Loans

DeFi Died and We Didn’t Even Notice
The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance.

Bitcoin Miner Bitfarms Warns of Default, Looks to Amend BlockFi Loan
The outstanding $20 million loan is secured by only $5 million in assets.

BlackRock Gives Bankrupt Bitcoin Miner Core Scientific New $17M Loan
BlackRock, which already was Core's largest shareholder, previously held $37.9 million of the miner's secured convertible notes.

Bitcoin Miner Core Scientific's Lender Wants to Give Miner $72M to Avoid Bankruptcy
Investment bank B Riley said most of the struggling miner's issues are "self-imposed and can be corrected."

Crypto Trader Auros Global Misses Payment on DeFi Loan as FTX Contagion Spreads
The company missed payment on a 2,400 wrapped ether loan worth $3 million from a M11 Credit pool on Maple Finance.

Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
The company has said it will default on the debt Tuesday unless it can reach a restructuring agreement with its lender.

Latinoamericanos acuden a créditos cripto en medio de una alta inflación y tasas de interés exorbitantes
El sistema bancario tradicional y la inestabilidad económica dificultan la obtención de créditos en América Latina, pero los préstamos cripto están prosperando en toda la región.

Bank Run at NFT Lender BendDAO Prompts Attempt to Avert Another Liquidity Crisis
Faulty auction mechanics highlighted the downside of letting people borrow money against their Bored Apes.


