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Crypto Bank Sygnum Gets Unicorn Status With $58M Round
14.1.2025
The Zug and Singapore-based lender closed the oversubscribed "strategic growth round," which was led by BTC-focused venture capital firm Fulgar Ventures
Crypto lender Polter Finance halts operations after $12M hack
18.11.2024
Polter Finance has suffered a $12 million flash loan hack, with the platform investigating stolen funds linked to Binance wallets and offering impunity to the attacker
Crypto lender Polter Finance halts operations after $12M hack
18.11.2024
Polter Finance suffered a $12 million flash loan hack and is now investigating stolen funds linked to Binance wallets and offering to negotiate with the attacker
Crypto lender Polter Finance halts operations after $12M hack
18.11.2024
Polter Finance suffered a $12 million flash loan hack and is now investigating stolen funds linked to Binance wallets and offering to negotiate with the attacker
Crypto lender Polter Finance halts operations after $12M hack
18.11.2024
Polter Finance suffered a $12 million flash loan hack and is now investigating stolen funds linked to Binance wallets and offering to negotiate with the attacker
Crypto lender Shezmu recovers hacked funds through negotiation
21.9.2024
Shezmu recovers nearly $5 million in stolen crypto through negotiations with the hacker, agreeing to a higher bounty. Meanwhile, WazirX struggles with unresolved losses
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
19.9.2024
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding
Crypto platform resumes UK registrations after 10-month FCA compliance pause
3.9.2024
The crypto lending platform took the 10-month pause to realign its onboarding process with the FCA's guidelines oriented towards investor protection
Crypto platform resumes UK registrations after 10-month FCA compliance pause
3.9.2024
The crypto lending platform took the 10-month pause to realign its onboarding process with the FCA's guidelines oriented towards investor protection
MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token
27.8.2024
The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk
Crypto Lender Ledn Processes Over $1 Billion Loans in First Half of 2024
2.8.2024
Ledn, a crypto lending platform, announced that it has processed over $1.16 billion in loans during the first half of 2024. This includes a notable 29.8% quarter-over-quarter growth in retail lending, driven by investor strategies and market dynamics such as the recent Bitcoin halving and the rise...
Crypto Lender Ledn Handed Out $1.16B Worth of Loans in First Half of 2024
1.8.2024
The platform witnessed a 29.8% jump in retail lending between the first and second quarters
BlockFi confirms July start for interim crypto distributions
18.7.2024
BlockFi clients are to note that client communications will exclusively occur via official email channels
Genesis Returns $2.2B in Crypto Assets to Lending Program Participants
30.5.2024
Defunct crypto lender Genesis distributed $2.18b worth of crypto to 232,000 users enrolled in Gemini Earn, an interest-accruing lending program. The distribution followed a New York bankruptcy judge approving the Chapter 11 plan last week.
The post Genesis Returns $2.2B in Crypto Assets to Lending...
New York Attorney General Secures $2B Settlement From Failed Crypto Lender Genesis for Victims
21.5.2024
New York Attorney General announced it has secured $2 billion from the bankrupt cryptocurrency firm Genesis Global to help pay back defrauded victims.
The post New York Attorney General Secures $2B Settlement From Failed Crypto Lender Genesis for Victims appeared first on Cryptonews
NY Attorney General Secures $2 Billion Settlement With Bankrupt Crypto Lender Genesis
21.5.2024
New York Attorney General Letitia James has secured a $2 billion settlement with bankrupt cryptocurrency firms Genesis Global Capital, Genesis Asia Pacific, and Genesis Global Holdco. The settlement, which requires bankruptcy court approval, will establish a victims’ fund to compensate over 29,000...
Failed Crypto Lender Genesis to Disburse $3B to Creditors in Bankruptcy Case
20.5.2024
Judge Sean Lane greenlit Genesis Global's Chapter 11 plan on Friday, allowing the defunct crypto lender to repay creditors roughly $3b in crypto and cash.
The post Failed Crypto Lender Genesis to Disburse $3B to Creditors in Bankruptcy Case appeared first on Cryptonews
Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers
18.5.2024
Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, overruling an objection from its equity owner, Digital Currency Group...
Genesis Global secures court approval for $3B payout
18.5.2024
According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake
DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper
14.5.2024
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers