Crypto Lenders Caused Crypto Contagion Last Year. How Is the Industry Rebuilding?
After bankruptcies tore aside the crypto lending, the business is trying to rebuild in a sustainable and accountable method.
Tag: Contagion
Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion
BTC traded flat after a slight dip early Thursday. Ether additionally traded in a slender vary.
Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says
The Federal Deposit Insurance Corporation (FDIC) printed a 63-page report outlining points Signature confronted, attributing its failure to “poor administration,” ...
Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears
Bitcoin (BTC), the most important cryptocurrency by market capitalization, was lately altering arms at about $27,450, down greater than 2% ...
Crypto Startups Are Increasingly Postponing Token Launch Plans as Alameda Research’s Contagion Effects Linger
“Crypto liquidity is dominated by only a handful of buying and selling corporations, together with Wintermute, Amber Group, B2C2, Genesis, ...
Crypto Trading Firm Amber Group Raises $300M Series C After FTX Contagion
The spherical was led by Fenbushi Capital U.S., and different crypto traders and household places of work, the agency stated ...
Crypto Firm Orthogonal, Victim of FTX Contagion, Now Faces Internal Dissent
Shortly after Orthogonal received served with default notices on $36 million of crypto loans from Maple Finance, the agency’s credit ...
DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
However, extra Nexus funds seem like endangered. Orthogonal Trading’s defaulted debt on Maple’s wrapped ether credit score pool quantities to ...
The Contagion Fever Breaks: NFTs Dominate Art Basel
Miami’s annual Art Basel pageant, now in its twentieth yr, connects galleries, artists and collectors to create distinctive artist-led experiences ...
Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain
Core Scientific, Bitfarms and Genesis Digital Assets are amongst miners which have direct and oblique publicity to the contagion.