Roni Cohen-Pavon, a former executive at Alex Mashinsky's now-bankrupt cryptocurrency lender Celsius Network, has pleaded guilty to U.S. criminal charges and agreed to cooperate with prosecutors' …
Coinbase launches crypto lending platform for US institutions
Cryptocurrency exchange Coinbase has rolled out a crypto lending service for institutional investors in the United States, reportedly aiming to capitalize on massive failures in the crypto lending …
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‘Staking’ as a disservice—how crypto marketers ruin it for everyone
The cryptocurrency exchange Kraken made big news last month when it announced a groundbreaking settlement with the Securities and Exchange Commission, shutting down the firm’s “staking-as-a-service” …
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Canada bans crypto leverage and margin trading after FTX collapse
Authorities in Canada are taking measures to better protect Canadian cryptocurrency investors in the aftermath of the FTX collapse and the spreading contagion. The Canadian Securities Administrators …
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SEC Chair Gary Gensler: Crypto Lenders Offered ‘Too Good to Be True’ Returns
Securities and Exchange Commission Chair Gary Gensler called out cryptocurrency lending companies for offering unrealistic yields today in an interview with Yahoo Finance. “If it’s too good to be …
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Goldman Sachs Leading Investor Group to Buy Celsius Assets: Sources
Goldman Sachs is looking to raise $2 billion from investors to buy up distressed assets from troubled crypto lender Celsius, according to two people familiar with the matter. The proposed deal would …
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Explainer: The world of crypto lending
Major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers on Monday, citing "extreme" market conditions, sparking a sell-off across crypto markets. Here's what you need …
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Crypto Lending: Unregulated crypto-backed loans get popular, but not without risks
While it is already known that cryptocurrency is becoming even more popular as an investment, it is evidently gaining traction globally as a mode of payment too – albeit not without factoring in …
The Future of DeFi and Crypto Lending: BlockFi’s $100M Settlement with the SEC
The trick to understanding the crypto and blockchain space is tracking the right thought leaders and subject matter experts. It is a very close-knit, passionate community of pioneers, evangelists, …