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Babel Finance Reaches Agreement on Modalities for Repayment of its Loans

Babel Finance Reaches Agreement on Modalities for Repayment of its Loans

Following the halt of its withdrawals amidst its inability to pay its creditors as the crypto market meltdown took a bearish turn in the past few days, Babel Finance has announced measures to ease off its immediate operational burdens.

Three Arrow's Su Zhu Puts Singapore Luxury Home for Sale

Three Arrow's Su Zhu Puts Singapore Luxury Home for Sale

Su Zhu, the co-founder and Chief Executive Officer of embattled Three Arrows Capital (3AC) has put his Singapore mansion for sale.

Dasset Enters Liquidation: Key Details

Dasset Enters Liquidation: Key Details

Digital Asset Exchange Limited, trading as 'Dasset', has entered liquidation due to"unfavorable market dynamics, increasing regulatory constraints, and uncertainty regarding the legal standing of cryptocurrencies in different jurisdictions.

Su Zhu and Kyle Davies Finally Speaks About the Collapse of 3AC

Su Zhu and Kyle Davies Finally Speaks About the Collapse of 3AC

During an interview with Bloomberg, Su Zhu, and Kyle Davies, the co-founders of Three Arrows Capital (3AC), the troubled hedge fund broke silence on the happenings that they have experienced in the past few weeks

Ethereum Slips Below $1,350 as Total Liquidation Hit $300 Million in 12 Hours

Ethereum Slips Below $1,350 as Total Liquidation Hit $300 Million in 12 Hours

Ethereum has not been able to get the right footing since the much-anticipated Merge went live on September 15.

Bitcoin Hits a Five-month Low of $39,650, Leading to $323M Liquidation for Crypto Traders

Bitcoin Hits a Five-month Low of $39,650, Leading to $323M Liquidation for Crypto Traders

Bitcoin prices hit a five-month low of $39,650 on Monday, before briefly dipping 40K before bouncing back to the $41.5K level with over 103,839 traders were liquidated in the past 24 hours, valued at$329.63 Million.

Total Value Locked in Maker Reaches a Record High as Maker Foundation Returns Dev Fund to DAO

Total Value Locked in Maker Reaches a Record High as Maker Foundation Returns Dev Fund to DAO

Maker's total value locked (TVL) surged to $12.02B, hitting a record high amid Maker Foundation's announcement that it would refund 84,000 MKR from the development fund to the MakerDAO.

FTX to Sell Remaining Interest in Sequoia Capital to Abu Dhabi Sovereign Wealth Fund

FTX to Sell Remaining Interest in Sequoia Capital to Abu Dhabi Sovereign Wealth Fund

FTX has struck a deal with a company owned by the government of Abu Dhabi to sell its remaining interest in venture capital firm Sequoia Capital for $45 million. The deal is subject to approval by the Delaware bankruptcy judge and is part of FTX's efforts to liquidate its investments to pay off its debts to creditors. Meanwhile, Voyager Digital has agreed to set aside $445 million after being sued by Alameda Research over loan repayments.

Bitcoin Futures Reaches $50,000, Will Bitcoin Break Through $60K?

Bitcoin Futures Reaches $50,000, Will Bitcoin Break Through $60K?

After undergoing a correction yesterday, Bitcoin’s price surged to $50K on major crypto exchanges like Binance, Huobi and Bitfinex. 

Blockpass Supports Permissionless DeFi Protocol UniLend Fundraiser with KYC & AML Screening

Blockpass Supports Permissionless DeFi Protocol UniLend Fundraiser with KYC & AML Screening

HONG KONG, Nov 24, 2020 - (ACN Newswire) - Blockpass today announced a successful working partnership with UniLend, the decentralised finance (DeFi) platform. UniLend recently conducted a successful fundraiser, with Blockpass providing the requisite KYC and AML provision in order to meet regulatory compliance. By handling the compliance measures, the UniLend team were able to focus their efforts on the actual fundraising process.

6 Reasons Why Ethereum Price is Surging

6 Reasons Why Ethereum Price is Surging

Ethereum is entering new realms of price discovery - here are six reasons why Ethereum is showing significant strength at the outset of 2021 and the ETH price continues to rise.

Grayscale Will Dissolve XRP Trust In Reaction to SEC Lawsuit Against Ripple

Grayscale Will Dissolve XRP Trust In Reaction to SEC Lawsuit Against Ripple

Institutional-grade digital asset firm Grayscale will dissolve its XRP Trust as the United States Securities and Exchange Commission (SEC) pursues its lawsuit against Ripple

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