maple finance

CDCROP: Photo of FTX website (Rob Mitchell/CoinDesk)
Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance
Auros Global has missed its payments on decentralized finance loans since November, citing funds frozen on the collapsed crypto exchange FTX.
CDCROP: Photo of FTX website (Rob Mitchell/CoinDesk)

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: Judge's Hammer (Pixabay)
Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults
Orthogonal defaulted on $36 million of loans on DeFi protocol Maple earlier this month after it allegedly misrepresented the scale of its losses from the FTX implosion.
CDCROP: Judge's Hammer (Pixabay)

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: 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)

Sid Powell, CEO of Maple Finance (Maple Finance)
Celsius Links Up With Maple Finance for Liquidity Play
Crypto lending platform Celsius will get exposure to yield from market makers Wintermute and Amber by delegating $30 million of wETH to Maple’s pools.
Sid Powell, CEO of Maple Finance (Maple Finance)