Name: Loan Protocol
SKU: LOAN
Price: 0.00078348 USD

Decentralized Finance (DeFi)

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Loan Protocol

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The Australian mining firm has had to unplug hardware that was producing "insufficient cash flow" to service its "debt financing obligations."

Iris Energy to cut mining hardware after defaulting on $108M loan

RISE

GENESIS

Grayscale Investment is in the spotlight for owing Genesis $1 billion. Derar Islim says that the main cause of suspension is due to rise in withdrawal demands. Meanwhile, total market cap of crypto is down by 70% at $831 billion. After a week of the FTX collapse, Digital Currency Group (DCG) and its two subsidiaries, [&#8230;]

Genesis Seeks $1B Loan From DCG Prior to Halting Withdrawals

Crypto lender Genesis was reportedly seeking a bailout of up to $1 billion on Monday.

Genesis Sought a $1 Billion Emergency Loan Before Halting Withdrawals

ZERO

Crypto lender Genesis was seeking a $1 billion emergency loan just before suspending customer withdrawals on Wednesday.

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Iris Energy to cut mining hardware after defaulting on $108M loan

Genesis Seeks $1B Loan From DCG Prior to Halting Withdrawals

Genesis Sought a $1 Billion Emergency Loan Before Halting Withdrawals

Genesis sought $1 billion loan before pausing withdrawals

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