Sat, October 5

Search Results for: NEXO

Crypto Lending Firm Vauld Owes Creditors Over $400 Million

$34 million is apparently owing to Vauld’s biggest individual retail creditor.  Based on court records and an affidavit, Vauld possesses $287.7 million. Singapore-based Vauld, a cryptocurrency lending, and trading company owe its debtors $402 million, according to The Block. Vauld CEO Darshan Bathija submitted a statement to Singapore’s High Court

July 22, 2022 2 mins read

Crypto.com Integrates Google Pay – Will Bring in an Economic Crisis?

Crypto.com is a global crypto exchange that has been in the headlines following its recent acquisition of licenses in Italy. The exchange has integrated Google Pay as the payment gateway providing easy access to android users. According to analysis, Google Pay is expected to reach 100 million users who would

July 22, 2022 2 mins read

Top 5 Gainers of the Day by CoinMarketCap

The top 5 gainers of the day are FTM, NEAR, ETC, CRV, and NEXO. Currently, Fantom and NEAR Protocol are leading in the gainers’ list. Let us look at the top 5 gainers of the day as per CoinMarketCap. Fantom (FTM) Fantom is the latest open-source smart contract platform for

July 19, 2022 3 mins read

Mastercard Partners With Fasset To Promote Crypto in Indonesia

Fasset closed a series A financing round for $22 million in April. Global payments firm Mastercard partnered with crypto lender Nexo in April. An alliance between Mastercard, a major global financial services company, and the cryptocurrency gateway operator Fasset aims to broaden the acceptability of cryptocurrency in Indonesia. The collaboration’s

July 14, 2022 1 min read

Goldman Sachs Advice Celsius to File Bankruptcy

Celsius had more than $8 billion lent to clients and $12 billion in assets. All of Celsius’ assets might be bought by Goldman Sachs. The Wall Street firm Goldman Sachs is looking for $2 billion in commitments from investors to purchase distressed assets at significant discounts. According to the source,

June 25, 2022 1 min read

Crypto Lending Platform Babel Finance Halts Withdrawals Following Celsius

Babel Finance had a loan balance of over $3 billion by the end of 2021. It had a monthly derivatives trading volume of $800 million. Another cryptocurrency lending service, Babel Finance, based in Hong Kong, has been hit hard by the recent market drop. Babel Finance, citing “unusual liquidity pressures,”

June 17, 2022 2 mins read

Celsius Surrounded by 4 Separate Jurisdiction Regulators Amid Insolvency

The Securities and Exchange Commission was also in contact with Celsius. The firm has temporarily suspended Customer withdrawals, swaps, and transfers. State authorities are investigating Celsius in four separate jurisdictions for blocking consumer accounts due to solvency issues. As a result of Celsius’ decision to restrict client money withdrawals, regulators

June 17, 2022 1 min read

3AC Transfers $90M FTT on KuCoin

3AC in liquidation of $400 million. Transfers $90 million worth FTT on KuCoin. Refrains FTX from tracking its transactions. The Three Arrows Capital (3AC) has been facing quite tough times recently. Indeed, the entire crypto-based firms and institutions are undergoing the same pain. The Dubai-based crypto funding firm is under

June 15, 2022 2 mins read

What is Celsius? – Look Inside

Withdrawals from the Celsius Network had been halted. CEL holders get better rates. Celsius will creates a supply and demand cycle for CEL. Celsius calls itself a network and refers to a community as well as an executive team. But the Celsius white paper looks like a marketing desk. With

June 15, 2022 2 mins read

Celsius Network (CEL) Price Prediction 2022 – Will CEL Hit $10 Soon?

Bullish CEL price prediction is $0.4873 to $1.5401. The CEL price will also reach $10 soon. CEL bearish market price prediction for 2022 is $0.1733. In Celsius Network (CEL) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and much other information about CEL to analyze the future movement

June 14, 2022 9 mins read