lending

CDCROP: Maple Leaves on a tree (Unsplash)
Maple Finance Plots Comeback With New $100M Liquidity Pool for Tax Receivables With 10% Yield
After defaults and a major overhaul, crypto lending protocol Maple Finance moves away from uncollateralized lending toward bringing yield-generating real-world assets to crypto investors.
CDCROP: Maple Leaves on a tree (Unsplash)

CDCROP: Ghosts in a pool (MidJourney/CoinDesk)
Aave Community Voting to Deploy Version 3 on Ethereum
If the proposal passes, the latest iteration of the Aave protocol will come to the Ethereum blockchain, Aave’s first and largest market.
CDCROP: Ghosts in a pool (MidJourney/CoinDesk)

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Fintech Firm Arch Starts Crypto Lending Product, Raises $2.75M
The fintech startup plans to allow other alternative assets as collateral in the future.
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CDCROP: GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)
Crypto Broker Genesis' CEO Tells Clients It Needs More Time to Sort Out Finances
Genesis halted withdrawals in November in aftermath of FTX's collapse.
CDCROP: GENESIS Logo Photomosh (Genesis Trading, Modified by CoinDesk)

CDCROP: Crypto Exchange FTX Grapples With 'Liquidity Crunch' As Binance Deal Fades (Leon Neal/Getty Images)
Crypto Trading Firm Auros, Hit by FTX Collapse, Discloses Provisional Liquidation
The move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice. Auros missed payments on $17.7 million of loans from lending pools on bad debt-ridden protocol Maple Finance.
CDCROP: Crypto Exchange FTX Grapples With 'Liquidity Crunch' As Binance Deal Fades (Leon Neal/Getty Images)

CDCROP: Vintage bank vault and security boxes (Getty Images)
Protocol Developer Archblock Aims to Bring US Community Banks to DeFi Through Partnership
Archblock and Adapt3r's joint effort highlights an accelerating trend in DeFi to cozy up with old-school banking.
CDCROP: Vintage bank vault and security boxes (Getty Images)

CDCROP: Maple Leaves on a tree (Unsplash)
Crypto Lending Platform Maple Finance Unveils Major Overhaul, Stops Lending on Solana
The improvements attempt to solve Maple’s design shortcomings highlighted during a recent debt crisis, but they may reduce incentives for holding the protocol’s native MPL token in its new form, an analyst said.
CDCROP: Maple Leaves on a tree (Unsplash)

There's some $54 million of sour debt on Maple Finance's lending platform, as some of its largest borrowers were devastated in the FTX-blowup. (Michael Diane/Unsplash)
Maple Finance's $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral
Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade. The project's MPL token has plunged, and depositors are likely to stomach big losses. Here's how it happened, and what comes next.
There's some $54 million of sour debt on Maple Finance's lending platform, as some of its largest borrowers were devastated in the FTX-blowup. (Michael Diane/Unsplash)

Sherlock_Holmes_1_Charlton_Comics (Wikimedia Commons)
Crypto Audit Platform Sherlock Expects $4M Loss From Troubled Loans on Maple Finance
Sherlock deposited $5 million USDC of its staking pool into the beleaguered credit pool on Maple, which suffered a $31 million hit from Orthogonal Trading’s FTX-induced insolvency.
Sherlock_Holmes_1_Charlton_Comics (Wikimedia Commons)

BlockFi reportedly liquidates 3AC (deepblue4you/Getty images)
DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default.
BlockFi reportedly liquidates 3AC (deepblue4you/Getty images)