“We can’t touch it!” That was what the Chief Technology Officer had to say at the beginning of the meeting. “It’s our protocol and we wrote the smart contracts, yet we can’t touch the $4 million in li...
Tag: Liquidity
Citi Report Suggests Worst Is Over For Crypto Liquidity; Bitcoin Is Back
An American multinational bank in its recent findings revealed that the coming future for the top cryptocurrency looks positive. Citi bank in its recent study concludes that the crypto market might ha...
FTX, Alameda propose early liquidity plan for Voyager Digital customers
The company that owns and operates the popular cryptocurrency exchange FTX.com has proposed a plan to allow Voyager Digital customers the chance to receive a part of their bankruptcy claims immediatel...
FTX Moving Helping Hand Towards Customers of Voyager Digital by Offering Liquidity
FTX can support Voyager Digital customer’s partly receiving their liquidity but will not be involved in recovery from 3AC. For a while now, Bahamian crypto exchange, FTX, has been seen to help many be...
Bitcoin ‘Back With A Vengeance’ – Crypto Liquidity Crisis Is Over, Citi Report Suggests
Bitcoin could be seeing the proverbial light at the end of the tunnel, at least that’s what a major American multinational investment bank is saying on its latest findings. Multiple evidence indicate ...
Alameda propose early liquidity plan for Voyager Digital –
FTX Trading reported a proposed plan with FTX US proprietor West Realm Shires Inc. also, Alameda Ventures to give early liquidity to Voyager Digital clients with chapter 11 cases By selecting in, Voya...
FTX draws up plans to aid Voyager users access liquidity
Voyager Digital, which is currently undergoing bankruptcy proceedings, may resume withdrawals in collaboration with FTX if it continues its restructuring process. In a joint suggestion to Voyager Digi...
FTX Submits Proposal to Allow Voyager Users Access to Liquidity
Bankrupt crypto lender, Voyager, may reopen withdrawals in partnership with FTX as it proceeds with the restructuring process. FTX Trading Ltd submitted a joint proposal to Voyager Digital that will a...
FTX Offers to Bail Out Voyager Customers in Joint Liquidity Proposal
Voyager customers are being offered the opportunity to receive liquidity and an option to sign up for FTX Customers will be able to withdraw their cash immediately or use it to purchase digital assets...
Synthetix jumps 16% as DAO seals Jump Crypto liquidity deal
Synthetix (SNX/USD) has traded higher over the past 24 hours, with gains of over 16% seen in the price of the SNX token. Currently, the SNX/USD pair is changing hands around $3.26 (£2.71), up more tha...
Liquidity protocol uses stablecoins to ensure zero impermanent loss
At a time when decentralized finance (DeFi) protocols have seen a significant outflow of funds from the market, maintaining liquidity has become even more challenging. Liquidity plays a central role i...
The Mechanics of a Crypto Liquidity Crunch
To break down the mechanics of a crypto-liquidity crunch, we sat down with an institutional market expert, Chuck Lugay, head of execution services at sFOX. sFOX is known by institutional investors for...
Solution to Liquidity Fragmentation in DeFi
Decentralized Finance (DeFi) has emerged as a rival to the traditional finance economy; this nascent crypto niche made a hallmark debut in the summer of 2020 following the launch of governance tokens ...
Debunking the ‘I smell a liquidity crisis’ narrative for Coinbase
The cryptocurrency community has witnessed a fair share of drama unfold over the years. 2022 didn’t fall short in living up to this ‘grabbing headlines’ or ‘making heads turn’ narrative either. Here’s...
Coinbase stirs rumors of liquidity woes as it halts affiliate-marketing program
There has been a credit crunch in the crypto space caused by the ongoing crypto downtrend. Over the past few months, several crypto firms have failed because of facing a liquidity crisis. Celsius, Thr...
$248M stablecoins flow out of Coinbase as community refutes exchange liquidity issues
Rumors surfaced Friday night that Coinbase could face liquidity issues following leaked emails stating that it would suspend its affiliate program. Business Insider reported that they received emails ...
