Aave, a popular lending protocol in the decentralized finance (DeFi) space, has taken action to mitigate the impact of recent price volatility in the stablecoin market. On March 11, the price of USD C...
Tag: Freezes
Etsy freezes transactions after Silicon Valley Bank closure, squeezing sellers nationwide
The collapse of start-up backer Silicon Valley Bank this week continues to cause ripples across the tech industry, with Etsy the latest company to voice concerns after announcing a transaction freeze....
Aave freezes stablecoin trading on Avalanche V3 as activity surges on CEXs
Lending protocol Aave has frozen stablecoins trading and set Loan-to-Value (LTV) ratio to zero in response to recent price volatility on stablecoins after the USD Coin (USDC) depegged on March 11. Ac...
SEC Freezes Assets Of Miami-Based Crypto Hedge Fund In $100 Million Crypto Fraud Case ⋆ ZyCrypto
Advertisement     Another day, another SEC enforcement action. The U.S. securities watchdog has just filed an emergency action against Miami-based investment adviser B...
TON blockchain freezes $2.6B worth of inactive tokens
According to the results of a community vote on Feb. 22, users and validators of The Open Network (TON), a layer-1 blockchain previously created by Telegram, have voted to suspend miners’ wallets for ...
Commercial Property Market Freezes, Sending Bond Volume Plummeting
(Bloomberg) — Sales of commercial mortgage bonds have fallen off a cliff, plummeting about 85% year-over-year, as rising interest rates cut into lending volume and defaults spook investors. Most...
South Korea Freezes $93M Allegedly Belonging to Company Involved in Terra’s Crash (Report)
The South Korean court has reportedly frozen 120 billion won (over $93 million) in assets belonging to executives of blockchain consultancy firm Kernel Labs. The entity is speculated to have had a ha...
S.Korea Freezes $92M Worth Terra Linked Asset
South Korean authorities have frozen 120 Billion Won ($92 million) worth of assets from the executives of Kernel Labs, an affiliate of Terraform Labs, The Korea Economics Daily reported. According to ...
As crypto winter freezes profits, these exchanges are now left in the cold
Australian crypto exchange Swyftx cuts down workforce by 40% due to the ongoing crypto winter ByBit decides to lay off employees for the second time considering the market scenario The crypto winter t...
Binance freezes $3M from Ankr exploit
Binance CEO Changpeng Zhao revealed on Dec. 2 that the exchange froze around $3 million of the funds from Ankr’s hack. Possible hacks on Ankr and Hay. Initial analysis is developer private key was hac...
FTX: SBF insists, but the new CEO freezes it
Yesterday, the former CEO of FTX, Sam Bankman-Fried (SBF) gave a lengthy interview in which he shared his side of the story of the collapse of the exchange he co-founded in 2019. SBF stated that he n...
Aave Freezes Multiple Lending Markets Citing Volatility Concerns
The decentralized lending protocol AAVE has temporarily disabled its lending markets for multiple Ethereum-based tokens facing excess volatility and low liquidity. The 17 frozen assets include various...
Aave temporarily freezes lending markets to fend off further attacks
The lending markets were frozen right after its governance members passed a vote that aims to temporarily freeze assets considered to be volatile and have low liquidity. The assets included in the lis...
South Korea Freezes $104 Million in Assets Belonging to Terra Co-Founder – Bitcoin News
South Korea’s prosecutors have reportedly obtained a court order to freeze assets worth about $104 million belonging to Terraform Labs co-founder Daniel Shin. The authorities allege that he unfairly p...
FTX bankruptcy freezes millions worth of crypto company funds
The collapse of the cryptocurrency exchange FTX continues to have knock-on effects throughout the crypto industry, with multiple crypto-focused companies reporting significant amounts of their capital...
Paxos Freezes $19 Million in PAXG Tokens Linked to FTX
Cryptocurrency issuer Paxos has frozen over $19 million worth of crypto assets tied to bankrupt exchange FTX at the direction of U.S. law enforcement, the company announced Saturday. The funds, 11,18...
Paxos freezes FTX funds following a US watchdogs directive – crypto.news
Over the weekend, Paxos announced the freezing of PAXG tokens in the FTX crypto exchange following a government directive. Several other networks also froze FTX and its leaders’ accounts in the past f...
Kraken Freezes FTX and Alameda Accounts, Provides Proof of Reserves
On Nov. 13, the Kraken exchange announced that it has been in contact with law enforcement regarding the accounts held by the bankrupt FTX group. It added that it had frozen any accounts linked to FTX...
Paxos freezes assets tied to FTX after law enforcement directive
U.S. law enforcement officials directed Paxos on Saturday to freeze assets previously held on FTX. Paxos, a regulated blockchain infrastructure platform, froze 11,184.38 PAXG tokens valued at ro...
Manhattan District Attorney Freezes $1.3 Million in Crypto — Seeks to Return Funds to Fraud Victims – Regulation Bitcoin News
Manhattan District Attorney (DA)’s Office has frozen more than $1.3 million in cryptocurrency “during fraud investigations conducted over the past ten months.” The authority said: “We are returning th...
Disney reportedly freezes hiring and expects some layoffs
Disney CEO Bob Chapek has told division leads in a letter that the company is implementing cost cutting measures in part to help it “achieve the important goal of reaching profitability for Disn...
Kraken Freezes All FTX Group Linked Accounts
Kraken Exchange has announced that accounts belonging to FTX, Alameda Research, and their executives have been frozen after FTX filed for bankruptcy protection in the United States. According to a twe...
Crypto Exchange Kraken Freezes Accounts of FTX, Alameda Research, Their Executives – Exchanges Bitcoin News
Crypto exchange Kraken has frozen a handful of accounts owned by the bankrupt FTX Group, Alameda Research, and their executives. Kraken has been in contact with law enforcement after discovering that ...
Kraken freezes FTX and Alameda accounts, ‘maintains full reserves’
Kraken has frozen accounts owned by FTX Group, Alameda Research and their executives following their filing for Chapter 11 bankruptcy protection. “Kraken has spoken with law enforcement regardin...
Bahamas Regulator Freezes FTX Assets — Supreme Court Appoints Provisional Liquidator – Regulation Bitcoin News
The Bahamas Securities Commission has frozen the assets of FTX Digital Markets and related parties. The financial regulator said the prudent course of action is to put the crypto firm “into provisiona...
Bahamas freezes FTX assets, Alameda Research winds down – crypto.news
More than six governmental regulatory bodies, including the U.S. SEC, CFTC, DOJ, California and other municipal governments in the US, the Bahamas, and the Japanese Financial Services Agency, have sta...