Babel Finance

Gemini, DCG Face Lawsuit Alleging $1.1 Billion Fraud
Gemini, DCG Face Lawsuit Alleging $1.1 Billion Fraud
October 19, 2023  |  Cryptocurrency

Crypto exchange Gemini and venture capital firm Digital Currency Group (DCG) are facing a lawsuit filed by New York Attorney General Letitia James, alleging the companies defrauded customers of $1.1...

READ MORE >
Today in Crypto: Three Arrows Capital Files for Bankruptcy; Celsius Hits Three Week Mark of Closed Withdrawals
Today in Crypto: Three Arrows Capital Files for Bankruptcy; Celsius Hits Three Week Mark of...
July 03, 2022  |  Cryptocurrency

Babel Finance, a cryptocurrency firm that is bending under the weight of significant debt, is looking to hire U.S. restructuring specialist firm Houlihan Lokey, CoinDesk...

READ MORE >
Today in Data: Looming ‘Crypto Winter’ Leads to Flurry of Activity
Today in Data: Looming ‘Crypto Winter’ Leads to Flurry of Activity
June 22, 2022  |  Today In Data

Today in data, cryptocurrency firms are scaling back their marketing efforts as a potential so-called “crypto winter” looms, while cryptocurrency lender Babel Finance is reaching...

READ MORE >
Today in Crypto: UK Loosens ID Rules on Unhosted Wallets; Babel Finance Reaches Debt Agreement; Bitcoin Rebounds Above $20K
Today in Crypto: UK Loosens ID Rules on Unhosted Wallets; Babel Finance Reaches Debt Agreement;...
June 20, 2022  |  Cryptocurrency

The U.K. Treasury has gone back on a new rule regarding practices related to data collection for unhosted wallets, according to a report published Monday...

READ MORE >
Today in Crypto: Babel Finance Stops Withdrawals; MakerDAO Suspends Some Activity on Aave
Today in Crypto: Babel Finance Stops Withdrawals; MakerDAO Suspends Some Activity on Aave
June 19, 2022  |  Cryptocurrency

Babel Finance has suspended its withdrawals and redemptions, a company notice said. This comes as it notes that the crypto has seen “major fluctuations” and...

READ MORE >
Today in Crypto: Andreessen Horowitz Debuts $4.5B Crypto Fund; WeWork’s Neumann Starts Crypto Credit Climate Firm Flowcarbon
Today in Crypto: Andreessen Horowitz Debuts $4.5B Crypto Fund; WeWork’s Neumann Starts Crypto Credit Climate...
May 25, 2022  |  Cryptocurrency

Andreessen Horowitz has set up a new crypto fund, its fourth, which will total $4.5 billion, a company blog said Wednesday (May 25). Of that...

READ MORE >
Bitcoin Daily: Ether Climbs 7 Pct To Record; Babel Finance Nets $40 Million In Funding For Crypto Financial Services
Bitcoin Daily: Ether Climbs 7 Pct To Record; Babel Finance Nets $40 Million In Funding...
May 10, 2021  |  Bitcoin

Cryptocurrency Ethereum surged past $4,000 on Monday (May 10), CNBC reported. The coin, which is the world’s second largest after bitcoin, was at its all-time...

READ MORE >