Bookmarking Crypto Insights
Auto Added by WPeMatico
The crypto billionaire said he would look at Celsius, but he saw little left to rescue otherwise; the mess is the price of inaction on the part of regulators and the industry. Go to Source Powered by WPeMatico
Acquiring the assets of Celsius would imply FTX’s intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4 billion. Go to Source Powered by WPeMatico
“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms. Go to Source Powered by WPeMatico
Nexo platform could rescue Celsius’ customers after “what appears to be the insolvency of the Celsius Network.” Go to Source Powered by WPeMatico
The NFT marketplace buys the nearly five-year-old DeFi protocol but does not share financial terms. Go to Source Powered by WPeMatico
Monex Group, a Tokyo-based financial services group, is considering buying Coincheck. Shares in Monex jumped 23% off news that the retail investor was eyeing the Japanese exchange that was notoriously hacked this year. The move would benefit both parties, giving Monex an entry into the burgeoning crypto markets and granting Coincheck’s owners a way out. … Read more
When it was announced on Monday that Circle would be acquiring Poloniex, much of the focus was on the $400 million reported to have changed hands. It was a good bit of business for both parties, ran the general consensus, and not a bad deal for customers of the exchange either, who might finally experience … Read more
