Loans

Loans

Opinion

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.

Curve founder Michael Egorov was liquidated, again. (Michael Egorov, modified by CoinDesk)

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.

(Eliza Gkritsi/CoinDesk)

Finance

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.

BlackRock headquarters (Shutterstock)

Finance

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."

Core Scientific CEO Mike Levitt (Danny Nelson/CoinDesk)

Markets

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.

(Leon Neal/Getty Images)

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.

El bear market afectó los precios de minería de bitcoin. (Marko Ahtisaari/Flickr)

Finance

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.

Las tasas para los préstamos de los bancos tradicionales aumentaron exponencialmente, lo que potenció el crecimiento de plataformas de préstamos cripto. (Unsplash)

Finance

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.

A Bored Ape owner searches for upside without risking auction liquidation. (Danny Nelson/CoinDesk)