Billions in funds frozen as crypto manager Babel renegotiates loans
Crypto lender and asset manager Babel Finance is renegotiating its multi-billion loan balance. The company has suspended all withdrawals.
Crypto lender and asset manager Babel Finance is renegotiating its multi-billion loan balance. The company has suspended all withdrawals.
An FTX bailout of $750 million will keep two crypto lenders solvent: $250 million for BlockFi and $500 million for Voyager.
Chen Boliang is accused of accessing Huobi’s systems to fraudulently create a $20 million credit line with an account set up in his father’s name.
After resigning his job as Health Secretary for breaking lockdown rules, Hancock is using crypto to reinvent his political image.
Amid a brutal repricing for crypto, Solana-based DeFi lending protocol Solend DAO found itself at the center of several potentially existential crises.