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.
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Bitcoin24h
$21,434.36+1.43%
Ethereum24h
$1,230.51+2.92%
Tether24h
$0.9995-0.00%
USD Coin24h
$1.00+0.02%
BNB24h
$241.33+3.08%
XRP24h
$0.3677+1.92%
Binance USD24h
$1.00+0.05%
Cardano24h
$0.5124+5.35%
Solana24h
$40.94+1.58%
Dogecoin24h
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Polkadot24h
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Explained: Solend DAO’s whale wars and DeFi lending drama
Amid a brutal repricing for crypto, Solana-based DeFi lending protocol Solend DAO found itself at the center of several potentially existential crises.
Bancor suspends DeFi Impermanent Loss Protection when users need it most
Citing “hostile market conditions,” Bancor has decided to suspend its main service, Impermanent Loss Protection.
J.P. Morgan plan to grow institutional DeFi despite CEO ripping on Bitcoin
One of the world’s largest banks has been quietly working on a multi-trillion dollar project called institutional DeFi, but setbacks remain.
Luna 2.0: It came, they sold, it tanked
Recipients of revamped Luna tanked the token just hours after launch as they scrambled to recoup losses caused by the original’s devastating crash.
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Explained: MicroStrategy’s margin call math—by Protos Staff
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BlockFi customers concerned it may have lent too much bitcoin to 3AC—by Protos Staff
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Customers fear Celsius insolvency as CEL token collapses—by Protos Staff
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History of Tether’s peg: Every time USDT traded above or below one dollar—by Protos Staff
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SEC probes Binance, Reuters finds billions in crypto washed via the exchange—by Protos Staff
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CFTC alleges Gemini cover-up: Execs funded market manipulation—by Protos Staff
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Weed & Bitcoin: Dad and son caught running $13M empire from Starbucks—by Protos Staff
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Turns out this tiny Bahamas bank is holding some of Tether’s reserves—by Protos Staff
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A complete timeline of Celsius’ relationship with Terra LUNA and Tether—by Protos Staff