Loans

Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)
Crypto Lenders Caused Crypto Contagion Last Year. How Is the Industry Rebuilding?
The "Wild West" era of crypto lending ended in a series of bankruptcies. Now the industry is attempting to rebuild in a sustainable and accountable manner.
Ledn's Mauricio Di Bartolomeo argues that the crypto lending industry can rebuild trust following a disastrous 2022. (Mathieu Stern/Unsplash, modified by CoinDesk)

Curve founder Michael Egorov took out highly leveraged loans. (Michael Egorov, modified by CoinDesk)
DeFi Died and We Didn’t Even Notice
The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance.
Curve founder Michael Egorov took out highly leveraged loans. (Michael Egorov, modified by CoinDesk)

Bitfarms mining rigs (Eliza Gkritsi/CoinDesk)
Bitcoin Miner Bitfarms Warns of Default, Looks to Amend BlockFi Loan
The outstanding $20 million loan is secured by only $5 million in assets.
Bitfarms mining rigs (Eliza Gkritsi/CoinDesk)

(Shutterstock)
BlackRock Gives Bankrupt Bitcoin Miner Core Scientific New $17M Loan
BlackRock, which already was Core's largest shareholder, previously held $37.9 million of the miner's secured convertible notes.
(Shutterstock)

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)
Bitcoin Miner Core Scientific's Lender Wants to Give Miner $72M to Avoid Bankruptcy
Investment bank B Riley said most of the struggling miner's issues are "self-imposed and can be corrected."
Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

(Leon Neal/Getty Images)
Crypto Trader Auros Global Misses Payment on DeFi Loan as FTX Contagion Spreads
The company missed payment on a 2,400 wrapped ether loan worth $3 million from a M11 Credit pool on Maple Finance.
(Leon Neal/Getty Images)

A bitcoin mining farm (Marko Ahtisaari/Flickr)
Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
The company has said it will default on the debt Tuesday unless it can reach a restructuring agreement with its lender.
A bitcoin mining farm (Marko Ahtisaari/Flickr)

Markets Daily Podcast Cover
Crypto Update | The Labor Report Wasn't Bad Enough to Make Markets Rally
With bitcoin clinging to the $20K mark following the latest official statistics on the US job market, plus a look at how some people are taking out loans against their crypto,...
Markets Daily Podcast Cover

Markets Daily Podcast Cover
Crypto Update | Markets Hopeful as UK Central Bank Turns Easy Money Back On
With bitcoin rising above $20K as risky assets climb on hopes central banks will pivot away from money-tightening policies, plus a look at the irony of student loan debt and N...
Markets Daily Podcast Cover

A Bored Ape owner searches for upside without risking auction liquidation. (Danny Nelson/CoinDesk)
Bank Run at NFT Lender BendDAO Prompts Attempt to Avert Another Liquidity Crisis
Faulty auction mechanics highlighted the downside of letting people borrow money against their Bored Apes.
A Bored Ape owner searches for upside without risking auction liquidation. (Danny Nelson/CoinDesk)