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Tag: Maple Finance

Crypto Lending Platform Maple Finance Unveils Major Overhaul, Stops Lending on Solana

In a previous iteration, assets in the default protection fund were a combination of USDC stablecoin and MPL tokens, and investors could stake their...

Maple Finance Debt Indicates Crypto Lending Risks With No Collateral

The emergence of Maple Finance brought a different approach to the entire process. This bold DeFi lending protocol requires no deposit of extra crypto...

Maple Finance’s $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and...

This Week in Coins: Bitcoin and Ethereum Flat Again, Axie Infinity Sees Rare Jump

This week’s crypto market was another mixed bag as the industry continues to navigate the continued contagion from the FTX collapse. Bitcoin and Ethereum again...

Crypto Audit Platform Sherlock Expects $4M Loss From Troubled Loans on Maple Finance

Orthogonal Trading’s insolvency, triggered $31 million of loans in the credit pool to default this week. The bad debt represents 80% of the credit...

Large Defi Lender Maple Finance Cuts Ties With Insolvent Client That Was Exposed to FTX

Major Defi lending platform Maple Finance has severed ties with a large client it believes “misrepresented its financial position” to creditors owed millions of...

Nexus Mutual Hit With $3M in Ethereum Exposure to Orthogonal Trading Default

The FTX dominoes continue to tumble, as Nexus Mutual revealed roughly $3 million in losses due—via a long string of contiguous events—to the exchange's...

Crypto Markets Today: FTX Fallout Hits Maple Finance; Bitcoin Declines

Collectible Avatars, a set of art tokens based on the Polygon blockchain by social network Reddit, set a minting record of more than 255,000...

Maple Finance severs ties with Orthogonal Trading over insolvency concerns

Institutional crypto lending protocol Maple Finance has moved to end all its business deals with Orthogonal Trading over concerns that the...

Maple Finance Drops Orthogonal Trading Due to Fraud

Maple Finance sever all links with Orthogonal Trading  Orthogonal Trading suffers allegations of financial deception On-chain lending infrastructure is one of Maple’s priorities ...

Maple Finance Says Orthogonal Hid FTX Exposure

Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 people attended the inaugural event in 2022, making Permissionless the world’s largest DeFi conference. ...

DeFi ecosystem still haunted by FTX contagion: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the...

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