Credit


Finance

S&P Global, Coinbase Back $6M Fundraise for Crypto Firm Credora

The startup provides technological infrastructure for institutional credit across centralized and decentralized finance.

(Pixabay)

Markets

China's 'Credit Impulse' Is Picking Up. Here's Why It Matters to Bitcoin

Credit impulse, an indicator introduced by former Deutsche Bank economist Michael Biggs, measures the change in new credit issued as a percentage of the gross domestic product.

(Pixabay)

Finance

M11 Credit Resumes Crypto Lending on Maple Finance After FTX-Spurred Pause

The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX’s November collapse.

Lending money handing over paying cash (Shutterstock)

Markets

Securities Platform DEFYCA to Release Tokenized Private Debt Protocol on Avalanche

DEFYCA’s launch highlights the growing trend of bringing tokenized versions of traditional markets like debt to blockchain-based protocols.

(Danny Nelson/CoinDesk)

Markets

Decentralized Lending Protocol Centrifuge Accrues $6M Unpaid Debt

1754 Factory, the originator of the debt pool with the most distressed loans, said it is liquidating the assets off-chain and negotiating with borrowers for repayments.

Wikimedia Commons

Finance

CoinDesk Research’s 2022 Annual Crypto Review

Even though 2022 was a bear market it was an eventful year for all facets of the crypto industry.

(Kevin Ross/CoinDesk)

Markets

FTX Contagion Spreads as Orthogonal Trading Gets Default Notice for $36M Debt on Maple Finance

Creditor M11 Credit issued a default notice to Orthogonal Trading for $36 million of loans, while Maple Finance severed all ties with Orthogonal for misrepresenting its financial position.

Crypto hedge fund Orthogonal Trading appears to be the next firm becoming insolvent after crypto exchange FTX's implosion. (Tom Wilson/Unsplash)

Markets

Morgan Stanley Says There Is Still Much Leverage in the Crypto Ecosystem

Retail investors may start to sell if bitcoin trades below $10,000, the report said.

Morgan Stanley sees more deleveraging coming in the crypto industry. (PIRO/Pixabay)

Opinion

Anyone Can Start a Hedge Fund: How On-Chain Credit Changes the Crypto Economy

Undercollateralized loans open crypto into new forms of financing, and could spur a wave of trading activity and capital formation.

(Dan Cristian Pădureț/Unsplash, modified by CoinDesk)

Finance

Celsius Creditors Move to Subpoena Lending Firm Equities First for $439M Collateral Repayment

The money is collateral posted against a loan Celsius took from the company and which Equities First was unable to repay.

Alex Mashinsky, fundador y CEO de Celsius Network, en Consensus 2019. (CoinDesk)

Pageof 4