FTX reportedly considers bailing out Celsius via asset bid
Acquiring the assets of Celsius would imply FTX's intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4…
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Acquiring the assets of Celsius would imply FTX's intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4…
"I am very sorry about the difficult financial circumstances members of our community are facing," writes Mashinsky.
By acquiring a stake in the holding company that owns Summit National Bank, Nexo plans to expand its financial product offerings in the United States.
Decentralized identity services could play a vital role in promoting Web3 payments in emerging markets like Africa. This week's Crypto Biz has the latest.
The trading company will pay back the debt, which has fallen almost twice in dollar estimate, by the end of September.
The crypto lending firm intends to get the liquidity and support its operations with the funds from the sell-off.
The Securities and Exchange Commission of Thailand is preparing to take radical measures in the aftermath of the summer’s crypto lending platforms’ crashes.
In its latest seed funding Infinity Exchange investors allied behind the need for an increase in more secure institutional investment.
Alex Mashinsky reportedly made the announcement at a Sept. 8 meeting, at which Celsius discussed possible scenarios for its future after filing for bankruptcy in July.
The centralized crypto lender rejected an had offer from FTX after it filed for Chapter 11 bankruptcy reorganization in July after 3AC defaulted on a loan and its debts topped…