Lending – Page 13 – Miami Crypto Coin

BlockFi announces deal with FTX US, including ‘option to acquire’ for $240M

Post author:MiamiCrypto
Post published:July 1, 2022
Post category:blockfi Business Cryptocurrency Exchange ftx Lending

According to CEO Zac Prince, BlockFi signed agreements with FTX US totaling $680 million — for a company that had a $5 billion valuation in June 2021.

British Virgin Islands court reportedly orders to liquidate 3AC

Post author:MiamiCrypto
Post published:June 29, 2022
Post category:Cryptocurrencies Lending

The order reportedly came on the same date with Voyager Digital issuing a notice of default to 3AC for its failure to pay its 15,250 Bitcoin and 350 million USDC…

SOL price eyes 75% rally as Solana paints a bullish reversal pattern

Post author:MiamiCrypto
Post published:June 28, 2022
Post category:Blockchain ETH Price ETH/USD Ethereum Lending SOL price SOL/USD Solana trading

SOL's interim upside target is near $47, up about 20% from its current price.

Not the best week for crypto lending: Law Decoded, June 20-27

Post author:MiamiCrypto
Post published:June 28, 2022
Post category:BIS cftc Congress Lending SEC

The Celsium failure continues to draw attention to the lending issues from regulators and community.

Celsius denies allegations on Alex Mashinsky trying to flee US

Post author:MiamiCrypto
Post published:June 28, 2022
Post category:Court Cryptocurrencies Lending Tokens United States

Celsius CEO Alex Mashinsky wasn’t trying to leave the U.S. last week but has continued to work on recovering liquidity and operations, the company has claimed.

How low can Ethereum price drop versus Bitcoin amid the DeFi contagion?

Post author:MiamiCrypto
Post published:June 26, 2022
Post category:Bitcoin BTC price BTC/USD DeFi ETH Price ETH/BTC ETH/USD Ethereum Exchange Federal Reserve Lending

Interestingly, Ethereum has not reclaimed its all-time high against Bitcoin since June 2017 despite the NFT craze.

Celsius Network hires advisers ahead of potential bankruptcy: Report

Post author:MiamiCrypto
Post published:June 24, 2022
Post category:Bankruptcy Business celsius Cryptocurrency Exchange Lending

Restructuring, bankruptcy, buyouts... media outlets are swarming with different reports on the next steps Celsius may take.

Voyager Digital cuts withdrawal amount as 3AC contagion ripples through DeFi and CeFi

Post author:MiamiCrypto
Post published:June 23, 2022
Post category:3AC celsius contagion deribit Futures Lending leverage Liquidity Markets voyager

Traders brace for more bad news after headlines revealed that Voyager Digital had lent $655 million to Three Arrows Capital. Is another crypto market sell-off on the way?

Swan Bitcoin CEO against crypto lenders: Users are way under-compensated for the risk

Post author:MiamiCrypto
Post published:June 23, 2022
Post category:Bitcoin Price Cryptocurrencies Lending Ponzi-scheme

The CEO of Swan Bitcoin, Cory Klippsten, criticizes Celsius Network and other centralized crypto lending platforms, warning of possible market contagion.

Crisis in crypto lending shines light on industry vulnerabilities

Post author:MiamiCrypto
Post published:June 23, 2022
Post category:Assets Cryptocurrencies Digital Asset Ether Price Ethereum Price Lending

Leading crypto lending firms and hedge funds have run into trouble due to the market turmoil but more so because of their unchecked reckless decision-making process.