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Maple Finance Loans $300m to help Struggling Bitcoin Miners

Maple Finance Loans $300m to help Struggling Bitcoin Miners

The lending fund is designed to support crypto mining firms impacted by the market downturn.

JP Morgan Executive Warns of Banking Collapse

JP Morgan Executive Warns of Banking Collapse

Bob Michele, CIO of JP Morgan Asset Management, expresses concern over how US regional banks will operate post-emergency lending programs, warning of potential collapse after First Republic Bank's liquidity issues.

Coinbase Discontinues Plans to Launch Cryptocurrency Lending Product Following SEC’s Warning

Coinbase Discontinues Plans to Launch Cryptocurrency Lending Product Following SEC’s Warning

Ongoing regulatory pressure has pushed Coinbase to scrap plans for a cryptocurrency lending product.

Crypto Broker Genesis Says Lending Business Declined in Q2

Crypto Broker Genesis Says Lending Business Declined in Q2

Genesis blamed the fierce crypto downturn as the reason for the fall of its lending revenues. The company issued new loans worth $40 billion in Q2, a decrease of 9% from Q1.

China's Central Bank and Watchdogs Meet with Jack Ma and Ant Group Execs following Regulation Criticism

China's Central Bank and Watchdogs Meet with Jack Ma and Ant Group Execs following Regulation Criticism

Ant Group founder Jack Ma and the firm’s top executives met with PBoC and three financial regulators as China published new draft rules for online micro-lending.

Listed DeFi Company AQRU unveils Crypto-collateralized Lending Service

Listed DeFi Company AQRU unveils Crypto-collateralized Lending Service

UK-Based DeFi firm, ARQU has launched BlockLender to give clients access to crypto credits

MakerDAO Votes to Bring Another Commercial Bank Into Its Ecosystem

MakerDAO Votes to Bring Another Commercial Bank Into Its Ecosystem

MakerDAO is voting on adding a commercial bank.

Celsius Network Shares Details of Its Creditor as it Raises Cyber Threat Concerns

Celsius Network Shares Details of Its Creditor as it Raises Cyber Threat Concerns

Bankrupt cryptocurrency company Celsius Network has disclosed the information of its creditors in a filing recently provided in court, including names, addresses, amount owed, and email addresses amongst others

Babel Finance Halts Withdrawals as Crypto Market Plunges

Babel Finance Halts Withdrawals as Crypto Market Plunges

Amid the current selloff, Babel Finance has become the latest to suspend withdrawals. The crypto lender said that its woes are triggered by the current difficult market conditions.

Committee Appointed to Represent Unsecured Creditors in Genesis Global bankruptcy

Committee Appointed to Represent Unsecured Creditors in Genesis Global bankruptcy

In the Genesis Global bankruptcy case, unsecured creditors have a seven-member committee.

Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer

Assets Belonging to Troubled Crypto Lender Celsius to go Under the Hammer

Celsius Network Ltd., a troubled and bankrupt crypto lender, has disclosed the auction dates for its assets.

Brazilian Crypto Lender BlueBenx Halts Withdrawals after Suffering Hack of $32M

Brazilian Crypto Lender BlueBenx Halts Withdrawals after Suffering Hack of $32M

Brazilian crypto lending platform BlueBenx is under scrutiny after it halted its users' withdrawals due to a hacking of $32 million.

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