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Crypto lender Babel Finance wins debt repayment reprieve after withdrawal freeze

Crypto lender Babel Finance wins debt repayment reprieve after withdrawal freeze

Please try another search Economy 7 hours ago (Jun 21, 2022 12:35AM ET) © Reuters. A representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration (Reuters) – 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 …

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Japan Finance Minister says to respond to FX moves appropriately if necessary

Japan Finance Minister says to respond to FX moves appropriately if necessary

Please try another search Economy 7 hours ago (Jun 21, 2022 12:00AM ET) © Reuters. FILE PHOTO: Japan’s new Finance Minister Shunichi Suzuki wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, speaks at a news conference in Tokyo, Japan, October 5, 2021. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said on …

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Babel Finance to Repay ‘Some Debts’ and ‘Ease Its Short-term Liquidity Pressure’

Babel Finance to Repay ‘Some Debts’ and ‘Ease Its Short-term Liquidity Pressure’

Source: Adobe/tiero Crypto-financial services provider Babel Finance claims to have reached certain “preliminary agreements” with “major” and “relevant” players on the repayment period of “some debts” – easing its short-term liquidity pressure. Per today’s notice by the company, “We have communicated with major counterparties and relevant customers, and reached preliminary agreements on the repayment period …

Babel Finance to Repay ‘Some Debts’ and ‘Ease Its Short-term Liquidity Pressure’ Read More »

Synthetix (SNX) Price, Monday’s Biggest Gainer, Balloons By 100% – Here’s Why

Synthetix (SNX) Price, Monday’s Biggest Gainer, Balloons By 100% – Here’s Why

After plunging below $18,000 over the weekend to trade at a price of SNX, the native token of Synthetix decentralized finance (DeFi) platform, has gained more than 100% to usher in the week. SNX has proven to be the stock with the biggest rise on Monday. The token’s 24-hour trading volume has increased by more …

Synthetix (SNX) Price, Monday’s Biggest Gainer, Balloons By 100% – Here’s Why Read More »

Eurocoin is euro currency, held in euro-denominated banking accounts, says Jeremy Allaire

Eurocoin is euro currency, held in euro-denominated banking accounts, says Jeremy Allaire

Stablecoin issuer Circle recently launched its Eurocoin stablecoin and the company’s CEO recently discussed this latest development. Jeremy Allaire, the CEO of Circle, the company behind the USDC and Eurocoin stablecoins, discussed the company’s latest product launch and the state of the general cryptocurrency market. In an interview with AP News, Allaire said the company’s Eurocoin …

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The Game-Utility Token Of Tribalpunk Cryptoverse Observed An ATH 50X Following Anta’s Successful Listing On Pancakeswap

The Game-Utility Token Of Tribalpunk Cryptoverse Observed An ATH 50X Following Anta’s Successful Listing On Pancakeswap

HCMC, Vietnam, 21st June, 2022, Chainwire On May 31, 2022, Tribalpunk Cryptovere successfully listed the project’s governance tokens on Pancakeswap and received much attention from the community amid the current bear market. GameFi and the crypto market as a whole are now in a bear market after significant turbulence. Everything was put on hold due …

The Game-Utility Token Of Tribalpunk Cryptoverse Observed An ATH 50X Following Anta’s Successful Listing On Pancakeswap Read More »

Investors lost over $7 billion as Bitcoin crashed: Glassnode

Investors lost over $7 billion as Bitcoin crashed: Glassnode

Realized loss for Bitcoin investors hit a historic $7.3 billion over just three days last week, according to data from analytics firm Glassnode. Per the firm’s data, investors reeling from sustained sell-off pressure exited positions they had taken at much higher prices, leading to the huge realized loss. In terms of definition, Glassnode looks at …

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Babel Finance to Repay ‘Some Debts’ and ‘Ease Its Short-term Liquidity Pressure’

Babel Finance to Repay ‘Some Debts’ and ‘Ease Its Short-term Liquidity Pressure’

Source: Adobe/tiero Crypto-financial services provider Babel Finance claims to have reached certain “preliminary agreements” with “major” and “relevant” players on the repayment period of “some debts” – easing its short-term liquidity pressure. Per today’s notice by the company, “We have communicated with major counterparties and relevant customers, and reached preliminary agreements on the repayment period …

Babel Finance to Repay ‘Some Debts’ and ‘Ease Its Short-term Liquidity Pressure’ Read More »