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Tag: Celsius

FTX contagion shuts down BlockFi

November 11, 2022 Comments are Disabled

The fallout from the demise of cryptocurrency exchange FTX has reached the crypto deposit and lending platform BlockFi, which announced at 1.15am GMT on 11 November that it was suspending […]

Stablecoins come unstuck again

June 13, 2022 Comments are Disabled

The cryptocurrency market turmoil unleashed by the collapse of lending platform Celsius Network is putting dollar stablecoins under renewed pressure. Earlier today Celsius announced that it was pausing all withdrawals, […]

US cracks down on crypto lending

September 20, 2021 Comments are Disabled

US regulators are cracking down aggressively on the trading platforms that offer mouth-watering dollar-denominated interest rates on loans of crypto assets. On Friday, Coinbase announced that it was discontinuing a […]