Lending

Jihan Wu's Crypto Lender Matrixport Looks to Raise $100M at $1.5B Valuation
Matrixport has $5 billion in trading volume every month, along with $10 billion in assets under management and custody.

Crypto Lender BlockFi Updates Users on Platform, FTX Exposure
The company denied rumors that a majority of its assets are custodied at collapsed crypto exchange FTX.

Justin Sun Moved $6M Stablecoins From TrueFi Lending Pools Before FTX-Alameda Bankruptcy
Bankrupt trading firm Alameda Research has $7.2 million in outstanding debt from a TrueFi credit facility.

Liquidity Crunch Spreads to Crypto Lending as Institutional Borrowers Max Out Credit Pools
Multiple crypto investment firms received a “warning” label on lending protocol Clearpool for draining almost the maximum amount of credit from their credit pools.

Lending Protocol TrueFi Issues Notice of Default to Invictus Capital for Failing to Repay Loan
Archblock, the underwriter of the loan, joins the court-advised liquidation process of crypto hedge fund Invictus' parent company in an attempt to recover losses for investors.

DeFi Protocol Solend Struck by $1.26M Oracle Exploit
The Stable, Coin98 and Kamino lending pools have all been disabled.

Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan
This is the second time in a month that a lender defaulted on an unsecured loan on the decentralized lending protocol.

DeFi Debt Marketplace Credix to Open a $150M Stablecoin Credit Pool to Digital Lender Clave
Clave will use the pool to originate loans to Latin American businesses and consumers.

Struggling Bitcoin Miners Are Flocking to Maple Finance’s $300M Lending Pool
A pipeline of 10 mining firms will make up the first cohort of borrowers, with some 25 on the waitlist.

Binance Pool lanza un fondo de US$500 millones para apoyar la minería de bitcoin
La empresa es la última en unirse al creciente grupo de prestamistas alternativos que buscan inyectar capital en la golpeada industria de la minería.

