Wed, April 1

Liminal Digital Wallet Platform Integrates with XinFin

The Liminal digital wallet platform has been quite trending, doing all it can to its maximum. On such terms, as the latest initiative from the digital wallet platform, Liminal has successfully integrated itself with the XinFin XDC blockchain. The Liminal platform serves as a complete digital wallet solution giving out

November 28, 2022 2 mins read

Crypto Lender Genesis Being Probed by Several U.S States

Because of the widespread impact of FTX’s demise, several U.S. regulatory authorities are now looking into the crypto exchange and other centralized operators. According to Barron’s, regulators in many states are now looking into Genesis Global Capital. As per Alabama Securities Commission Director Joseph Borg, who spoke with Barron’s, “several

November 26, 2022 1 min read

Crypto Lending Platform Matrixport Seeking $100M Fundraise

Matrixport Technologies Pte, one of Asia’s largest crypto lenders, is attempting to seek $100 million in new capital at a $1.5 billion value. Due to the FTX crash, big crypto lenders like BlockFi and Genesis have been experiencing a severe shortage of available funds. Financial backers have pledged at least

November 25, 2022 1 min read

Singapore Launches Probe Into Crypto Lending Platform Hodlnaut

The newest update is that Singaporean authorities are looking into allegations of fraud and deceit against cryptocurrency lender Hodlnaut Pte. The struggling crypto lender’s operations have been strained along with the rest of the market in this crypto winter. With the collapse of the Terra ecosystem earlier this year, Hodlnaut

November 24, 2022 2 mins read

Will the Downfall of CeFi Lead to DeFi Adaptation?

Kanye West has blamed Adidas for suspending four of his bank accounts, totaling $75 million. And he added that he will meet the former president again in 2024. He stated that his decision was influenced by Adidas reportedly breaking into his bank accounts and locking away all of his money.

November 23, 2022 1 min read

RIF Product Suite Built on Rootstock Provides Users Access to Everyday DeFi

To make the Rootstock and RIF ecosystem more accessible to mainstream users, IOV Labs and Buenbit have teamed together. Users of Buenbit will have access to services and products from Everyday DeFi that are secured by the Bitcoin network.  In many respects, this is seen as a huge advancement by both

November 22, 2022 2 mins read

Crypto Market Maker B2C2 Offers Purchasing Loans From Genesis

After Genesis, a troubled crypto lending service halted client withdrawals on Wednesday, prominent cryptocurrency market maker B2C2 decided to help. Max Boonen, the founder of B2C2, tweeted minutes after the trading firm’s statement, “B2C2Group wishes to extend an offer to purchase loans from Genesis Trading’s book to alleviate the current

November 17, 2022 1 min read

Crypto Lending Arm of Genesis Suspends Withdrawals

On Wednesday, interim CEO Derar Islim said that Genesis Global Trading’s lending division has temporarily halted withdrawals and new loan originations in the aftermath of FTX’s bankruptcy. Genesis Global Capital, the division in charge of servicing institutional clients, has $2.8 billion in outstanding loans as of the end of the

November 16, 2022 1 min read

Crypto Lending Firm SALT Halts Withdrawal Post FTX Crisis

Following the FTX led effect through the cryptocurrency ecosystem, crypto lending company SALT announced today that it is suspending withdrawals. SALT CEO Shawn Owen stated: “The collapse of FTX has impacted our business. Until we are able to determine the extent of this impact with specific details that we feel

November 16, 2022 1 min read
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