Nexo’s Survival Strategy: Over-Collateralization and Risk Management In 2022, the crypto lending industry faced a major crisis, resulting in the collapse of several prominent lenders like…
Defi Hacks Show Lowest Losses in Two Years, but Still Concerning A recent report from IntoTheBlock revealed that despite over $1.7 billion stolen in November alone,…
US Bankruptcy Court Approves Celsius Restructuring Plan Celsius Network, a failed cryptocurrency lender, has received approval from a US bankruptcy court for its proposed restructuring plan.…
BlockFi CEO Blames FTX and Alameda Research for Bankruptcy During his testimony at Sam Bankman-Fried’s criminal trial, BlockFi CEO Zac Prince pointed fingers at FTX crypto…
The Second Week of Sam Bankman-Fried’s Fraud Trial: Witness Testimony Reveals BlockFi’s Involvement The second week of Sam Bankman-Fried’s criminal trial for fraud came to an…
The “Wild West” Era of Crypto Lending Ended in Bankruptcies Discover the fascinating history of lending and how Bitcoin has entered the financial landscape, necessitating a…
Binance Allegedly Involved in Facilitating Transfers to Blacklisted Russian Lenders Binance, the world’s largest cryptocurrency exchange, has come under criticism for allegedly facilitating transfers to and…
Term Finance: Bringing Fixed Rate Liquidity to DeFi Term Finance, a decentralized finance (DeFi) protocol, has launched on the Ethereum mainnet, offering short term, fixed interest…
The Settlement Reached in the Case of Bankrupt Cryptocurrency Lender Celsius The bankrupt cryptocurrency lender Celsius, its creditors, and its Series B holders have reached a…
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