Crypto Lending

Chris Giancarlo on Future of China's Digital Yuan
Former CFTC Chair Chris Giancarlo discusses the potential impact of central bank digital currencies (CBDCs) on crypto lending and global finance. ""You could envision a world 10 years from now where a third of the globe"" is using the digital Yuan because they're engaged with China, Giancarlo said.

Celsius Network Files for Chapter 11 Bankruptcy
The crypto lender said it has $167 million in cash on hand and will continue to freeze customer withdrawals.

California Is Investigating ‘Multiple’ Crypto Lending Companies
The state’s Department of Financial Protection and Innovation is looking at whether firms that have suspended customer withdrawals and transfers have violated its laws.

Celsius Network Pays Off Maker Loan, Freeing Up $440M of Collateral
The troubled crypto lender paid down the remaining $41 million of its debt on the DeFi platform.

Celsius Repays $183M on DeFi Protocol Maker, Gets Back Collateral, Blockchain Data Shows
The troubled crypto lender paid down $183 million of its debt to the decentralized lending protocol Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped.

La plataforma de préstamos cripto CoinLoan limita retiros de dinero
La medida se levantará si las condiciones del mercado lo permiten, dijo la plataforma de préstamos.

CoinLoan Is the Latest to Limit User Withdrawals
The measure will be lifted if market conditions allow, the crypto lender said.

Ledn Makes Competing Bid for Troubled Crypto Lender BlockFi: Report
BlockFi CEO Zac Prince denied a story that his company had agreed to a sale to FTX for just $25 million.

Solana’s Biggest DeFi Lender Almost Got Rekt. Then Binance Stepped In
Solend’s whale crisis rattled depositors and threatened to crash Solana. Can the lending protocol recover?

Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows
FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors.

