Lending News

The lending pool is open to mid-sized bitcoin mining providers. Real-world assets will be required for the loan which is repayable over a 12-18 months period.

Voyager said it had received multiplied bids from over 22 parties interested in buying up its assets.

The firm has filed a petition to allow eligible customers to withdraw assets from its custody program and Withhold accounts.

The lender, which returned all SOL, XRP and ADA tokens to users over the past week, will allow withdrawal of up to 0.0045 BTC from Aug. 16.

Despite the recent liquidity crisis among several crypto lenders, the Fairfax county pension funds expect to earn "attractive yields."

Zipmex said that it is working to recover funds from Babel Finance and has signed a MOU with two investors to fully re-enable withdrawals.

Aave DAO gives development team the greenlight to launch its decentralized stablecoin GHO. Aave users will mint the stablecoin against their supplied collateral.

The court has asked Vauld to share cash flow and management of accounts details with creditors within two and eight weeks respectively.

Celsius has downplayed the extent of the breach, saying its systems and security was not impacted.

BlockFi's quarterly transparency report revealed the company has $1.8 billion in outstanding loans to clients and that it was able to return at least 50% of the total amounts due to clients in less than 7 days.

The card is linked to Nexo's crypto Credit Lines, and using digital assets as collateral enables users to make fiat payments at over 90 million Mastercard merchants.

Invictus Capital ousted its founder and allegedly moved investors' funds into UST and Celsius and refused to exit positions.

Celsius has maintained a positive tone despite filing a Chapter 11 bankruptcy claim on July 13.

The remaining 90% of customer funds will be locked and cannot be withdrawn, traded or used as collateral until further notice.

Celsius has officially filed for Chapter 11 Bankruptcy after it pays off its DeFi loans on Aave, Compound, and Maker.

Amid its ongoing liquidity crisis, Celsius has paid off its debt to Compound of over $50 million, reclaiming 10,000 WBTC.

State authorities in Texas, Alabama, and Vermont are investigating the operations of crypto lending firms like Celsius over offering unregistered securities.

CoinFLEX alleges the debt owed by Roger Ver has almost doubled since first being reported. Stakeholders, including the SmartBCH Foundation, are closely monitoring to ensure the interests of all involved are being protected.