Maple Finance's $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral
Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major ...
Read moreMaple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major ...
Read moreOrthogonal Trading’s insolvency, triggered $31 million of loans in the credit pool to default this week. The bad debt represents ...
Read moreHowever, more Nexus funds appear to be endangered. Orthogonal Trading’s defaulted debt on Maple’s wrapped ether credit pool amounts to ...
Read moreThe cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter ...
Read moreBlockchain-based lending platform Maple Finance severed ties with crypto firm Orthogonal Trading, alleging it was "misrepresenting its financial position." The ...
Read more"Orthogonal's default showcases how uncollateralized loans in are still reliant on centralized parties for underwriting, antithetical to the ethos of ...
Read moreMaple is a lending-specific web service Maple had serviced $1.8 billion in loans$300 million lending pool for miners was funded by ...
Read moreThe Maven 11 pool will provide loans to crypto market makers, or large firms that provide enough money to exchanges ...
Read moreCrypto capital markets platform Maple Finance has expanded support to the Solana blockchain and has deployed a $45 million fund ...
Read moreCelsius, a crypto lending platform best known for paying out yield considerably higher than bank savings accounts on stablecoin deposits, ...
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