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Tag: Babel Finance

Zipmex under Scrutiny as Thailand Orders Suspension

Thailand's Securities and Exchange Commission (SEC) has directed Zipmex Company Limited to temporarily suspend its digital asset trading center and brokerage services. The SEC's decision against...

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Emerging Trends In Crypto Fraud – CryptoInfoNet

This is an Insight article, written by a selected partner as part of GIR’s co-published content. Read more on InsightIn summaryCryptocurrency – it’s the...

Crypto Lender Abra Has Been Insolvent Since March, Says State Regulator

The Texas State Securities Board alleged that Abra has been insolvent for months in an emergency cease and desist order. ...

Zipmex files for two-month extension to moratorium

Zipmex says it filed for the court extension as it seeks to find a solution that...

Zipmex’s Restructuring Plan Greenlighted by the Singapore High Court

Singapore’s lower division of the Supreme Court approved Zipmex’s pre-packaged plan to restructure some of its operations and thus enable customers to receive...

Zipmex Misses Buyout Payment

According to recent reports, the Singapore-based cryptocurrency exchange known as Zipmex has failed to make a payment totaling $1.25 million as required by the...

Zipmex buyer misses payment, could risk US$100 million buyout: Bloomberg

Zipmex cryptocurrency exchange’s US$100 million venture capital buyout may be in danger, after buyer V Ventures missed the US$1.25 million payment due on March...

Bitcoin Market: The Story of the World’s First Cryptocurrency Exchange

Today marks thirteen years since the first cryptocurrency exchange platform, Bitcoin Market, was released on March 17, 2010. This marked a major milestone in...

How Silvergate Bank is Impacting Crypto

1. Bitcoin Daily Active Addresses Our thesis: Cryptocurrencies are like companies and active addresses are like customers, similar to active users of Facebook or active...

Babel Finance Files for Moratorium, Works on New Stablecoin to Repay US$766M Loss

Hong Kong-based crypto lender Babel Finance has filed applications in the Singapore High Court to buy more time from its creditors for up to...

Babel Finance explores new restructuring opportunities with DeFi project

Babel Finance, one of many cryptocurrency lending firms that suffered losses during the cryptocurrency winter of 2022, is exploring new restructuring opportunities to pay...

Babel Finance Proposes Launching New Stablecoin To Repay Debtors

9 seconds ago | 2 mins read Defi News Babel co-founder Yang Zhou is...

Babel Finance Mulls New Token Launch to Repay Creditors

Babel Finance, the Hong Kong-based crypto lending platform, plans to introduce a decentralized stablecoin that will be used to repay the firm’s creditors, according...

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