Stablecoins are among the latest inventions in the crypto world. They make it easier and safer to transact, which is why they attract new investors daily.
Cryptocurrencies seem to be opening new opportunities daily. This is pretty impressive, especially considering that crypto assets have not been around for that long.
Crypto loans are disrupting traditional loans and rewriting the rules. Before you decide whether crypto-backed loans are for you, learn everything you need to know here.
Summary: Maple has released Maple 2.0, a fundamental upgrade of its smart contract architecture. This version comes with new features that will help improve the quality of services to Maple’s users and partners.
Nexus Mutual is facing a $3 million loss due to Orthogonal Trading’s loan default. This accounts for about 1.5% to 2.6% of the company’s assets. Nexus has initiated actions to recover available funds in the M11 pool.
Maple Finance has cut ties with Orthogonal trading due to its $36 million default loan. The lending firm expressed disappointment in Orthogonal, citing its misrepresentation of financial position as a violation of agreements.
Aave has temporarily frozen lending markets for 17 Ethereum-based tokens. According to the approved proposal, these are low-liquidity asset pools, and their freezing will reduce the risk profile for highly volatile assets.
Iris Energy is facing default claims from its lenders over a $103 million default loan of the Non-Recourse SPVs. The firm has disagreed with the alleged notice, stating that modifications need to be made for each term of the facility.
Singapore wants to ban retail investors from borrowing funds to trade cryptocurrency and generating returns from lending and staking. But it does not seek to prohibit crypto services outrightly.
The rise of cryptocurrencies in the financial world has opened the doorway to many investment methods. This includes using your cryptos to invest in real estate to multiply your earnings.
Crypto lender, Moon Mortgage, plans to launch a product that allows investors to use cryptocurrencies as collateral for financing real estate investments. This follows its successful $3.5M seed round for product expansion.
DefiLlama’s 0xngmi has moved into NFT lending to tackle liquidity constraints. With the launch of LlamaLend, users can become liquidity providers for their NFT collections and enjoy other benefits.
TrueFi has issued its first notice of default on the BUSD loan to Blockwater Technologies. The firm owes TrueFi over $3.4 million and has only been able to pay $645,000.
Euler Finance will now be accepting USDT as collateral for loans. The proposal, supported by 88% of the voters, has made Euler the largest Ethereum-driven lending protocol that allows users to take loans with USDT.
Cryptocurrencies seem to be opening new opportunities daily. This is pretty impressive, especially considering that crypto assets have not been around for that long.
Crypto loans are disrupting traditional loans and rewriting the rules. Before you decide whether crypto-backed loans are for you, learn everything you need to know here.
Summary: Maple has released Maple 2.0, a fundamental upgrade of its smart contract architecture. This version comes with new features that will help improve the quality of services to Maple’s users and partners.
Nexus Mutual is facing a $3 million loss due to Orthogonal Trading’s loan default. This accounts for about 1.5% to 2.6% of the company’s assets. Nexus has initiated actions to recover available funds in the M11 pool.
Maple Finance has cut ties with Orthogonal trading due to its $36 million default loan. The lending firm expressed disappointment in Orthogonal, citing its misrepresentation of financial position as a violation of agreements.
Aave has temporarily frozen lending markets for 17 Ethereum-based tokens. According to the approved proposal, these are low-liquidity asset pools, and their freezing will reduce the risk profile for highly volatile assets.
Iris Energy is facing default claims from its lenders over a $103 million default loan of the Non-Recourse SPVs. The firm has disagreed with the alleged notice, stating that modifications need to be made for each term of the facility.
Singapore wants to ban retail investors from borrowing funds to trade cryptocurrency and generating returns from lending and staking. But it does not seek to prohibit crypto services outrightly.
The rise of cryptocurrencies in the financial world has opened the doorway to many investment methods. This includes using your cryptos to invest in real estate to multiply your earnings.
Crypto lender, Moon Mortgage, plans to launch a product that allows investors to use cryptocurrencies as collateral for financing real estate investments. This follows its successful $3.5M seed round for product expansion.
DefiLlama’s 0xngmi has moved into NFT lending to tackle liquidity constraints. With the launch of LlamaLend, users can become liquidity providers for their NFT collections and enjoy other benefits.
TrueFi has issued its first notice of default on the BUSD loan to Blockwater Technologies. The firm owes TrueFi over $3.4 million and has only been able to pay $645,000.
Euler Finance will now be accepting USDT as collateral for loans. The proposal, supported by 88% of the voters, has made Euler the largest Ethereum-driven lending protocol that allows users to take loans with USDT.
