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Loans
Onramp and Arch Launch Bitcoin-Backed Lending Service
The new lending product allows Bitcoin holders to access liquidity without selling their assets.
Metaplanet Arranges Loan to Buy $6.8M of BTC
The Japanese company announced its plan to adopt bitcoin as a reserve asset to hedge against the volatility of the yen in May.
Crypto Lenders Caused Crypto Contagion Last Year. How Is the Industry Rebuilding?
The "Wild West" era of crypto lending ended in a series of bankruptcies. Now the industry is attempting to rebuild in a sustainable and accountable manner.
DeFi Died and We Didn’t Even Notice
The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance.
Bitcoin Miner Bitfarms Warns of Default, Looks to Amend BlockFi Loan
The outstanding $20 million loan is secured by only $5 million in assets.
BlackRock Gives Bankrupt Bitcoin Miner Core Scientific New $17M Loan
BlackRock, which already was Core's largest shareholder, previously held $37.9 million of the miner's secured convertible notes.
Bitcoin Miner Core Scientific's Lender Wants to Give Miner $72M to Avoid Bankruptcy
Investment bank B Riley said most of the struggling miner's issues are "self-imposed and can be corrected."
Crypto Trader Auros Global Misses Payment on DeFi Loan as FTX Contagion Spreads
The company missed payment on a 2,400 wrapped ether loan worth $3 million from a M11 Credit pool on Maple Finance.
Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
The company has said it will default on the debt Tuesday unless it can reach a restructuring agreement with its lender.
