Babel Finance, a cryptocurrency firm that is bending under the weight of significant debt, is looking to hire U.S. restructuring specialist firm Houlihan Lokey, CoinDesk...
Cryptocurrency exchange operator FTX was contemplating a deal to bail out troubled Celsius but ultimately walked away because the crypto lender’s balance sheet added up...
Decentralized finance (DeFi) entered the public consciousness in 2021 by offering both small and large crypto owners sky-high interest rates for what was often described...
With crypto melting down, short sellers have been adding more bets against Tether, the world’s biggest stablecoin, The Wall Street Journal reported Monday (June 27)....
Vulture investors appear to be circling damaged crypto lenders and investments, with news breaking over the weekend that firms ranging from cryptocurrency exchange FTX to...
Goldman Sachs is trying to raise $2 billion toward buying the assets of Celsius Network, a distressed crypto lender struggling amid the turmoil in the...
Embattled cryptocurrency lender Celsius Network has hired restructuring consultants as it prepares for a possible bankruptcy. That’s according to a Friday (June 24) Wall Street...
Today in data, cryptocurrency firms are scaling back their marketing efforts as a potential so-called “crypto winter” looms, while cryptocurrency lender Babel Finance is reaching...