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rvUSD – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 11 Jul 2022 03:07:56 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png rvUSD – DIGIT INFO https://www.digit.info 32 32 CoinFLEX to begin arbitration for $84 million recovery and open limited withdrawals https://www.digit.info/coinflex-to-begin-arbitration-for-84-million-recovery-and-open-limited-withdrawals/ Mon, 11 Jul 2022 03:07:56 +0000 https://www.digit.info/2022/07/11/coinflex-to-begin-arbitration-for-84-million-recovery-and-open-limited-withdrawals/

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.

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CoinFLEX recovery plan includes tokenized bad debt and more yields https://www.digit.info/coinflex-recovery-plan-includes-tokenized-bad-debt-and-more-yields/ Tue, 28 Jun 2022 05:26:36 +0000 https://www.digit.info/2022/06/28/coinflex-recovery-plan-includes-tokenized-bad-debt-and-more-yields/

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.

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