Lending
Crypto Exchange Blockchain.com Faces $270M Hit on Loans to Three Arrows Capital
Blockchain.com “remains liquid, solvent and our customers will not be impacted,” wrote CEO Peter Smith in a letter to shareholders.
TPS Capital Says It's 'Independent' From Three Arrows Capital
In a statement shared on Twitter, TPS Capital says its operations are “separate and distinct” from the beleaguered crypto hedge fund.
Ethereum DeFi Service Porter Finance Shutters Bond Platform, Citing Lack of 'Lending Demand'
The venture capital-backed firm said the lack of “institutional fixed income DeFi adoption” drove its decision.
Lending Platform Vauld Looks to Restructure Amid Crypto Downturn, Suspends Transactions
Vauld has seen around $198 million in withdrawals since June 12.
Troubled Crypto Lender Babel Finance Looking to Hire Restructuring Specialist Houlihan Lokey: Sources
The company is reportedly in the process of signing an engagement letter with the investment banking firm.
Finblox Raises Withdrawal Limit, Explores Legal Action Against Three Arrows Capital
Finblox had imposed a $1,500 withdrawal cap following emergence of its exposure to the hedge fund.
El exchange FTX está cerca de comprar BlockFi por solo $25 millones
La plataforma de préstamos cripto valía $1000 millones a principios de mes, según fue reportado.
Genesis Faces ‘Hundreds of Millions’ in Losses as 3AC Exposure Swamps Crypto Lenders: Sources
The DCG-owned trading colossus is said to have suffered nine-figure losses partly through exposure to Three Arrows Capital and Babel Finance.
The Risks and Benefits of On-Chain Credit Protocols
"Unsecured lending" repeats some of issues of undercollateralized lending that blew up some crypto firms, but offers a potential solution.
CoinFLEX Pauses Withdrawals Amid ‘Extreme Market Conditions’ and Counterparty Uncertainty
The counterparty is not crypto hedge fund Three Arrows Capital, CoinFLEX's CEO said.
