#shutdown - the daily grind

BREAKING

Jun 14SBF Will Be 59 When He Gets Out. His Last Appeal Just Failed.●Jun 14The Feds Are Suing 8 States to Let You Bet on Anything Online●Jun 13Japan Has $7.4 Trillion Sitting in Near-Zero Savings Accounts. Metaplanet Just Bought a License to Redirect It Into Bitcoin.●Jun 1325% of the World's Most Powerful Tech Companies Now Hold Bitcoin — and Both Are Elon Musk's●Jun 12You Can't Use Your Bored Ape as Collateral Anymore: NFTfi Shuts Down After $737M in Loans●Jun 12SpaceX Just Pulled the Largest IPO in History — and Had 18,712 Bitcoin Nobody Knew About●Jun 11The EU Just Built a Crypto Kill Switch — Russia Fired Back the Same Day●Jun 11Japan Kills Its 55% Crypto Tax: Parliament Passes Bill That Could Awaken the Sleeping Giant●Jun 10Someone Just Bet $290M on Ethereum Hours Before a Secret White House Crypto Meeting●Jun 10Trump Made $2.3B From Crypto. His Investors Lost $2.3B. Reuters Did the Math.●Jun 14SBF Will Be 59 When He Gets Out. His Last Appeal Just Failed.●Jun 14The Feds Are Suing 8 States to Let You Bet on Anything Online●Jun 13Japan Has $7.4 Trillion Sitting in Near-Zero Savings Accounts. Metaplanet Just Bought a License to Redirect It Into Bitcoin.●Jun 1325% of the World's Most Powerful Tech Companies Now Hold Bitcoin — and Both Are Elon Musk's●Jun 12You Can't Use Your Bored Ape as Collateral Anymore: NFTfi Shuts Down After $737M in Loans●Jun 12SpaceX Just Pulled the Largest IPO in History — and Had 18,712 Bitcoin Nobody Knew About●Jun 11The EU Just Built a Crypto Kill Switch — Russia Fired Back the Same Day●Jun 11Japan Kills Its 55% Crypto Tax: Parliament Passes Bill That Could Awaken the Sleeping Giant●Jun 10Someone Just Bet $290M on Ethereum Hours Before a Secret White House Crypto Meeting●Jun 10Trump Made $2.3B From Crypto. His Investors Lost $2.3B. Reuters Did the Math.●

BTC -- --%

ETH -- --%

Fear & Greed F&G 20 Extreme Fear

#shutdown

1 post

You Can't Use Your Bored Ape as Collateral Anymore: NFTfi Shuts Down After $737M in Loans

Jun 12, 2026 · 4 min read

NFTfi, the original NFT lending protocol, is calling it quits. After six years and $737 million in peer-to-peer loans, the NFT market has collapsed so hard that even running the servers stopped making sense.