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Tag: Crypto lenders

Breaking: Celsius Ex-CEO Alex Mashinsky Sued By New York’s Attorney General

On Thursday, the attorney general of the state of New York filed a civil lawsuit against Alex Mashinsky, founder of the crypto-focused company...

Nexo Says Takeover of Crypto Lender Vauld Still On As Deadline Approaches: Report

Nexo is reportedly still planning on finding a suitable agreement in negotiations to take over crypto lender Vauld. According to a report from Bloomberg, talks...

The bullish case for Bitcoin as 2022 comes to an end

The price of Bitcoin (BTC) saw drastic falls throughout 2022 and is trading  at $16,877.39 as of press time — down...

Top 10 Biggest Crypto Failures of 2022

This year has been a tough one for the crypto industry. From Bitcoin’s wild price swings to the implosion of major exchanges, it’s been...

Crypto Market Tanks 6%, Bitcoin Slips Under $17,000

The broader cryptocurrency market has come under strong selling pressure correcting by 6% in the last 24 hours and losing $50 billion. Bitcoin...

Thailand SEC Warns of Stricter Crypto Regulations Post FTX Fall

3 hours ago | 2 mins read Exchange News The protection of investors and...

Large Defi Lender Maple Finance Cuts Ties With Insolvent Client That Was Exposed to FTX

Major Defi lending platform Maple Finance has severed ties with a large client it believes “misrepresented its financial position” to creditors owed millions of...

Unfazed by FTX fiasco, Goldman Sachs eyes investments in crypto market

Goldman Sachs plans to spend millions of dollars to buy or invest in undervalued crypto companies in the post-FTX implosion market depression, as it...

Nexo to Phase Out Service in US After Hitting ‘Dead End’ With Regulators

Crypto lender Nexo today announced it will gradually phase out U.S. products and services over the coming months due to hitting a “dead end”...

Mike Novogratz’s Galaxy Digital Will Acquire Celsius Owned Custody Platform GK8

Galaxy Digital has won the auction for GK8 – a crypto custody platform to be sold as part of bankruptcy proceedings for the...

Genesis Bankruptcy: Crypto Brokerage Could Be Next After BlockFi

Troubled crypto brokerage firm Genesis Global Trading’s creditors have hired restructuring lawyers to prevent the firm from filing for bankruptcy. Genesis currently seeks...

Binance commits another $1 billion to crypto industry recovery fund, making a total of $2 billion

While the crypto industry is still reeling from the sudden implosion of the crypto exchange FTX,  investors are increasingly worried that FTX contagion will...

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