- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Babel Finance
Crypto’s Latest Stablecoin, Called HOPE, Started by Ex-Babel Finance CEO Flex Yang
The token will serve as the native stablecoin for the new Hope ecosystem, which is focused on bringing traditional-finance users to the crypto market.
Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report
The firm's sole director is hoping to roll out a DeFi platform to begin paying back creditors.
Report: Lender Babel Finance Lost $280M Trading Customer Funds
Hong Kong crypto lender Babel Finance reportedly lost $280 million in proprietary trades with customer funds, according to The Block. Babel Finance suspended withdrawals in June amid the liquidity crisis and “The Hash” panel discusses the ongoing contagion and their outlook for crypto regulation.
Zipmex Receives Investment Offer; Voyager Calls FTX’s Offer ‘Low-Ball’ Bid
Troubled crypto exchange Zipmex said it received an investment offer from an interested party as it faces $100 million in losses on loans to Babel Finance. ProChain Capital President David D. Tawil discusses what this means for the future of Zipmex.
NFT Market Fraud in Focus; Bybit Job Cuts
Hong Kong movie star Louis Koo denies involvement with Chinese NFT platform. China’s Wechat bans NFT marketplace over flipping. Combating phishing scams and insider trading in the NFT market. Babel Finance says liquidity pressure eased with new debt agreements. Bybit to cut up to 30% of employees. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Babel Finance Sets Up Shop in Singapore
Over two-thirds of Singaporeans with personal investments have crypto in their portfolios.
Babel Finance Bets on Longtime Fintech Hand to Help Navigate Regulatory Landscape
The Hong Kong-based crypto lender says new CFO Edmond Lau will oversee $500 million in assets under management.
Crypto Finance Firms are Lending, But Who’s Borrowing?
More and more crypto lenders are getting into the lending game, but who is taking out loans using crypto as collateral? Babel Finance’s Yulong Liu says borrowers range from crypto miners to professional trading desks. Plus, he shares his plans to use the $40 million raised in the most recent funding round.
Babel Finance Raises $40M From Zoo Capital, Sequoia Capital, Tiger Global
The investment is the first foray into Asia's crypto finance industry for Zoo, BAI Capital and Tiger Global Management.
Babel Finance Is Letting Crypto Mining Firms Use Machines as Loan Collateral
A clever way for bitcoin miners to get better loan terms.
