El Salvador Finance Chief Says USD 800M Debt Default Won’t Happen, Bukele Says BTC Is ‘Inevitable’
Alejandro Zelaya. Source: a video screenshot, Ministerio de Hacienda / YouTubeEl Salvador’s finance minister says he is unworried by international markets forecasters’ predictions that the country will default on USD 800 million bond payments early next year.ElSalvador.com, the website of the newspaper El Diario de Hoy, quoted minister Alejandro Zelaya as stating that
Babel Finance to Repay ‘Some Debts’ and ‘Ease Its Short-term Liquidity Pressure’
Source: Adobe/tieroCrypto-financial services provider Babel Finance claims to have reached certain “preliminary agreements” with “major” and “relevant” players on the repayment period of “some debts” – easing its short-term liquidity pressure.Per today’s notice by the company,“We have communicated with major counterparties and relevant customers, and reached preliminary agreements on the repayment period of
Babel Finance Pauses Withdrawals After Celsius; Amber Group Clarifies Position
Crypto financial service provider Babel Finance has halted withdrawals and redemptions amid a market slump, soon after Celsius did the same, citing ‘liquidity pressure’ In a recent release, the Hong Kong-based crypto lender has stated that due to the ‘condition of the current crypto market, its fluctuations, and conductive risk factors faced by some institutions,’
Bolide Finance Launches Lucrative Staking and Farming Features
Bolide Finance, a Decentralized Finance (DeFi) platform that lets users earn a passive income on their crypto assets by investing in investment strategies, has announced the launch of its new staking and farming options. In the last quarter of the year, over 81 million people opened unique crypto wallets on the blockchain, a 72%
G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation
The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and UST. G7 Countries Calling for Swift, Comprehensive Regulation of Crypto Assets The finance ministers and central bank governors from the
Decentralized Finance Crypto Exchange Uniswap Starts Blocking Addresses Linked To ‘Blocked Activities’
Uniswap, one of the main decentralized finance exchanges in the cryptocurrency world, is now taking measures to ensure illegal funds cannot be transacted using its platform. The company has already started blocking addresses linked to “blocked activities” and will apply a filter with data provided by TRM Labs, a blockchain analysis firm that
Alpha Finance Lab Launches Alpha Venture DAO
[Bangkok, March 31st, 2022] – Alpha Finance Lab is launching Alpha Venture DAO, a Builders’ DAO, where builders and Web3 users meet to build and incubate cutting-edge Web3 innovation. Builders will receive support and mentorship from Terraform Labs, which is a partner of Alpha Venture DAO, and Alpha Network, a group of more
Convex Finance Forced to Redeploy Smart Contract Due to Vulnerability
Convex Finance was forced to unlock its vote locked CVX tokens after getting to know of a bug in the smart contract. According to the team, this was a non-critical bug that didn’t affect users’ funds in any way. The bug in question made it possible for “expired locks to relock directly to a