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Tag: Babel Finance

CoinDesk Acquired by Bullish

The renowned crypto-focused media publication Coindesk has been acquired by Bullish, a company owned by the New York Stock Exchange's Former President, Tom Farley.According to a...

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Zipmex’s Restructuring Plan Greenlighted by the Singapore High Court

Singapore’s lower division of the Supreme Court approved Zipmex’s pre-packaged plan to restructure some of its operations and thus enable customers to receive...

Zipmex Misses Buyout Payment

According to recent reports, the Singapore-based cryptocurrency exchange known as Zipmex has failed to make a payment totaling $1.25 million as required by the...

Zipmex buyer misses payment, could risk US$100 million buyout: Bloomberg

Zipmex cryptocurrency exchange’s US$100 million venture capital buyout may be in danger, after buyer V Ventures missed the US$1.25 million payment due on March...

Bitcoin Market: The Story of the World’s First Cryptocurrency Exchange

Today marks thirteen years since the first cryptocurrency exchange platform, Bitcoin Market, was released on March 17, 2010. This marked a major milestone in...

How Silvergate Bank is Impacting Crypto

1. Bitcoin Daily Active Addresses Our thesis: Cryptocurrencies are like companies and active addresses are like customers, similar to active users of Facebook or active...

Babel Finance Files for Moratorium, Works on New Stablecoin to Repay US$766M Loss

Hong Kong-based crypto lender Babel Finance has filed applications in the Singapore High Court to buy more time from its creditors for up to...

Babel Finance explores new restructuring opportunities with DeFi project

Babel Finance, one of many cryptocurrency lending firms that suffered losses during the cryptocurrency winter of 2022, is exploring new restructuring opportunities to pay...

Babel Finance Proposes Launching New Stablecoin To Repay Debtors

9 seconds ago | 2 mins read Defi News Babel co-founder Yang Zhou is...

This Week on Crypto Twitter: SBF Pleads Innocence via Excel, Twitter Reacts with Memes

It was the third full week of 2023, the third full week of consecutive gains for all leading cryptocurrencies, and the third week of...

Will “Gemini Earn” Users Get Their Money Back?

Gemini co-founder Cameron Winklevoss on Friday said the firm will continue with its decision to take legal action against Digital Currency Group, founder...

Is Digital Currency Group (DCG) a Sinking Ship? What To Expect in 2023 – Another Bankruptcy?

Digital Currency Group (DCG) is a venture capital firm that invests and builds businesses in cryptocurrency, and blockchain-related companies. It is founded in 2015...

Crypto Is Down Bad, But VCs Keep Pouring Money In

Given the contagion and chaos we have witnessed since Sam Bankman-Fried’s crypto exchange FTX had a sudden multibillion-dollar coronary, you may be tempted to...

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