Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade. The project’s MPL token has plunged, and depositors are likely to stomach big losses. Here’s how it happened, and what comes next.
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FDIC working on new crypto guidelines, eyes public blockchain use by banks
The Federal Deposit Insurance Corporation (FDIC) is formalizing a more permissive and transparent framework for US banks engaging with crypto,...
