Babel Finance, a crypto lender, gets a 3-month creditor protection extension until July 21, 2022. Babel plans to pay its…
According to Babel Finance, a Singapore court has deferred making a decision on an extension of creditor protection because it…
Key Points: Babel Finance intends to create a "debt relief stablecoin" for a $766 million loss. The business's co-founder has…
Key Points: The BRC-USDC and other "IOU" tokens that Babel Finance plans to issue to creditors will be based on…
In light of a potential rescue plan, cryptocurrency exchange Zipmex has asked to extend its protection against creditors until next…
The Thai Securities and Exchange Commission has filed a lawsuit against the Thai operations of cryptocurrency exchange Zipmex and its…
Zipmex CEO Marcus Lim is being pressured by some major shareholders to step down. The cause of poor management leading…
After filing for bankruptcy in July, the city-High state's Court granted Zipmex protection until December 2 to give the exchange…
Babel Finance lost 8,000 BTC and 56,000 ETH in proprietary trading with customer funds, according to a restructuring proposal deck…
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