Crypto Lending


Policy

Celsius Crypto Borrowers Call for Bankruptcy Trustee, Oppose US DOJ Move to Appoint Examiner

While a bankruptcy court should appoint an independent examiner to investigate Celsius’ financials, the examiner should not work for the U.S. Trustee’s office, a group of Celsius borrowers said.

(Shutterstock)

Videos

Legal Expert: Not Enough Money to Go Around Celsius

As a new cashflow statement comes to light in Celsius Network's third bankruptcy hearing, Hodder Law Firm Managing Partner Sasha Hodder says the crypto lender just does not have "enough assets to go around." She adds that this will be particularly damaging for its Earn program customers. Plus, is Celsius still on track to run out of money by October?

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Finance

Crypto Lender Hodlnaut Faces Singapore Police ‘Actions’ and Job Cuts

The firm, which is the latest in the crypto world to freeze withdrawals, said it is engaged in “proceedings” with authorities.

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Videos

Crypto Broker Genesis Cuts 20% Staff, CEO Michael Moro Steps Down

Genesis CEO Michael Moro is stepping down, as the crypto broker slashes 20% of its 260-person workforce. It follows major losses tied to the collapse of Three Arrows Capital earlier this summer. “The Hash” panel discusses the latest fallout of crypto winter, the human toll, and what it reveals about the state of crypto lending.

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Finance

Maple Finance, a DeFi Platform for Institutional Lending, Unveils $40M Liquidity Pool

The pool is backed by crypto-native investment firm Maven 11.

Sid Powell, CEO of Maple Finance (Maple Finance)

Policy

Canadian Regulators Probing Crypto Lender Celsius Network Alongside US: Report

Authorities are looking at what impact the firm’s multibillion-dollar collapse had on users.

Canadian regulators are working with their U.S. counterparts in investigating crypto lender Celsius Network. (Chris Robert/Unsplash)

Finance

Crypto Lender Hodlnaut Freezes Withdrawals, Citing Market Conditions

The firm also pulled out its application to be regulated in Singapore.

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Videos

Market Bottom Being Tested? Zipmex In Buyout Talks

Silvergate CEO warns crypto market pain will continue, but still bullish on Bitcoin lending. DeFi total value locked plunged 67% in Q2. Zipmex in talks with potential buyers. FTX proposes liquidity plan for Voyager Digital customers. FTX reportedly in talks to buy South Korean crypto exchange Bithumb.

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Videos

Voyager: ‘No Customer Will be Made Whole’ Under FTX Proposal

507 Capital Partner Thomas Braziel discusses his take on FTX's proposal to offer early liquidity to customers of crypto lender Voyager, saying their best bet is to "be patient and let the bankruptcy court process run a full auction." Plus, insights into Mt. Gox's bankruptcy case of 2014 and how it differs from Voyager's, citing the benefits of the American court system.

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Crypto Lender Nexo Faces Declining Deposits

An analysis of Nexo's attestations reveals just how much its deposits have declined in recent months. The crypto lender may have suffered from withdrawals similar to those that led to troubles at its rivals. "The Hash" team discusses where Nexo fits into the wider crypto lending landscape and its yield crisis.

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