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Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances

Blockchain-based institutional capital marketplace Maple Finance announced on Dec 5 that it plans to cut all ties with Orthogonal Trading due to alleged misrepresentation of finances following the collapse of FTX. According to Maple Finance, it decided to cut all ties with the trading firm because it misrepresented its finances over the

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What’s in a Name? Apricot Finance’s Token Surges on Similarity to Aptos Token’s Ticker

That didn’t stop traders from taking bets on the existing APT. Trading volumes on Apricot’s APT jumped from under $70,000 on Monday to over $2.2 million on Tuesday afternoon, with prices continuing to increase at writing time. The tokens are traded on Gate and LATOKEN, two medium-tier crypto exchanges. Original Source

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DeFi Platform Ribbon Finance’s Unsecured Lending Product Sees Crypto Firms Folkvang and Wintermute Borrow Over $10M

Meanwhile, Lend users stand to make higher yields from unsecured lending to institutions that have been evaluated for their creditworthiness by Credora. Besides, lenders can exit their positions at any time, subject to availability of liquidity in the pool. According to Ribbon, most unsecured lending in Decentralized Finance (DeFi) is

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Indie Russian news firm raises $250K in crypto after sanctions cripple finances

A Russian independent news company has raised more than US$250,000 in cryptocurrency donations from supporters in order to continue reporting independent news under a barrage of Russian government propaganda and censorship. Meduza, a Latvian-based Russian-language news site that claims to report on “the real Russia, today” has been asking for donations

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