embattled cryptocurrency lending company Hodlnaut and its claims against now-bankrupt digital asset exchange FTX.
According to a Monday report by Bloomberg, “various parties who are interested in acquiring” the Singapore-based crypto platform have...
Hodlnaut works with potential buyers to sell firm and FTX claims: Report
6.2.2023
Hodlnaut’s court-appointed judicial managers are reportedly in the process of signing non-disclosure agreements with the potential buyers