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.
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Aug 22, 2022 at 9:55 p.m. UTC
Aug 22, 2022
Loans
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Marathon Doubles Loan Borrowing Capacity to $200M as Mining Rigs Sit Idle
The firm doubled its credit from Silvergate Bank even as Marathon's operations are facing severe downtime and delays.
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Aug 2, 2022 at 2:37 a.m. UTC
Aug 2, 2022
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Three Arrows Capital Founders Break Their Silence, Look to Move to Dubai: Report
The beleaguered duo discussed how one of the most successful crypto funds went from being a prominent trading desk to owing creditors $2.8 billion.
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Jul 22, 2022 at 9:14 a.m. UTC
Jul 22, 2022
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Argentinian Exchange Buenbit Launches Crypto Loans, Plans New Funding After Layoffs
Users of the platform will be able to withdraw up to $3,333 in nuARS, a stablecoin tied to the Argentinian peso, using MakerDAO’s DAI as collateral.
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Jul 18, 2022 at 8:43 p.m. UTC
Jul 18, 2022
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Celsius Owed $439M by Lending Firm EquitiesFirst: Report
Celsius first borrowed from EquitiesFirst in 2019 before an overcollateralized crypto loan went sour in 2021.
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Jul 15, 2022 at 1:44 p.m. UTC
Jul 15, 2022
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Gryphon Mining 'Able to Take Advantage of Opportunities' in Sector
The miner produced 71 bitcoin in June, up from 62 in May.
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Jul 11, 2022 at 4:28 p.m. UTC
Jul 11, 2022
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Citi Flags Crypto-Backed Real Estate Mortgages Amid Falling Market Conditions
The bank points to the rise of crypto-backed mortgages and financing of digital property purchases.
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Jun 29, 2022 at 12:13 p.m. UTC
Jun 29, 2022
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Iris Energy Raises 2022 Hashrate Estimate to 4.3 EH/s
The construction of the bitcoin miner's Texas site may be delayed as the firm removed completion estimate.
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Jun 22, 2022 at 8:54 a.m. UTC
Jun 22, 2022
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Voyager Digital Secures Loans From Alameda to Safeguard Its Assets
The loan will have $200 million cash/USDC-backed credit facility and 15,000 BTC.
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Jun 17, 2022 at 11:22 p.m. UTC
Jun 17, 2022
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MicroStrategy’s New CFO Says Bitcoin Strategy Unchanged Amid Market Drop: Report
Andrew Kang spoke to The Wall Street Journal Wednesday regarding MicroStrategy's bitcoin strategy.
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May 19, 2022 at 1:54 p.m. UTC
May 19, 2022