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Tag: Lending

DeFi can take a hint from traditional finance to lower risks, says ex-Morgan Stanley exec

September 1, 2022 wp-bot Cointelegraph

Infinity Exchange CEO Kevin Lepsoe says if DeFi wants more institutional adoption in crypto, it must first nail the fixed income markets.

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Tens of Celsius clients ask US court to recover $22.5M in crypto

September 1, 2022 wp-bot Cointelegraph

Suspension of withdrawals on Celsius custody contradicts the plain language of the firm’s terms of use, a group of disgruntled creditors argued.

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Amid crypto winter, Nexo commits additional $50M to buyback program

August 30, 2022 wp-bot Cointelegraph

The Bitcoin lender has sought advice from Citigroup on how to acquire distressed crypto firms amid the bear market.

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Hodlnaut now placed under creditor protection after freezing withdrawals

August 30, 2022 wp-bot Cointelegraph

Hodlnaut froze withdrawals and all other services on its platform on Aug. 8, citing a liquidity crisis and turbulent market conditions.

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Looks bare: OpenSea turns into NFT ghost-town after volume plunges 99% in 90 days

August 29, 2022 wp-bot Cointelegraph

An ongoing debt crisis at lending platform BendDAO is also increasing the risks of the NFT bubble going bust.

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Hacker tries to exploit bridge protocol, fails miserably: Finance Redefined

August 27, 2022 wp-bot Cointelegraph

Majority of the DeFi tokens in the top-100 had a mixed week as several tokens traded in red while a few others managed to make

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