CRV exposure risk throws a curveball at the DeFi ecosystem: Finance Redefined
Most DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit.
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Curve founder looks to unexpected counterparties to rescue sinking DeFi loans
Michael Egorov is attempting to pay off his mountain of DeFi debts by selling CRV at a discount.
Bankrupt Celsius to spend $24M from GK8 sale on legal expenses
After buying GK8 for $115 million in 2021, Celsius is selling it for $25 million, spending 96% of the sale proceeds on legal fees.
3 reasons why Bitcoin’s price is primed to hold the $30,000 level as support
Bitcoin price has been showing weakness near the $30,000 level, but multiple data points highlight the fact that bears remain at a disadvantage.
Creditors for bankrupt Voyager Digital billed $5.1M in legal fees
Voyager is not the only crypto firm incurring hefty legal fees; FTX, for example, has been billed over $120 million in fees.
Singapore to require crypto firms to put user assets into trusts by year-end
MAS is also working to restrict crypto service providers from facilitating lending or staking for retail customers, but not for institutional ones.
Thai SEC bans the use of customer crypto assets for lending and investment
Investor protection regulations have been under discussion since September 2022 amid the crypto lending crisis that saw firms such as BlockFi and Celsius declare bankruptcy.
Will $30K be a new springboard for Bitcoin bulls?
Bitcoin margin and futures markets display strength as institutional appetite surges after multiple spot ETF requests.
SEC waives BlockFi’s $30M fine until creditors are paid
The U.S. SEC was at the top of BlockFi creditor’s list with a $30-million settlement balance from February 2022.
Cosmos-based DeFi lending protocol Nolus joins Cointelegraph Accelerator
Nolus’ DeFi lending protocol aims to onboard more people by solving collateralization inefficiencies.