Babel
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Analysis
Babel lost over $280M trading with customer funds; wants to raise up to $300M
Embattled crypto lender Babel Finance misplaced over $280 million whereas buying and selling with buyer funds, The Block reported July…
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Bitcoin
KuCoin CEO Refutes Rumors that the Exchange Will Pause Withdrawals or Had Exposure to 3AC, LUNA or Babel Finance.
Abstract: KuCoin CEO, Johnny Lyu, has debunked rumors that the trade will quickly pause withdrawals. In response to Mr. Lyu,…
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DeFi
Crypto lender Babel Finance halts withdrawals due to liquidity pressures
Hong Kong-based asset supervisor Babel Finance is the most recent cryptocurrency lending agency experiencing some critical points amid the continued…
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