Source: Coindesk.com
In 2022, the crypto lending market had collapsed after a series of devastating events including the fall of LUNA/UST, the insolvency of Three Arrows Capital, and the FTX bankruptcy. Many key lenders that provided a substantial share of the lending market’s volumes were forced to close their doors after this period including BlockFi, Celsius, Voyager, and Genesis. However, one of the
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Source: Coindesk.com
