Contagion

Supply hyperlink

Shortly after Orthogonal bought served with default notices on $36 million of crypto loans from Maple Finance, the agency’s credit score crew printed an announcement saying it was “speechless” and unaware of the extent of the buying and selling crew’s…

Supply hyperlink

Supply hyperlink

The FTX contagion that began within the second week of November continues to be haunting varied crypto protocols within the DeFi The most recent to fall prey to the contagion consists of the Solana-based decentralized trade (DEX) Serum, of…

Core Scientific, Bitfarms and Genesis Digital Property are amongst miners which have direct and oblique publicity to the Supply hyperlink

Institutional credit score underwriter M11 Credit score, which manages liquidity swimming pools on Maple Finance, informed its followers in a 30 Twitter thread that the Auros had missed a principal cost on the two,400 wETH mortgage, which is value…

The corporate missed fee on a 2,400 wrapped ether mortgage, price $3 million, from a M11 Credit score pool on Maple Supply hyperlink

The liquidity supplier, which closed the funding in September, had minimal publicity to the collapsed Supply hyperlink

However, these aren’t regular reality, within the days following FTX’s 11 chapter submitting, stablecoin “dominance,” the sector’s share of general cryptocurrency market capitalization, elevated to 18%, an all-time Bitcoin (BTC), Ether (ETH), and most altcoins seemed…