lending

Sherlock_Holmes_1_Charlton_Comics (Wikimedia Commons)
Crypto Audit Platform Sherlock Expects $4M Loss From Troubled Loans on Maple Finance
Sherlock deposited $5 million USDC of its staking pool into the beleaguered credit pool on Maple, which suffered a $31 million hit from Orthogonal Trading’s FTX-induced insolvency.
Sherlock_Holmes_1_Charlton_Comics (Wikimedia Commons)

BlockFi reportedly liquidates 3AC (deepblue4you/Getty images)
DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default.
BlockFi reportedly liquidates 3AC (deepblue4you/Getty images)

CDCROP: Dominoes (Tom Wilson/Unsplash)
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.
CDCROP: Dominoes (Tom Wilson/Unsplash)

CDCROP: Crypto Exchange FTX Grapples With 'Liquidity Crunch' As Binance Deal Fades (Leon Neal/Getty Images)
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.
CDCROP: Crypto Exchange FTX Grapples With 'Liquidity Crunch' As Binance Deal Fades (Leon Neal/Getty Images)

CDCROP: 25 MPH Speed Limit sign (Unsplash)
DeFi Lender Compound Tightens Borrowing Limits After Aave Exploit Attempt
A passed proposal introduces borrowing caps for five cryptocurrencies and sets stricter loan limits for another five.
CDCROP: 25 MPH Speed Limit sign (Unsplash)

Bitmain co-founder Jihan Wu (CoinDesk)
Jihan Wu's Crypto Lender Matrixport Looks to Raise $100M at $1.5B Valuation
Matrixport has $5 billion in trading volume every month, along with $10 billion in assets under management and custody.
Bitmain co-founder Jihan Wu (CoinDesk)

CDCROP: BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)
Crypto Lender BlockFi Updates Users on Platform, FTX Exposure
The company denied rumors that a majority of its assets are custodied at collapsed crypto exchange FTX.
CDCROP: BlockFi CEO Zac Prince at Consensus 2019 (CoinDesk)

CDCROP: CEO of TRON Justin Sun attends Consensus 2019 (Steven Ferdman/Getty Images)
Justin Sun Moved $6M Stablecoins From TrueFi Lending Pools Before FTX-Alameda Bankruptcy
Bankrupt trading firm Alameda Research has $7.2 million in outstanding debt from a TrueFi credit facility.
CDCROP: CEO of TRON Justin Sun attends Consensus 2019 (Steven Ferdman/Getty Images)

CDCROP: Several crypto investment firms drained almost all of their available credit from their credit pools on Clearpool. (Clearpool)
Liquidity Crunch Spreads to Crypto Lending as Institutional Borrowers Max Out Credit Pools
Multiple crypto investment firms received a “warning” label on lending protocol Clearpool for draining almost the maximum amount of credit from their credit pools.
CDCROP: Several crypto investment firms drained almost all of their available credit from their credit pools on Clearpool. (Clearpool)

CDCROP: Court Lawsuit Judge Legal (Shutterstock)
Lending Protocol TrueFi Issues Notice of Default to Invictus Capital for Failing to Repay Loan
Archblock, the underwriter of the loan, joins the court-advised liquidation process of crypto hedge fund Invictus' parent company in an attempt to recover losses for investors.
CDCROP: Court Lawsuit Judge Legal (Shutterstock)