Crypto Lenders Caused Crypto Contagion Last Year. How Is the Industry Rebuilding? – Crypto News
After bankruptcies tore apart the crypto lending, the industry is attempting to rebuild in a sustainable and accountable manner. Source link
After bankruptcies tore apart the crypto lending, the industry is attempting to rebuild in a sustainable and accountable manner. Source link
The lenders of the bankrupt cryptocurrency lender Genesis are not satisfied with the latest in-principle settlement agreement with other parties including the Digital Currency Group (DCG).The Ad Hoc Group of Genesis Global Capital (GGC) lenders — represented by lawyers Brian Rosen and Jordan
A timeline of Celsius’ battle with insolvency during the crypto crash, from the firm’s decision to limit some user activity before the “pause,” to its decision to file for bankruptcy on the advice of restructuring experts. Source link
The latest price moves in bitcoin ($BTC) and crypto markets in context, for July 4, 2022. Source link
The precise tally of Genesis’ losses may not be known for some time because the company is seeking at least partial repayment from its counterparties and some of the losses may have been offset by hedging, sources said. Amid such uncertainty, Genesis has
The announcement on Thursday afternoon comes after the IMF last month approved a $45 billion loan facility for Argentina that stipulated the country would discourage the use of cryptocurrencies. Source link