Lending

Lending

Фінанси

Lending Platform Vauld Looks to Restructure Amid Crypto Downturn, Suspends Transactions

Vauld has seen around $198 million in withdrawals since June 12.

Lending platform Vauld suspended withdrawals, trading and deposits. (Shutterstock)

Фінанси

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.

Flex Yang, co-founder of Babel Finance (Babel)

Фінанси

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.

Finblox increases withdrawal limit. (Thom Masat/Unsplash)

Фінанси

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.

Sam Bankman-Fried, CEO de FTX. (Stefani Reynolds/Bloomberg via Getty Images)

Фінанси

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.

Genesis Trading Michael Moro at the Crypto Bahamas event in April 2022 (Danny Nelson/CoinDesk)

Думки

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.

(Brad Helmink/Unsplash)

Фінанси

CoinFLEX Pauses Withdrawals Amid ‘Extreme Market Conditions’ and Counterparty Uncertainty

The counterparty is not crypto hedge fund Three Arrows Capital, CoinFLEX's CEO said.

Does the UST meltdown say anything about the future and promises of crypto? (FLY:D/Unsplash, modified by CoinDesk)

Фінанси

Nexo Hires Citigroup to Advise on Acquisitions

The crypto lender is planning to buy rival platforms.

(Getty Images)

Фінанси

Hong Kong’s Hoo.com Expects to Re-Open Some Token Withdrawals Today; Finblox Takes Steps to Address Liquidity

Several Hong Kong-based crypto platforms have made changes to their policies amid the market upheaval and liquidity crunches.

Hong Kong where Tether is headquartered (Ruslan Bardash/Unsplash).

Фінанси

Celsius Network Pauses AMAs, With Customers Left in the Dark Over Withdrawals

Celsius has not yet provided an update on the status of withdrawals from its platform as regulators investigate.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Розсилки

Newsletter thumbnail
CoinDesk Headlines