Babel Finance

Zipmex Claims To Have Received A Rescue Offer After Speaking With “Interested Parties,”

Zipmex talked about the potential for a rescue arrangement and mentioned interest from an unnamed party. The South Asian exchange…

2 years ago

Zipmex Admits To Lending Babel Finance And Celsius $53M After Suspending Withdrawals

Zipmex, a cryptocurrency exchange, yesterday announced a temporary suspension of withdrawals and admitted a loan related to Babel Finance and…

2 years ago

Crypto.com CEO Denies Rumors Of Restricting Users From Withdrawals

Crypto.Com Exchange CEO Kris Marszalek remains confident about the company's future despite the ongoing wave of turmoil in the market…

2 years ago

Top Employees Of Babel Finance Leave The Company As Client Funds Remain Frozen

Given the current liquidity difficulties that could lead to bankruptcy, the situation seems to be getting worse for Babel Finance…

2 years ago

Bitcoin On CEX Hits Lowest Level Since 2018

The amount of Bitcoin (BTC) held on centralized exchanges (CEX) has dropped to its lowest level since 2018, is this…

2 years ago

CoinFLEX Exchange Blocks Withdrawals, Domino Effect From The Market

Cryptocurrency exchange CoinFLEX is the latest name to block withdrawals for reasons related to a third party but claims it…

3 years ago

Maple Finance Is Caught Up In A Liquidity Crisis

Lending platform Maple Finance has become the latest crypto company to face liquidity-related issues. The platform posted an update on…

3 years ago

Babel Finance Reaches Debt Agreements with Partners After Blocking Users From Withdrawing

Hong Kong-based crypto lender Babel Finance has alleviated some liquidity difficulties by reaching repayment agreements with some of its partners.…

3 years ago

Three Arrows Capital Officially Spoke Up. LUNA Is The Cause?

The co-founder of Three Arrows Capital confirmed that the fund, which has been affected by the LUNA-UST crash, is considering…

3 years ago

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