Leading crypto lending firms and hedge funds have run into trouble due to the market turmoil but more so because of their unchecked reckless decision-making
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Nexo hires Citibank to advise on acquisitions during market turmoil
“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms.
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Celsius’ crisis exposes problems of low liquidity in bear markets
Third-party custodians like Celsius failing is a reminder of one of the most basic principles of crypto; not your keys, not your coins.
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ECB head calls for separate framework to regulate crypto lending
Christine Lagarde introduced a “MiCa II” idea to cover the issues yet untouched by European regulators
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Crypto lending can still survive bear market, analyst says
Bear markets are much more brutal for crypto lenders than cryptocurrency firms that don’t leverage users’ deposits, according to one Bitcoin analyst.
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How borrowing and lending in DeFi can make you more money!
An introduction to margin trading in DeFi and how to go long or short on stables or other cryptocurrencies! Continue reading on Medium »
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