Lending – Page 14 – Miami Crypto Coin

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.

Nexo hires Citibank to advise on acquisitions during market turmoil

Post author:MiamiCrypto
Post published:June 23, 2022
Post category:buyout Citi Cryptocurrencies Lending Venture Capital

“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms.

Celsius Repays $10M DAI to Compound

Post author:MiamiCrypto
Post published:June 20, 2022
Post category:celsius Compound Lending Maker News

Celsius made a significant payment to Compound today as it transferred $10 million of DAI to the latter service. Celsius Pays Back $10 Million Celsius has sent $10 million worth...

Crypto lending can still survive bear market, analyst says

Post author:MiamiCrypto
Post published:June 20, 2022
Post category:Bitcoin Price Cryptocurrencies Lending

Bear markets are much more brutal for crypto lenders than cryptocurrency firms that don’t leverage users’ deposits, according to one Bitcoin analyst.

State securities regulators investigate Celsius over withdrawal suspension: Report

Post author:MiamiCrypto
Post published:June 16, 2022
Post category:celsius Cryptocurrencies investigation Lending Regulation texas

Reports from different media outlets in the last week also suggested the Celsius Network has lost major backers and onboarded new attorneys amid a volatile crypto market.