2023-3-1 14:11 |
Despite Hodlnaut’s creditors insisting on the firm’s liquidation, the founders keep trying to save the business and sell it to potential investors. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Crippled crypto lending platform Hodlnaut is reportedly in plans to liquidate its assets together with its FTX claims. Reports indicate that the firm is allegedly signing disclosure documents with potential buyers.
2023-2-6 16:58 | |
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The troubled Singaporean cryptocurrency lending firm Hodlnaut is negotiating the sale of its business and other assets with several potential investors. Hodlnaut’s FTX accounts held 514 BitcoThe post Troubled Singaporean crypto lender Hodlnaut seeking buyers appeared first on AMBCrypto.
2023-2-6 15:45 | |
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Hodlnaut’s court-appointed judicial managers are reportedly in the process of signing non-disclosure agreements with the potential buyers.
2023-2-7 12:54 | |
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Hodlnaut’s judicial management process has revealed exposure to Terra, while the firm has decided to lay off employees. Hodlnaut Proceedings Continue Hodlnaut is cleaning house as it continues its recovery...
2022-8-20 23:42 | |
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The latest firm to freeze crypto withdrawals is engaged in “proceedings” with Singaporean police.
2022-8-19 08:32 | |
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The latest firm to freeze crypto withdrawals is engaged in “proceedings” with Singaporean police.
2022-8-19 08:32 | |
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Hodlnaut stopped offering exchange services on its platform on Monday, citing liquidity crisis and the need to discuss a recovery strategy with a legal advisory firm as the industry battles to survive in the wake of a collapse in the price of cryptocurrencies.
2022-8-9 01:08 | |
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Aave now controls 51. 5% of the DeFi lending market share, the first time any protocol has crossed the 50% threshold since 2020. The milestone arrives not through competitor collapse but through steady accumulation: Aave's $33.
Aave now controls 51. 5% of the DeFi lending market share, the first time any protocol has crossed the 50% threshold since 2020. The milestone arrives not through competitor collapse but through steady accumulation: Aave's $33.
Decentralized credit protocol Maple reported that none of the platform users’ positions were liquidated during the Feb. 2 price crashes, resulting in no bad debt. It also reported that users deposited $10 million to reinforce their margins over the period to avoid liquidation events.
NYDIG, Stone Ridge’s subsidiary that offers Bitcoin-backed loans, is preparing to expand its offering through float financing, according to the firm’s 2024 investor letter. The letter rebuts common objections to Bitcoin’s (BTC) utility, suggesting that it can generate cash flow through sales and serve as collateral for fiat loans.
The potential deployment on a Bitcoin layer-2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem.
DeFi is poised to create a future where financial services are digital, open, always-on, and borderless, says Bill Barhydt, ceo, Abra.
Celsius' bankruptcy administrator has distributed more than $2.53 billion to some 251,000 creditors, it said in its first status report.
