loans

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: A bitcoin mining farm
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.
CDCROP: A bitcoin mining farm

Markets Daily Podcast Cover
Crypto Update | The Labor Report Wasn't Bad Enough to Make Markets Rally
With bitcoin clinging to the $20K mark following the latest official statistics on the US job market, plus a look at how some people are taking out loans against their crypto, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover

Markets Daily Podcast Cover
Crypto Update | Markets Hopeful as UK Central Bank Turns Easy Money Back On
With bitcoin rising above $20K as risky assets climb on hopes central banks will pivot away from money-tightening policies, plus a look at the irony of student loan debt and NFTs, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover

CDCROP: Salary Loan Office Loans (The New York Public Library/Unsplash)
Latinoamericanos acuden a créditos cripto en medio de una alta inflación y tasas de interés exorbitantes
El sistema bancario tradicional y la inestabilidad económica dificultan la obtención de créditos en América Latina, pero los préstamos cripto están prosperando en toda la región.
CDCROP: Salary Loan Office Loans (The New York Public Library/Unsplash)

bored ape Brooklyn
Bank Run at NFT Lender BendDAO Prompts Attempt to Avert Another Liquidity Crisis
Faulty auction mechanics highlighted the downside of letting people borrow money against their Bored Apes.
bored ape Brooklyn

CDCROP: Marathon Digital CEO Fred Thiel interview at Bitcoin conference in Miami
Marathon Doubles Loan Borrowing Capacity to $200M as Mining Rigs Sit Idle
The firm doubled its credit from Silvergate Bank even as Marathon's operations are facing severe downtime and delays.
CDCROP: Marathon Digital CEO Fred Thiel interview at Bitcoin conference in Miami

Su Zhu of Three Arrows (CoinDesk)
Three Arrows Capital Founders Break Their Silence, Look to Move to Dubai: Report
The beleaguered duo discussed how one of the most successful crypto funds went from being a prominent trading desk to owing creditors $2.8 billion.
Su Zhu of Three Arrows (CoinDesk)

Federico Ogue, CEO de Buenbit. (Buenbit)
Exchange argentino Buenbit lanza préstamos cripto y planea nueva ronda de inversión tras despidos
Los usuarios de la plataforma podrán retirar hasta US$ 3333 en nuARS, una criptomoneda estable atada al peso argentino, utilizando DAI, de MakerDAO, como colateral.
Federico Ogue, CEO de Buenbit. (Buenbit)

Buenbit CEO Federico Ogue
Argentinian Exchange Buenbit Launches Crypto Loans, Plans New Funding After Layoffs
Users of the platform will be able to withdraw up to $3,333 in nuARS, a stablecoin tied to the Argentinian peso, using MakerDAO’s DAI as collateral.
Buenbit CEO Federico Ogue