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Crypto Lending Platforms 'Should Be Regulated': Former CFTC Chairman
“A lot of people have losses who didn't understand the risks they were taking,” former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad said on CoinDesk TV’s “First Mover,” following the freezing of account withdrawals on crypto trading platform Celsius. дальше »
2022-6-16 23:43 | |
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SEC Chief Advises Caution to Crypto Investors as Market Weakness Extends
U. S. Securities and Exchange Commission (SEC) Gary Gensler recently stated that investors should be cautious of "too good to be true" crypto returns offered by lending platforms and digital products. дальше »
2022-6-16 23:30 | |
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Celsius Down By Over 85% This Year Following Bitcoin’s Crash
According to Protos, crypto lending platform Celsius has just 12% left of the Assets under Management (AuM) it declared in 2021. Celsius CEO had stated that the company owned $28. 6 billion in AuM, but as of today, 151,534 BTC is all that is left. дальше »
2022-6-16 18:53 | |
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Celsius hires restructuring lawyers to help ease its financial woes
Crypto lending platform Celsius has hired a legal team to advise on restructuring its business after facing liquidity issues, The Wall Street Journal reported, citing sources with direct knowledge of the matter. дальше »
2022-6-16 16:15 | |
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Crypto lender Celsius hires ‘Restructuring Lawyers’: CEL price pumps and dumps
Celsius Network, a renowned crypto lending firm, has hired ‘restructuring lawyers’ amid the current… The post Crypto lender Celsius hires ‘Restructuring Lawyers’: CEL price pumps and dumps appeared first on CoinJournal. дальше »
2022-6-15 12:05 | |
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Iowa State Fines BlockFi for Overstatements About Collateralization
The state of Iowa has ordered BlockFi Lending LLC to pay a fine and cease making false statements regarding the securities it offers. The post Iowa State Fines BlockFi for Overstatements About Collateralization appeared first on BeInCrypto. дальше »
2022-6-15 06:40 | |
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'Staked Ether' Becomes Focus of Crypto Stress, From Celsius to Three Arrows
The price gap between the locked-up ether on Lido and spot ether jumped to record highs as large holders sell their tokens, drawing concern of a potential ripple effect on crypto lending markets. дальше »
2022-6-15 02:28 | |
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Why Coinbase Will Cut 18% Of Workforce To “Stay Healthy During Recession”
Major crypto exchange Coinbase published a message from its CEO, Brian Armstrong. The company has decided to reduce its workforce by 18% to “ensure we stay healthy during this economic downturn”. Related Reading | Lending Platform Celsius Freezes Withdrawals, Raising Liquidity Concerns Last year, Coinbase became the first crypto exchange to debut in public markets under […] дальше »
2022-6-15 21:59 | |
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BlockFi fined $943,000 for not registering securities in Iowa; to pay $100M in settlement
Cryptocurrency trading and lending platform BlockFi has been fined $943,000 by the Iowa Insurance Division for failing to register securities in the state and offering and selling securities in Iowa without being registered as a broker-dealer or agent, according to a June 14 press release. дальше »
2022-6-15 20:00 | |
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Celsius races to add more collateral to Maker as threat of liquidation looms
Crypto lending firm Celsius has been racing to top up its collateral on Maker to raise its assets’ liquidation price. The post Celsius races to add more collateral to Maker as threat of liquidation looms appeared first on CryptoSlate. дальше »
2022-6-14 16:45 | |
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BlockFi And Crypto.com Render Hundreds Of Staff Jobless As Crypto Market Bleeds
BlockFi announced in a blog post Tuesday that it is letting go of a sizable number of staff: 20 percent of its total headcount, or around 170 to 200 employees. Zac Prince, the CEO of the crypto trading and lending platform, tweeted that the job cuts can be traced to a “dramatic change in macroeconomic […] дальше »
2022-6-14 11:37 | |
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BlockFi cutting 20% of staff to prioritize profitability goal
Cryptocurrency lending platform BlockFi became the fourth crypto company to downsize in order to survive the current market by announcing that it will let 20% of its staff go. The post BlockFi cutting 20% of staff to prioritize profitability goal appeared first on CryptoSlate. дальше »
2022-6-14 22:30 | |
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Nexo makes unsolicited offer to acquire Celsius’ assets after it halts withdrawals
Leading crypto lending platform Nexo made an unsolicited offer to acquire “any remaining qualifying” assets of rival Celsius Network after the latter suspended withdrawals due to adverse market conditions. дальше »
2022-6-13 19:30 | |
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Coinbase stock falls 20% as Celsius news hits cryptocurrencies
Coinbase Global Inc (NASDAQ: COIN) opened more than 20% down this morning after a crypto lending company made an announcement that pushed Bitcoin to its lowest since the start of 2021. Celsius Network news: risk of insolvency Celsius Network disabled customers from withdrawing or transferring crypto assets over the weekend – a drastic move that, […] The post Coinbase stock falls 20% as Celsius news hits cryptocurrencies appeared first on Invezz. дальше »
2022-6-14 18:09 | |
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Celsius pauses withdrawals: CEL tumbles 51%
The Terra Luna crash Ghost seems to have come back to haunt the Celsius network, a crypto lending platform, as the price of CEL token tumbled by over 51% after Celsius paused withdrawals, transfers, and swaps. дальше »
2022-6-14 14:48 | |
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Celsius Network Suspends All Withdrawals with Immediate Effect
Lending platform Celsius, which is rumored to be suffering from an acute liquidity crisis, suspended all customer withdrawals earlier today. The post Celsius Network Suspends All Withdrawals with Immediate Effect appeared first on BeInCrypto. дальше »
2022-6-14 13:03 | |
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Metalend - the lending protocol for fiat-backed stablecoins
Anthony Ng is the Founder and CEO of Metalend, a decentralized lending and borrowing protocol for fiat-backed stablecoins. The future of Defi cannot be built by USD stablecoins alone, users need access to their local currencies to live life. дальше »
2022-6-13 03:10 | |
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Финансовый сектор США в 50 раз более вреден для окружающей среды, чем биткоин
Влияние биткоина на климат подвергается серьезно критике, однако углеродные выбросы финансового сектора США намного более значимы. Компании Climate Safe Lending Network, The Outdoor Policy Outfit и Bank FWD выпустили совместный отчет «Углеродный капитал» (’Carbon Bankroll Report‘), в котором представили данные о выбросах углерода, генерируемых финансовой деятельностью компаний, включая операции с денежными средствами и их производными… Сообщение Финансовый сектор США в 50 раз более вреден для окружающей среды, чем биткоин появились сначала на Hash Telegraph. дальше »
2022-6-13 19:31 | |
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BlockFi hires lobbyists to streamline talks with policymakers
Renowned crypto lending platform BlockFi has hired lobbyists from Arnold & Porter Kaye Scholer LLP to work on regulatory and tax policy for financial service providers in digital assets, Reuters reported. дальше »
2022-6-12 14:46 | |
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Celsius Network Review – How Legit Is This Crypto Loan Provider?
