Babel Finance Loses $280 Million, 8,000 BTC Of Customer Funds: Report
A report cites a restructuring deck where Babel details unhedged ‘risky’ trading practices leading to mass ...
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Monday, November 18, 2024
Tag: Trading
Ethereum will outpace Visa with zkEVM Rollups, says Polygon co-founder
A new scaling solution, zkEVM Rollups, could allow Ethereum to overcome Visa in terms of transaction ...
Read moreAfrica Is Poised For A Bitcoin Mining Boon
Surging general interest in Bitcoin, ideal energy sources and other facts make Africa an ideal region ...
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CME futures see record activities in Q2 2022 despite the bear market
The CME Group has reported increased activity in Q2 2022 for its Bitcoin and Ether derivatives ...
Read moreBitcoin ASIC Maker Canaan To Launch U.S. Mining Operations
A Canaan executive detailed the success of its pilot mining operations in Kazakhstan and shared plans ...
Read moreApple And Google Under U.S. Senate Scrutiny For Crypto App Fraud
Following a Federal Bureau of Investigation (FBI) warning on crypto-related fraud, a member of the US ...
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Bitcoin bear market over, metric hints as BTC exchange balances hit 4-year low
Coins stationary for at least a year are suggesting that accumulation is done — something which ...
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Babel lost over $280M trading with customer funds; wants to raise up to $300M
Embattled crypto lender Babel Finance lost over $280 million while trading with customer funds, The Block ...
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Charles Schwab’s asset management arm launches crypto-linked ETF
Schwab said the investment vehicle will offer exposure to firms involved in mining and staking as ...
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Crypto contagion deters investors in near term, but fundamentals stay strong
Many experts believe that the recent slew of insolvencies may be good for the market in ...
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