Babel Finance, the Hong Kong-based crypto lender which suspended withdrawals and redemption of crypto assets on Friday, said it has reached an agreement with counterparties on the repayment of some debts to ease short-term liquidity.
In an update on its website on Monday, Babel said it carried out an emergency assessment of its business operations to determine the company's liquidity status.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Crypto industry gripped by anxiety as bitcoin wobbles near key $27,700 levelHONG KONG — The cryptocurrency industry was on edge on Monday (June 20) morning as investors feared contagion from problems at major crypto players could unleash a major shakeout if not contained. Bitcoin which has lost 57 per cent so far this year and 37 per cent this month, fell below US$20,000 (S$27,700) over the weekend for the first time...
Källa: asiaonecom - 🏆 10. / 59 Läs mer »
Crypto industry gripped by anxiety as bitcoin wobbles near key $20,000 levelHONG KONG : The cryptocurrency industry was on edge on Monday morning as investors feared contagion from problems at major crypto players could unleash a major shakeout if not contained.Bitcoin which has lost 57 per cent so far this year and 37 per cent this month, fell below $20,000 over the weekend for after this news will come any moment will follow the stock markets on wall street where it will plummet
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »
The get-rich-quick days of crypto are over. Investors are losing their shirts, but industry players say this is healthyFrom Sam Bankman-Fried to Mark Cuban, the biggest names in crypto highlight what’s next for the space. “People are watching and waiting to see if something else will topple,” Dexterity Capital’s Michael Safai says. Lolz investors fomoed the top and got rekt
Källa: YahooSG - 🏆 3. / 71 Läs mer »