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CoinLoan, one of the largest crypto lending platforms has changed its withdrawal limits temporarily. In an announcement published by the company on Monday, they claimed that CoinLoan is a crypto lending business that has faced a litany of challenges and is probably the only crypto lending company that was unaffected by the controversies of Luna/UST, stETH, Three Arrows Capital, and DeFi protocol issues. This is because of the strategies adopted by the company that could…

Celsius is one of the largest crypto lending platforms and it’s been around three weeks since Celsius Network LLC halted the withdrawals of its customers. Following this, most customer wonders whether they will get their money back. The company has frozen all the withdrawals after using a myriad of failed decentralized finance strategies. The Badger DAO attack cost the corporation $22 million and 38,000 ETH. Already, the cryptocurrency market has faced the last month’s LUNA…

Crypto.com one of the largest crypto earning platforms removed around 15 altcoins including most trending ones like Dogecoin, and Shiba Inu from its crypto earn program last Monday. The company announced that they are going to delist 15 altcoins from their crypto earn program and will be effective from 27 June 2022, 10:00 UTC. the crypto earn program offered by crypto.com offers up to 10% on all stablecoins and up to 14.5% on cryptocurrency deposits.…

According to JP Morgan Chase & Co., the current phase of crypto deleveraging is at an advanced stage and may not last much longer. In a report on Wednesday, JP Morgan said that the collapse of crypto hedge fund Three Arrows Capital (3AC) indicates that the ramifications of this year’s cryptocurrency market slump continue to reverberate. According to various reports, the digital asset market capitalization has faced around a 70% drop since last November. This…

While many crypto giants have announced payroll reductions, the billionaire in the crypto industry, Bankman Fried reversed the storm and has emerged as a hero of the time. The CEO of FTX, Bankman Fried is willing to spend billions of dollars to acquire US derivatives exchange LedgerX, Japanese crypto exchange Liquid, or developer. Sam Bankman – Fried, a 30-year-old billionaire and the founder of FTX warns that some crypto exchanges will soon fail after the…

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