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Lending
Crypto Lender Nexo Allocates Additional $50M for Token Buyback Initiative
After purchasing its native tokens, Nexo will hold them in a vesting period for 12 months.
Crypto Lender Hodlnaut Placed Under Interim Judicial Management by Singapore Court
The Singapore-based lender was placed under interim judicial management, a type of creditor protection, on Aug. 29.
Bankrupt Crypto Lender Celsius Now Says It Likely Has Enough Cash to Last Through End of Year
The chief financial officer said during a bankruptcy hearing the company will receive additional funds via maturing loans, and sales and use tax savings.
Solana’s Biggest DeFi Lender Is Leaning Into 'Permissionless' Loan Markets
These “permissionless pools'' don't have any of the safeguards afforded to Solend’s whitelisted markets. That’s by design.
Crypto Lender Nexo Sues Former Director Over $7.9M Trading Loss: Report
Nexo was locked out of a BitMEX account connected to its former director, resulting in $7.9 million in losses.
DeFi Firms Iron Bank, Yearn Finance Join Layer 2 Protocol Optimism
Developers of the DeFi protocols said companion blockchain networks offer improved security and capital efficiency for users.
Crypto Lender Hodlnaut Applies for Creditor Protection in Singapore
Hodlnaut is looking to appoint a judicial manager to avoid liquidating customer assets at a loss.
Maple Finance, a DeFi Platform for Institutional Lending, Unveils $40M Liquidity Pool
The pool is backed by crypto-native investment firm Maven 11.
Crypto Lender Hodlnaut Freezes Withdrawals, Citing Market Conditions
The firm also pulled out its application to be regulated in Singapore.
Lender Babel Finance Lost $280M Trading Customer Funds: Report
The firm is looking to convert hundreds of million in debt into equity after a series of trading losses.
