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 reported Friday (July 1), citing anonymous sources. Get the Full Story Complete the form to unlock this article and enjoy...
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 agreements to repay some debts after freezing withdrawals on its platform. Plus, Elon Musk is reaffirming his support of dogecoin...
The U.K. Treasury has gone back on a new rule regarding practices related to data collection for unhosted wallets, according to a report published Monday (June 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Babel Finance has suspended its withdrawals and redemptions, a company notice said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
October 19, 2023
Crypto exchange Gemini and venture capital firm Digital Currency Group (DCG) are facing a lawsuit filed by New York Attorney General Letitia James, alleging the companies defrauded customers of $1.1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily […]
July 03, 2022
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 reported Friday (July 1), citing...
June 20, 2022
The U.K. Treasury has gone back on a new rule regarding practices related to data collection for unhosted wallets, according to a report published Monday (June 20). Get the Full...
June 19, 2022
Babel Finance has suspended its withdrawals and redemptions, a company notice said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
