Celsius Network coin report shows a balance gap of $2.85 billion: Finance Redefined
Majority of the DeFi tokens traded in red with several registering double digit losses over the past week. Go to Source Powered by WPeMatico
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Crypto lender Hodlnaut seeks judicial management to avoid forced liquidation
Singaporean law offers temporary protection against any legal proceedings and claims, which the company believes would provide a breathing space to focus on its recovery plan. Go to Source Powered by WPeMatico
Celsius Network coin report shows a balance gap of $2.85 billion
The latest findings could brew more trouble for the crypto lender for allegedly misleading and offering wrong details in the court documents. Go to Source Powered by WPeMatico
Mark Cuban faces class action lawsuit for promoting Voyager crypto products
The lawsuit alleged Mark Cuban misrepresented the crypto offerings and services by Voyager and leveraged his years of experience to lure inexperienced customers into investing their life savings. Go to Source Powered by WPeMatico
California regulator orders Celsius to stop selling securities in the state
The Department of Financial Protection and Innovation previously ordered BlockFi and Voyager to stop their offerings in the state. Go to Source Powered by WPeMatico
Voyager Digital reportedly had deep ties with SBF-owned Alameda Research
Financial documents of Voyager revealed that they lent nearly $1.6 billion in crypto loans to an entity registered in the British Virgin Islands, the same place Alameda is registered. Go to Source Powered by WPeMatico
Crypto lending platform Hodlnaut suspends services due to liquidity crisis
Hodlnaut avoided 3AC exposure and earlier denied ever buying UST, but several reports and on-chain data have shown that the lending firm at one point owned over $150M worth of UST. Go to Source Powered by WPeMatico
What is a decentralized money market and how does it work?
Decentralized money markets function without a custodian, allowing only the original user to withdraw funds deposited by lenders and borrowers. Go to Source Powered by WPeMatico
Voyager plans to resume cash withdrawals on Aug. 11
The lending firm said clients with U.S. dollars in their accounts could withdraw up to $100,000 in a 24-hour period, with the funds received in 5-10 business days. Go to Source Powered by WPeMatico
Aave DAO approving overcollateralized stablecoin splits crypto community
Aave’s stablecoin approval drew wild reactions from the crypto community, with many comparing its fate to TerraUSD (UST); however, Aave proponents were quick to point toward the overcollateralized factor. Go to Source Powered by WPeMatico
