Generative Data Intelligence

Tag: Cryptocurrency Lending

What is Celsius Network | Exploring Crypto Lender’s Collapse

Celsius Network is a bankrupt cryptocurrency lending platform and crypto interest account provider; it offered depositors interest on their digital assets. Suddenly, Celsius halted...

Aave A Decentralized Finance Protocol Enabling Cryptocurrency Lending and Borrowing

Aave is a decentralized finance (DeFi) protocol that revolutionizes the lending and borrowing of cryptocurrencies and real-world assets. By eliminating the need for a...

Crypto lender BlockFi gets court nod for plan to repay customers

The customers of bankrupt cryptocurrency lending platform BlockFi are one step closer to being paid out after a United States Bankruptcy Court in New...

BlockFi vs. Celsius Network: Reviewing Two Bankrupt Crypto Interest Accounts

 BlockFi vs. Celsius Network was a popular head-to-head comparison between cryptocurrency interest accounts.  From 2018 to 2021, both providers were largely considered the blue...

Coinbase Takes Aim at Crypto Lending Targeting Institutions

In the wake of high-profile bankruptcies and regulatory actions that have left the cryptocurrency lending industry reeling, Coinbase Global Inc. is stepping in to...

FTX reports a cybersecurity breach involving its claims agent Kroll

Kroll is acting as the claims agency for FTX in the ongoing bankruptcy case. Kroll is in...

BNB hacker liquidates from market meltdown, loses $53M

The dramatic market reversal that occurred in the cryptocurrency arena resulted in the liquidation of many traders. According to the data that was shown...

Australian Regulator Sentences Crypto Lender Helio for False License Claims

The Australian Securities and Investment Commission (ASIC) has sentenced Melbourne-based cryptocurrency lending firm Helio for falsely claiming it held an Australian credit license...

What is Chapter 11 bankruptcy? Understand the basics

In the complex world of finance and business, bankruptcy serves as a crucial mechanism that allows struggling companies to reorganize and regain financial stability. One...

Bankrupt BlockFi Gets Court’s Backing, Enables Withdrawal for US Customers

BlockFi, the cryptocurrency lending firm that declared bankruptcy in November last year, has secured the bankruptcy court’s approval to permit its users to withdraw their digital assets....

Celsius Approved to Send Adjusted Bankruptcy Plan to Creditors (Report)

The now-defunct cryptocurrency lending company Celsius Network reportedly received permission from US Judge Martin Glenn to send a restructured bankruptcy plan to creditors,...

How to Invest in Coinbase’s Base Project and COIN Stock

Executive Summary Base is an Ethereum Layer-2 project owned by Coinbase. Like other L2s, the goal is to improve Ethereum’s speed and scalability. Importantly, other...

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