Last week it was revealed that BlockFi may be acquired by FTX US. Sam Bankman-Fried’s firm had previously stepped in to stabilize the company with a $250 million revolving credit line, but a path to acquisition was eventuallyThe exchange said it would provide the firm with a $400 million revolving credit line, which, subject to shareholder approvals, would give it an option to acquire the firm at a price up to $240 million.
Cumberland, which is within the DRW family of companies, is an established principal trading firm with over 25 years of experience working in traditional financial markets, and offices around the globe.QCP Capital, a crypto trading firm in Singapore, shared similar concerns in a market update on Sunday.
Timccopeland When you have FUD overdoses everyday... It's kinda boring
nuke dem all
Bullish 🚀
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The crypto industry needs a crypto capital market structureThe recent weeks in the markets have highlighted matters that require attention, and it seems the DeFi industry needs a sound market structure independent from the current transactional systems. An interesting perspective. Though ultimately the “elephant in the room” is whether the replication of traditional legacy finance within the context/environment of the Cryptosphere should ever have happened, given its being completely antithetical to the original Crypto ethos!? defi needs a ton of work, there's no way about it. I see Polygon and a bunch of others do a lot to help, but the path is long and winding albeit fruitful in the end. Matic's work within zk has already been commendable, and their carryover into DeFi could be a game changer That was great
ソース: Cointelegraph - 🏆 562. / 51 続きを読む »
Another Crypto Lender Vauld Pauses Withdrawals as Market Crash Takes Its TollVauld is the latest victim of the cryptocurrency price plunge this year that has exposed flaws in a number digital coin projects and business models.
ソース: nbcchicago - 🏆 545. / 51 続きを読む »
Crypto lender CoinLoan lowers withdrawal limit citing market conditionsThe European crypto lending platform has limited customers to maximum withdrawal limit of $5,000 per 24-hour period.
ソース: TheBlock__ - 🏆 464. / 53 続きを読む »