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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 …

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Babel Finance reaches debt agreement to ease liquidity pressure

Babel Finance reaches debt agreement to ease liquidity pressure

Babel Finance reaches debt agreement to ease liquidity pressure Monica Noronha · 6 hours ago · 1 min read Crypto lending platform Babel Finance has reached agreements with major counterparties on the debt repayment timeline to ease its liquidity crunch. 1 min read Updated: June 20, 2022 at 4:36 pm Cover art/illustration via CryptoSlate 👋 …

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Russian Finance Ministry Rules Out Sale of Oil for Bitcoin

Russian Finance Ministry Rules Out Sale of Oil for Bitcoin

The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto Payments Not for Russian State Settlements, Ministry of Finance Says Cryptocurrency …

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BlockFi, Crypto.com, and Others Come Forward as Three Arrows Hires Advisers, Babel Finance Pauses Withdrawals

BlockFi, Crypto.com, and Others Come Forward as Three Arrows Hires Advisers, Babel Finance Pauses Withdrawals

Source: AdobeStock / Andrii Yalanskyi After several days of intense discussions and rumors circulating about insolvency at major crypto hedge fund Three Arrows Capital (3AC), more details about the financial exposure other companies in the space have had to the hedge fund have emerged, with crypto lender BlockFi being named as one counterparty affected. 3AC …

BlockFi, Crypto.com, and Others Come Forward as Three Arrows Hires Advisers, Babel Finance Pauses Withdrawals Read More »

Activist shareholder Nelson Peltz in tussle with insurgent investors

Activist shareholder Nelson Peltz in tussle with insurgent investors

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend – full …

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‘Ungovernable’ French parliament to stymie Macron’s reform drive

‘Ungovernable’ French parliament to stymie Macron’s reform drive

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend – full …

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EU warns against fossil fuel ‘backsliding’ as coal replaces Russian gas

EU warns against fossil fuel ‘backsliding’ as coal replaces Russian gas

Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business news Digital Be informed with the essentialnews and opinion MyFT – track the topics most important to you FT Weekend – full …

EU warns against fossil fuel ‘backsliding’ as coal replaces Russian gas Read More »

BlockFi, Crypto.com, and Others Come Forward as Three Arrows Hires Advisers, Babel Finance Pauses Withdrawals

BlockFi, Crypto.com, and Others Come Forward as Three Arrows Hires Advisers, Babel Finance Pauses Withdrawals

Source: AdobeStock / Andrii Yalanskyi After several days of intense discussions and rumors circulating about insolvency at major crypto hedge fund Three Arrows Capital (3AC), more details about the financial exposure other companies in the space have had to the hedge fund have emerged, with crypto lender BlockFi being named as one counterparty affected. 3AC …

BlockFi, Crypto.com, and Others Come Forward as Three Arrows Hires Advisers, Babel Finance Pauses Withdrawals Read More »