• Mon. Sep 26th, 2022

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  • Babel Finance lost $280 million of customer funds: report

Babel Finance lost $280 million of customer funds: report

Babel’s losses included 8,000 BTC and 56,000 ETH wiped out in unhedged proprietary trading positions, a proposal deck cited in a recent report detailed. Babel Finance, an embattled crypto lender…

Crypto exchange Zipmex resumes withdrawals

Zipmex crypto exchange has announced the resumption of withdrawals after it announced on Wednesday that it had halted withdrawals due to the ongoing crypto market meltdown. However, only withdrawals from…

Blockchain.com could lose $270 million loaned to 3AC: Report

Blockchain.com is one of the cryptocurrency companies likely to lose millions of dollars as a result of the collapse of crypto hedge fund Three Arrows Capital. A report by CoinDesk…

Mike Novogratz says crypto is 90% through recent carnage

Mike Novogratz says centralized crypto companies like Celsius and BlockFi have exposed the rot that decentralization in crypto sought to remove. Cryptocurrencies are almost done with the turbulence of the…

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