CeFi - Page 3
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Is the Fud Over? Market Is up Only Despite More 3AC Fud
Ether above $1500, Bitcoin at $23.5k. As temperatures soar across Europe a fire seems to have been ignited under crypto’s bottom prompting belief, relief and a sense that maybe, just maybe, the pain is over. It’s a sea of green out there. But what’s driving it and how is it that even the revelation of…
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Celsius Continues To Rapidly Repay DeFi Loans
Embattled crypto lender Celsius Network is aggressively paying down its DeFi debts as user withdrawals remain suspended.
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3AC Ghosts Everyone, Celsius Fights Back
Kyle Davies and Zhu Su, the founders of 3 Arrows Capital appear to be ghosting the lawyers involved in their liquidation proceedings. According to a Coindesk article court documents filed on friday indicate that the pair had ‘not yet begun to cooperate with the process in any meaningful manner’. They had appeared on a Zoom…
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Crypto Contagion: Mapping the fallout from $LUNA, 3AC, Celsius, Voyager and BlockFi
You’ll no doubt be hearing the word contagion from all corners but didn’t we just escape the clutches of the pandemic. Well yes. But crypto is really like a house of mirrors where nothing is ever what it seems. But it’s also a house of cards, built on a complex system of levered dependencies. And…
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Celsius Partner Details Inner Workings of 'Ponzi Scheme' in Lawsuit
Asset Manager Claims Celsius Engaged in 'Gross Mismanagement' of Deposits
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Celsius Pays Off MakerDAO Debt, Moves $500M of Bitcoin to FTX
Celsius has repaid its DAI loan on MakerDAO and withdrawn its WBTC collateral.
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Celsius Pays Down 183M DAI in Debt to Stave Off Liquidation
CeFi Bank Scrambling to Reduce Exposure After Suspending Withdrawals
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Voyager files for bankruptcy but Otherside load test is a smash
A quick bit of news to fire you on your way today. And it’s a tale of two bear markets. On the one hand we have Voyager Digital who have just filed for Chapter 11 bankruptcy, just the latest sorry chapter in this deeply sorry saga. As we reported on Monday, in their July 1st…
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3AC Liquidation, Celsius Layoffs, Voyager Freezes but BlockFi Strikes a Deal
Is it over? Is this the future? Sadly, the answer, is no. The catastrophic fallout of the UST collapse continues as Voyager, Celsius, BlockFi, 3AC and SBF dominated headlines once again last week. All the latest from this opera of rektitude.