Most Bank Officials Say DTL And Crypto Will Play Lesser Liquidity Role In The Future
A recent survey carried out by US Federal Reserve Board revealed that most of the officials at top banks are not considering cryptocurrencies and related products and services a priority soon. The res...
Coinbase is Secretly heading Towards Insolvency! A Major Liquidity Crisis on the Horizon
Coinbase exchange is reportedly shut down its Affiliated Marketing Program within the perimeter of the USA, mentioning the reason to be the current market conditions. The platform after the 2021 bull ...
Circle Unveils USDC Liquidity And Availability In Reserves
The entire crypto space felt a negative impact from the failure of the algorithmic stablecoin UST and Terra’s native token, LUNA. Other top stablecoin projects like Tether’s USDT and Circle’s (USDC) h...
USDC Issuer Circle Discloses Its Reserves, Proving Their Liquidity And Availability
After the collapse of the Terra ecosystem (which included its native token LUNA and its algorithmic stablecoin UST), the crypto community started to become more cautious about stablecoins, pushing lar...
Anthony Pompliano Nets $12.6M to Help Crypto Labor Liquidity, Buys Rival
Investors include Peter Thiel’s investment firm, Fifth Down Capital, former Palantir CFO Pompliano’s plan to launch a crypto jobs marketplace surfaced in January 2021 Anthony Pompliano, founder of Pom...
Uniswap liquidity provider hacked for $8 million in phishing attack
On Monday, an unknown hacker reportedly stole from a wallet believed to be a liquidity provider on the Uniswap decentralized exchange (DEX). Smart contract security firm PeckShield told The Block tha...
Uniswap Liquidity Providers Hit for $8.6M in Phishing Scam
Key Takeaways A hacker stole approximately $8.6 million in crypto assets on Monday in a targeted phishing attack on Uniswap liquidity providers. While the attacker targeted 7,399 Ethereum addresses, m...
Bearcoin (BTCBEAR) nears launch on DxSale with 100% locked liquidity
Cryptocurrency investors worldwide are reeling under the throes of the bear market, which is an absolutely common phenomenon in this space, with the last one taking place two years ago when the pandem...
Celsius appoints a new legal team to navigate liquidity crisis
The Celsius Network has turned to legal experts to help it explore restructuring options. The crypto lender has hired Kirkland & Ellis LLP law firm to advise it on restructuring and help overcome ...
USDC May Land Up in Deep Trouble Soon! Is Circle Heading Towards Liquidity Crisis?
The crypto bear market has dragged many platforms to their knees, while most of the assets have plunged hard by nearly 90% from their highs. Bitcoin specifically dropped heavily from $69,000 amid the ...
Celsius used investor funds for high-risk trades triggering liquidity issues
The Celsius Network recently suffered from a liquidity crisis that forced the crypto lender to halt withdrawals, swaps, and transfers. Amid reports that the company is considering filing for bankruptc...
Crypto: Liquidity Crisis Spreads to Major Exchanges
The list of collateral victims of the liquidity crunch currently affecting crypto lenders is far from fully known. If indeed we already have two dominoes that have fallen, it will take time to know t...
Celsius Possibly Used Ponzi Scheme Solution For Avoiding Liquidity Crisis
Drama around “cryptocurrency bank” Celsius is aggravating as cryptocurrency enthusiasts found out how the company fought the potential bankruptcy, and it might surprise you how simple-yet-...
Celsius’ Liquidity Crisis Solution Will Make You Disappointed in Cryptocurrency Industry
Drama around “cryptocurrency bank” Celsius is aggravating as cryptocurrency enthusiasts found out how the company fought the potential bankruptcy, and it might surprise you how simple-yet-...
NumisMe launches with APR for USD stablecoins and liquidity providers
Today, NumisMe announces the launch of the NumisMe Vaults (featuring APR Booster), Staking, and LP incentives. Simply deposit your crypto and grow your capital with some of the highest and most secure...
Crypto Miner Core Scientific Dumps $165M Bitcoin to ‘Enhance Liquidity’
Crypto miner Core Scientific sold roughly $165 million worth of Bitcoin last month, as inflation and market turmoil piled on the pressure for public crypto companies. The NASDAQ-listed firm sold 7,202...