Lending News

The Bitcoin miner restructured its debt with its creditors, giving it more time to repay and further opportunities to reduce its debt burden.

TrueFi, Maple Finance, Goldfinch, and Centrifuge collected the third, fourth, seventh, and tenth largest sum in interest, respectively.

The company's plans must still be approved by courts and creditors.

Maple Finance Q4 report shows it originated about $87 million across 23 new loans, which is down by 67% from its previous record of $262 million.

Ben Zhao said Mirana's reported $151 million exposure was collateralized by around $120 million which has already been liquidated.

Genesis' bankruptcy filing shows a much lower debt liability to Gemini Earn users than the $900M debt Cameron Winklevoss had claimed.

Genesis' custody, derivatives, broker-dealer, and spot trading business are not part of the bankruptcy proceedings.

The charges concern Nexo's EIP, which is no longer offered in the U.S.

Silvergate reported a net loss of $1 billion and a decrease in digital asset customers and customer-related fee income.

The now-defunct service allegedly constituted an unregistered securities offering.

DCG is trying to liquidate its venture capital holdings worth $500 million, which is less than 17% of Genesis' outstanding debt.

The exchange has finally terminated its loan agreement with Genesis.

Nexo won't acquire the customers or assets of its failed competitor.

Genesis CEO said the firm remains focused on its effort to solve its financial issues.

The claimants allege that Genesis breached its agreement with Gemini Earn users and engaged in the unregistered sale of securities.

Nexo suggests that its plans continue despite Vauld's insistence to the contrary.

The company intends to gain court authorization and allow users to retrieve funds.

Nexus Mutual has initiated a withdrawal process for its remaining assets — roughly 12,887 ETH — from the M11 Credit pool.