Celsius Pays Off Last DeFi Loan, Reclaims Nearly $200M of Wrapped Bitcoin From Compound
The troubled crypto lender previously paid off loans from Aave and Maker.
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/IOT3VT4QMFF5XER4UR5FBHI4TY.jpg)
Sponsored
Jul 13, 2022 at 4:21 p.m. UTC
Jul 13, 2022
defi
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/ZWEJELZ5UBC4JLAS6ZX2REEOBA.jpg)
Celsius Pays Off Aave Loan, Moves $418M 'stETH' Stack to Unknown Wallet
The liquidity-stricken crypto lender fully paid off its debt to the decentralized finance protocol, freeing $26 million in tokens as part of its latest debt restructuring maneuver.
Sponsored
Jul 12, 2022 at 10:27 p.m. UTC
Jul 12, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/6LYZV2HB2NDXHGFXZWKSC2YUIA.jpeg)
A16z, Variant Lead $18M Round for Lending Protocol Morpho Labs
The protocol enhances existing lending protocols such as Compound and Aave with peer-to-peer liquidity.
Sponsored
Jul 12, 2022 at 6:45 p.m. UTC
Jul 12, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/SJWPQR4PMNA2FJ25PUP5QQOEKM.jpg)
Celsius Reclaims $410M of 'stETH' Tokens After Paying Down $81M Debt to Aave
The embattled crypto lender Celsius is inching closer to fully paying off its loans from decentralized finance protocols, reducing its outstanding debt to $59 million.
Sponsored
Jul 12, 2022 at 3:04 p.m. UTC
Jul 12, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/KFQWMZ5CSBGYPFUUZZ67XQOYGQ.jpg)
El regulador internacional IOSCO se enfocará en reglas cripto y DeFi globales
En sus primeros dos años, el nuevo grupo de trabajo fintech del emisor de estándares globales se concentrará en establecer recomendaciones de políticas para activos digitales.
Sponsored
Jul 11, 2022 at 7:49 p.m. UTC
Jul 11, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/BJMUWVR5QRBLDGWPYVLKMB5UEQ.jpg)
Celsius Reclaims $172M Collateral From Aave, Compound
The liquidity-strapped crypto lender has paid down $95 million in debt from the two DeFi platforms since Friday.
Sponsored
Jul 11, 2022 at 5:57 p.m. UTC
Jul 11, 2022
International Securities Regulator IOSCO to Focus on Global DeFi, Crypto Rules
In its first two years, the global standard-setter's new fintech task force will concentrate on setting up policy recommendations for digital assets.
Sponsored
Jul 11, 2022 at 1:00 p.m. UTC
Jul 11, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/74QQSEGIERGVXM4UZOBZFC6JII.jpeg)
Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize
The troubled crypto lender Celsius started to make good on the $258 million debt on the decentralized lending protocols Aave and Compound – possibly in an attempt to reclaim collateral it had posted as guarantees. The transactions come just a day after Celsius used a debt-paydown to reclaim collateral on Maker.
Sponsored
Jul 8, 2022 at 8:10 p.m. UTC
Jul 8, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/AT4QYF6G4FBPLDJXSSWNDW77QA.jpg)
Celsius Looks Sloppy in New Lawsuit, but So Does the DeFi Legend Suing It
While underscoring Celsius’s disregard for risk and weak controls, KeyFi’s lawsuit also casts new, unflattering light on the crypto whale known as @0x_b1.
Sponsored
Jul 8, 2022 at 5:23 p.m. UTC
Jul 8, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/PJTR3KRDWJCRVE3QREM6KUOK7A.png)
Crypto News Roundup for July 7, 2022
With ether leading the way among altcoins plus a look at what may trouble DeFi in the future, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Sponsored
Jul 7, 2022 at 3:21 p.m. UTC
Jul 7, 2022