Maple finance

Maple finance

Videos

What Silvergate Woes Mean For Stablecoins

Digital assets data provider Kaiko says Silvergate Capital's decision to shutter its instant settlement service SEN, which was popular among large investors, will boost the role of stablecoins and their issuers in crypto trading. Maple Finance Head of Capital Markets Quinn Thompson discusses Kaiko's assessment and the outlook for stablecoins.

CoinDesk placeholder image

Videos

BTC, ETH Trading Flat Ahead of Powell Testimony

Maple Finance Head of Capital Markets Quinn Thompson discusses his outlook for the crypto markets as BTC, ETH, and most other major cryptocurrencies continue to trade flat ahead of U.S. Federal Reserve Chair Jerome Powell speaking before Congress on Tuesday. Plus, insights into the stablecoin market.

CoinDesk placeholder image

Finance

Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance

Auros Global has missed its payments on decentralized finance loans since November, citing funds frozen on the collapsed crypto exchange FTX.

Twitter Spaces: FTX – 1) What

Markets

Maple Finance Plots Comeback With New $100M Liquidity Pool for Tax Receivables With 10% Yield

After defaults and a major overhaul, crypto lending protocol Maple Finance moves away from uncollateralized lending toward bringing yield-generating real-world assets to crypto investors.

(Unsplash)

Markets

Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults

Orthogonal defaulted on $36 million of loans on DeFi protocol Maple earlier this month after it allegedly misrepresented the scale of its losses from the FTX implosion.

(Pixabay)

Markets

Crypto Trading Firm Auros, Hit by FTX Collapse, Discloses Provisional Liquidation

The move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice. Auros missed payments on $17.7 million of loans from lending pools on bad debt-ridden protocol Maple Finance.

(Leon Neal/Getty Images)

Videos

Outlook on Crypto Lending With Maple Finance CEO

Maple Finance CEO Sid Powell discusses his outlook for the undercollateralized lending business in the long term, following a recent loan default hit by the fall of FTX. Plus, he shares improvements with Maple 2.0.

Recent Videos

Videos

Maple Finance Announces Major Upgrade, Stops Lending on Solana

Blockchain-based lending platform Maple Finance unveiled a major protocol overhaul in an attempt to improve on shortcomings highlighted by a spate of recent loan defaults after being hit with the FTX fallout. Maple Finance CEO Sid Powell discusses the upgrade and state of crypto lending in the wake of FTX's collapse.

Recent Videos

Markets

Crypto Lending Platform Maple Finance Unveils Major Overhaul, Stops Lending on Solana

The improvements attempt to solve Maple’s design shortcomings highlighted during a recent debt crisis, but they may reduce incentives for holding the protocol’s native MPL token in its new form, an analyst said.

(Unsplash)

Markets

Maple Finance's $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral

Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade. The project's MPL token has plunged, and depositors are likely to stomach big losses. Here's how it happened, and what comes next.

There's some $54 million of sour debt on Maple Finance's lending platform because some of its largest borrowers were devastated in the FTX-blowup. (Michael Diane/Unsplash)