Posted inBlockchainCrypto-financial Lender Babel Finance Secures $80m in Series B Funding, Valuated up to $2BnApril 17, 2024Hong Kong-based crypto-financial lender Babel Finance has raised $80 million in Series B funding at…
Posted inBlockchainBabel Finance Halts Withdrawals as Crypto Market PlungesApril 17, 2024Babel Finance, a cryptocurrency lending firm based in Hong Kong, on Friday, announced that it…
Posted inBlockchainBabel Finance Reaches Agreement on Modalities for Repayment of its LoansApril 17, 2024Following the halt of its withdrawals amidst its inability to pay its creditors as the…
Posted inBlockchainTop Executives Quit as Babel Finance Sees Financial WoesApril 17, 2024Troubled crypto lending firm Babel Finance is continuing to face further woes as multiple top…
Posted inBlockchainBabel Finance to Hire Restructuring Specialist Houlihan Lokey: SourcesApril 17, 2024Babel Finance, a Hong Kong Bitcoin financial services company offering lending and asset management services,…
Posted inBlockchainZipmexX Suspends Withdrawals, Citing Celsius and Babel Risk ExposureApril 17, 2024Asia's leading digital asset exchange ZipmexX has suspended users' cryptocurrency withdrawals, citing the move as…
Posted inBlockchainIn Talks with "Interested Parties" for Bailout, Says ZipmexApril 17, 2024Zipmex, a cryptocurrency trading platform, is looking ahead as it has confirmed that it is…
Posted inBlockchainZipmex Files for Bankruptcy Protection, Seeking Moratoriums from Third Party CreditorsApril 17, 2024Singapore-based crypto trading platform Zipmex has halted some of its core activities in response to…
Posted inBlockchainBabel Finance explores new restructuring opportunities with DeFi projectApril 16, 2024Babel Finance, one of many cryptocurrency lending firms that suffered losses during the cryptocurrency winter…