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CoinFLEX to begin arbitration for $84 million recovery and open limited withdrawals

July 11, 2022 by DIGIT

CoinFLEX is moving quickly to retrieve as much liquidity as it can from a debacle that has left it $84 million short due to a delinquent account held by an unnamed whale. Go to Source Powered by WPeMatico

Categories Coinflex, Mark Lamb, rvUSD

CoinFLEX recovery plan includes tokenized bad debt and more yields

June 28, 2022 by DIGIT

The crypto lender issued a no-liquidation account to an unnamed whale on the condition that the account would never go negative, but that plan has backfired. Go to Source Powered by WPeMatico

Categories Coinflex, Mark Lamb, rvUSD


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$67,429.00-9.26%
  • ethereumEthereum(ETH)$1,960.84-9.03%
  • tetherTether(USDT)$1.00-0.04%
  • binancecoinBNB(BNB)$656.52-10.20%
  • rippleXRP(XRP)$1.29-16.16%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$84.70-8.32%
  • tronTRON(TRX)$0.276605-2.55%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • dogecoinDogecoin(DOGE)$0.093947-9.28%
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  • bitcoinBitcoin(BTC)$67,429.00-9.26%
  • ethereumEthereum(ETH)$1,960.84-9.03%
  • tetherTether(USDT)$1.00-0.04%
  • binancecoinBNB(BNB)$656.52-10.20%
  • rippleXRP(XRP)$1.29-16.16%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$84.70-8.32%
  • tronTRON(TRX)$0.276605-2.55%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • dogecoinDogecoin(DOGE)$0.093947-9.28%