Bookmarking Crypto Insights
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Bitcoin price has been showing weakness near the $30,000 level, but multiple data points highlight the fact that bears remain at a disadvantage. Go to Source Powered by WPeMatico
Voyager is not the only crypto firm incurring hefty legal fees; FTX, for example, has been billed over $120 million in fees. Go to Source Powered by WPeMatico
MAS is also working to restrict crypto service providers from facilitating lending or staking for retail customers, but not for institutional ones. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
Bitcoin margin and futures markets display strength as institutional appetite surges after multiple spot ETF requests. Go to Source Powered by WPeMatico
The U.S. SEC was at the top of BlockFi creditor’s list with a $30 million settlement balance from February 2022. Go to Source Powered by WPeMatico
“We will come up with a plan to recover the loss,” said company officials. Go to Source Powered by WPeMatico
Nolus’ DeFi lending protocol aims to onboard more people by solving collateralization inefficiencies. Go to Source Powered by WPeMatico
BlockFi said selling its cryptocurrency lending platform might not generate value for creditors. Go to Source Powered by WPeMatico
Research suggests the lack of insurance for depositors on crypto platforms induced fear among retail and institutional clients, leading to heavy withdrawals and a liquidity crunch. Go to Source Powered by WPeMatico
