FTX Has $2 Billion in Cash to Bailout Strategic Crypto Firms
FTX has $2 billion in cash and will offer credit lines to distressed strategic crypto firms to prevent a contagion.
Crypto News
Exchange
Crypto News
DeFi
Centralized Crypto Lending Firms are to Blame for their Failure
Robert Leshner of Compound Finance has said centralized crypto lending firms are to blame for their failure and is good for DeFi protocols.
Crypto News
DeFi
Nexo Allegedly Trading Against Clients to Force Liquidation
Nexo, the regulated and centralized crypto money market, is accused of trading against clients and charging an illegal liquidation fee.
Crypto News
DeFi
BlockFi Increases Deposit Rates, a $25 Withdrawal Fee Will Also Apply
BlockFi has announced that it will increase deposit rates of top crypto assets supported and will also introduce a $25 in withdrawal fees.