Bear MarketLarge short positions push Bitcoin toward $17k amid $861M in crypto liquidationsOver $250M in Bitcoin liquidations aid crypto capitulation as Bitcoin drops 3 years ago
TradingCrypto short liquidation cross $750M in 4 hours as Bitcoin reclaims $20kShort liquidations hit a 3-month high as Bitcoin wipes out $356M in less than four hours 3 years ago
BankruptcyCelsius receives court approval for bidding proposal, final judgement expected Dec. 22Celsius filed for a bidding proposal on Oct. 3 seeking the court's approval to sell its remaining assets. 3 years ago
AdoptionUSDC, Axelar’s new protocol has bridge-free cross-chain swaps; does away with bridged tokensCross-chain swaps can now be routed through USDC and transferred via CCTP to a new chain without the need for a traditional web3 bridge 3 years ago
LendingMoon Mortgage lands $3.5M investment to provide crypto-collateralized mortgagesThe CryptoMortgage product will take investors' digital assets as collateral and provide them with 100% of the financing for properties in the U.S. 3 years ago
Bear MarketTrueFi issues notice of default to VC firm Blockwater on $3M loanTrueFi is in discussion with Blockwater and its advisors to recover the remaining funds but will also engage in legal proceedings to ensure best outcome for shareholders. 3 years ago
LendingNexo integrates enterprise-grade blockchain indexer ZashThe Zash team will be working with Nexo to provide clean, labeled, and indexed NFT data to feed its valuation and pricing models 3 years ago
BankruptcyCelsius Creditors moves to recoup $439M through EquitiesFirst subpoenaEquitiesFirst has redeemed about $70 million of Celsius Collateral but owes approximately $439 million, consisting of $361 million in USD and 3,765 BTC. 3 years ago
LendingCalifornia issues cease, refrain order to Nexo over offering clients an Earn Interest ProductThe state financial regulators stated they were increasing regulatory scrutiny "against interest-bearing cryptocurrency accounts.” 3 years ago
LendingMaple Finance launches $300M lending pool for Bitcoin mining firmsThe lending pool is open to mid-sized bitcoin mining providers. Real-world assets will be required for the loan which is repayable over a 12-18 months period. 3 years ago
BankruptcyBankrupt crypto lender Voyager set to auction off its assets on Sept. 13Voyager said it had received multiplied bids from over 22 parties interested in buying up its assets. 3 years ago
BankruptcyCelsius wants to return $210 million worth of custody assetsThe firm has filed a petition to allow eligible customers to withdraw assets from its custody program and Withhold accounts. 3 years ago