Lending


Finance

CoinFLEX Pauses Withdrawals Amid ‘Extreme Market Conditions’ and Counterparty Uncertainty

The counterparty is not crypto hedge fund Three Arrows Capital, CoinFLEX's CEO said.

Does the UST meltdown say anything about the future and promises of crypto? (FLY:D/Unsplash, modified by CoinDesk)

Finance

Nexo Hires Citigroup to Advise on Acquisitions

The crypto lender is planning to buy rival platforms.

(Getty Images)

Finance

Hong Kong’s Hoo.com Expects to Re-Open Some Token Withdrawals Today; Finblox Takes Steps to Address Liquidity

Several Hong Kong-based crypto platforms have made changes to their policies amid the market upheaval and liquidity crunches.

Hong Kong where Tether is headquartered (Ruslan Bardash/Unsplash).

Finance

Celsius Network Pauses AMAs, With Customers Left in the Dark Over Withdrawals

Celsius has not yet provided an update on the status of withdrawals from its platform as regulators investigate.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Finance

Babel Finance Reaches Debt Agreement With Counterparties After Withdrawal Freeze

The company will continue to communicate with shareholders as it looks to obtain liquidity support.

Flex Yang, co-founder of Babel Finance

Finance

Ex-Sushi CTO Raises $8M for NFT Lending Platform Astaria

The platform, led by CEO Justin Bram and DeFi vet Joseph Delong, aims to provide instant liquidity for your JPEGs and should be available to the public by September.

toys-4620231_1920

Finance

DeFi Protocol Solend Passes Governance Vote to Reverse ‘Emergency Powers’

An emergency governance vote has been passed as Solend plans to take less drastic measures on the liquidation of a large Solana borrower.

(Arnaud Jaegers/Unsplash)

Finance

Solend’s Whale Liquidation Crisis Prompts Second Vote to Reverse ‘Emergency Powers’

The Solana-based borrowing and lending service is going back to the ballot box.

(Danny Nelson for CoinDesk)

Finance

Babel Finance Suspends Withdrawals, Citing 'Unusual Liquidity Pressures'

Babel Finance has responded to a market downturn by temporarily freezing withdrawals and redemptions.

Hong Kong where Tether is headquartered (Ruslan Bardash/Unsplash).

Finance

Crypto Lender Celsius Hires Restructuring Attorneys, WSJ Reports

Celsius announced early Monday it would pause withdrawals along with its swap and transfer products, citing "extreme market conditions."

(Getty Images)