Loans

Loans

Финансы

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)

Финансы

Marathon Doubles Loan Borrowing Capacity to $200M as Mining Rigs Sit Idle

The firm doubled its credit from Silvergate Bank even as Marathon's operations are facing severe downtime and delays.

MARA Holdings CEO Fred Thiel, at the Bitcoin conference in Miami (CoinDesk)

Финансы

Three Arrows Capital Founders Break Their Silence, Look to Move to Dubai: Report

The beleaguered duo discussed how one of the most successful crypto funds went from being a prominent trading desk to owing creditors $2.8 billion.

Su Zhu of Three Arrows (CoinDesk)

Финансы

Exchange argentino Buenbit lanza préstamos cripto y planea nueva ronda de inversión tras despidos

Los usuarios de la plataforma podrán retirar hasta US$ 3333 en nuARS, una criptomoneda estable atada al peso argentino, utilizando DAI, de MakerDAO, como colateral.

Federico Ogue, CEO de Buenbit. (Buenbit)

Финансы

Argentinian Exchange Buenbit Launches Crypto Loans, Plans New Funding After Layoffs

Users of the platform will be able to withdraw up to $3,333 in nuARS, a stablecoin tied to the Argentinian peso, using MakerDAO’s DAI as collateral.

Buenbit CEO Federico Ogue (Buenbit)

Финансы

Celsius Owed $439M by Lending Firm EquitiesFirst: Report

Celsius first borrowed from EquitiesFirst in 2019 before an overcollateralized crypto loan went sour in 2021.

Celsius Network founder and CEO Alex Mashinsky (CoinDesk)

Финансы

Gryphon Mining 'Able to Take Advantage of Opportunities' in Sector

The miner produced 71 bitcoin in June, up from 62 in May.

Racks of crypto mining machines.

Финансы

La plataforma de préstamos cripto CoinLoan limita retiros de dinero

La medida se levantará si las condiciones del mercado lo permiten, dijo la plataforma de préstamos.

CoinLoans limita los retiros de fondos. (BernardaSv/Getty images)

Финансы

Citi Flags Crypto-Backed Real Estate Mortgages Amid Falling Market Conditions

The bank points to the rise of crypto-backed mortgages and financing of digital property purchases.

Citigroup's offices in Canary Wharf in London (Mitch Hogde/Unsplash)

Финансы

Iris Energy Raises 2022 Hashrate Estimate to 4.3 EH/s

The construction of the bitcoin miner's Texas site may be delayed as the firm removed completion estimate.

Bitcoin mining ASICs submerged in immersion cooling liquid at a facility in South Spain. (Eliza Gkritsi)