Crypto lending and borrowing is the core of world’s finance and a driving force for economies worldwide. It has entered the world of cryptocurrencies as well with a slew of platforms offering cryptocurrency backed loans. дальше »
2022-6-10 11:34 | |
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DeFi Lending Platform AvaxFi secures VC funding from Zen Capital, a Web3 focused Venture Capital fund
The Venture Capital fund Zen Capital is a crypto fund that has quietly built a portfolio of promising companies. It’s led by a group of entrepreneurs and technologists who believe in the power of decentralized technology to change the world. дальше »
2022-6-9 13:11 | |
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Hodlnaut Review – Interest Rates & APY, Security, Supported Coins
Have your crypto earn money for you without lifting a finger is a good proposition, isnt’t it? Well, Hodlnaut is one of the crypto lending services that popped up in the last year or two and this review will get you up to speed with their offer and how they fare in comparison with more […] The post Hodlnaut Review – Interest Rates & APY, Security, Supported Coins appeared first on CaptainAltcoin. дальше »
2022-6-9 11:54 | |
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dYdX Review – Is dYdX Legit & How Does It Work?
dYdX is a decentralized exchange that uses a smart contract on the Ethereum blockchain to facilitate perpetual trading, marg dYdX sin trading, spot trading, lending, and borrowing. Thus, users can trade freely with no intermediaries. дальше »
2022-6-7 18:57 | |
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Trouble at Celsius Network? Users report difficulties withdrawing funds
Celsius Network is feeling the heat following allegations that suggest all is not well at the lending and borrowing platform. The post Trouble at Celsius Network? Users report difficulties withdrawing funds appeared first on CryptoSlate. дальше »
2022-6-2 20:00 | |
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Source Protocol gears up to fuel the next generation of DeFi
Source Protocol Ltd is launching a comprehensive DeFi ecosystem across multiple chains that enables users to easily borrow against their crypto assets and generate passive earnings from lending, stakiThe post Source Protocol gears up to fuel the next generation of DeFi appeared first on AMBCrypto. дальше »
2022-5-18 11:10 | |
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Scream protocol losses millions to stablecoin depeg
Scream, a decentralized lending protocol on the Fantom network, incurred a $35 million debt after failing to adjust the prices of two stablecoins that lost their peg on its platform. The DeFi protocol had hardcoded the value of these affected stablecoins, Fantom USD (fUSD) and DEI, to $1, meaning their decline did not reflect on […] The post Scream protocol losses millions to stablecoin depeg appeared first on CryptoSlate. дальше »
2022-5-17 22:30 | |
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BTC Mass Adoption On The Horizon As Over 40 Nations Set To Discuss Bitcoin In El Salvador
The meeting which is set to be dominated by developing countries has caught many by surprise with most respondents lauding the move which could help ameliorate the financial situation of countries that feel shut out by developed economies and lending institutions. дальше »
2022-5-16 16:56 | |
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Yeti Finance integrates Chainlink on Avalanche Mainnet
Yeti Finance, an innovative decentralized lending protocol with over $850 million in total value locked (TVL), has integrated Chainlink Price Feeds (LINK/USD) on Avalanche Mainnet (AVAX/USD), Invezz learned from a press release. дальше »
2022-5-13 16:00 | |
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Solana-built DeFi app Jet Protocol transitions into DAO to enable on-chain governance
Jet Protocol, a Solana-based non-custodial liquidity app offering lending products for the DeFi ecosystem, announced today it has taken the first step in building a truly decentralized and censorship-resistant protocol in order to provide infrastructure to access on-chain financial debt instruments. дальше »
2022-5-11 19:18 | |
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Crypto lending app Nebeus introduces AVAX-backed loans
Cryptocurrency and crypto-backed lending app Nebeus is always looking for innovative ways to help… The post Crypto lending app Nebeus introduces AVAX-backed loans appeared first on Coin Journal. дальше »
2022-5-11 15:11 | |
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TrueFi launches a debt financing portfolio independently-managed by Cauris Finance
TrustToken, the firm behind top unsecured lending protocol TrueFi, has launched its first independently-managed lending portfolio, the firm said on Monday. The new loan portfolio will be managed by debt financing fintech startup Cauris Finance, via TrustToken’s TrueFi protocol. дальше »
2022-5-10 01:26 | |
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