Tag: contagion
Contagion engulfs Bitcoin miners as bear market continues
Never underestimate how quickly things can deteriorate in a sector as volatile as crypto, especially in a bear market. Prices can always go lower in t [...]
Amber Group raises $300M to recover from FTX contagion
Amber has completed a new $300 million Series C funding round, led by blockchain-focused venture capital company Fenbushi Capital US, the firm announc [...]
Crypto Trading Firm Amber Group Raises $300M Series C After FTX Contagion
The round was led by Fenbushi Capital U.S., and other crypto investors and family offices, the firm said on Twitter. Singapore's investment fund Temas [...]
Crypto Audit Platform Sherlock Expects $4M Loss From Troubled Loans on Maple Finance As FTX Contagion Grows
Orthogonal Trading’s insolvency, triggered $31 million of loans in the credit pool to default this week. The bad debt represents 80% of the credit poo [...]
Crypto Firm Orthogonal, Victim of FTX Contagion, Now Faces Internal Dissent
Shortly after Orthogonal got served with default notices on $36 million of crypto loans from Maple Finance, the firm’s credit team published a stateme [...]
Decentralized Finance Risk-Sharing Protocol Nexus Mutual Expects Loss on Maple Finance Credit Pool Investment as FTX Contagion Widens
However, more Nexus funds appear to be endangered. Orthogonal Trading’s defaulted debt on Maple’s wrapped ether credit pool amounts to some $5 million [...]
The Contagion Fever Breaks: NFTs Dominate Art Basel
Miami’s annual Art Basel festival, now in its 20th year, connects galleries, artists and collectors to create unique artist-led experiences and bolste [...]
DeFi ecosystem still haunted by FTX contagion: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant deve [...]
Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain
Core Scientific, Bitfarms and Genesis Digital Assets are among miners that have direct and indirect exposure to the contagion.
www.coindesk.com [...]
Crypto trading firm Auros Global misses DeFi payment due to FTX contagion
Crypto trading firm Auros Global appears to be suffering from FTX contagion after missing a principal repayment on a 2,400 Wrapped Ether (wETH) decent [...]
Crypto Trader Auros Global Misses Payment on DeFi Loan As FTX Contagion Spreads
The company missed payment on a 2,400 wrapped ether loan, worth $3 million, from a M11 Credit pool on Maple Finance.
www.coindesk.com [...]
Market Maker Keyrock Raises $72M Series B Amid FTX Contagion
The liquidity provider, which closed the funding in September, had minimal exposure to the collapsed exchange.
www.coindesk.com [...]
How stable are stablecoins in the FTX crypto market contagion?
If early November’s FTX collapse was crypto’s “Lehman moment” — as more than a few pundits have suggested — will the FTX contagion now spread to stabl [...]
Calls for regulation get louder as FTX contagion continues to spread
Crypto executives and politicians are becoming louder in their calls for crypto regulation as the aftermath of the FTX collapse continues to reverbera [...]
Wrapped Bitcoin Trades at Discount Amid Market Contagion
“Alameda was one of the most important market makers for some small-cap altcoins, while other major market makers registered losses and are likely to [...]