‘High-Risk’ Crypto Loans Surge to a Two-Year High of $55M
High-risk USD loans. (IntoTheBlock)
Loans
Metaplanet Arranges Loan to Buy $6.8M of BTC
The Japanese company announced its plan to adopt bitcoin as a reserve asset to hedge against the volatility of the yen in May.
Sam Bankman-Fried Wanted to Close Alameda in 2022, Unpublished Posts Show
He had hoped to continue Alameda as an investment firm and infrastructure developer, but claimed in the posts that Alameda wouldn’t actively trade.
DeFi Died and We Didn’t Even Notice
The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance.