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Lending
Solend’s Whale Liquidation Crisis Prompts Second Vote to Reverse ‘Emergency Powers’
The Solana-based borrowing and lending service is going back to the ballot box.
Babel Finance Suspends Withdrawals, Citing 'Unusual Liquidity Pressures'
Babel Finance has responded to a market downturn by temporarily freezing withdrawals and redemptions.
Crypto Lender Celsius Hires Restructuring Attorneys, WSJ Reports
Celsius announced early Monday it would pause withdrawals along with its swap and transfer products, citing "extreme market conditions."
Swan Bitcoin CEO Calls Celsius Withdrawal Freeze ‘So Opaque’
Cory Klippsten said on CoinDesk TV’s “First Mover” program that the crypto lending platform had misled investors.
Celsius’s CEL Token Jumps 8-Fold in Intraday Spike
The lender’s token reached a high of $2.57 in what appears to be a short squeeze.
Nexo Proposes Celsius Buyout as Rival Lending Platform Halts Withdrawals
Celsius said it also paused its swap and transfer products and did not provide a timeline for resuming withdrawals.
Crypto Lender Babel Finance Lands Unicorn Status With $80M Series B
The funding round sets the firm's valuation to $2 billion.
Celsius Network Files Draft S-1 Form to Take Its Mining Unit Public
The filing is expected to become effective after the SEC completes its review process, subject to market and other conditions.
Jane Street Dives Into DeFi With $25M USDC Loan
The Wall Street trading firm made its first DeFi investment last month, backing decentralized lending protocol Bastion.
Crypto.com Slashes Card Rewards, CRO Drops 11% as Community Reacts
In addition, staking rewards would no longer be offered to cardholders after the completion of the current 180-day period.
