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Babel Pitches ‘Recovery Coin’ to Repay Creditors After $766 Million Loss
Bloomberg via Yahoo Finance· 1 year ago(Bloomberg) -- A top executive at Babel Finance is betting a new stablecoin can resolve the troubled...
Babel Finance Mulls New Token Launch to Repay Creditors
Decrypt Media via Yahoo Finance· 1 year agoBabel Finance, the Hong Kong-based crypto lending platform, plans to introduce a decentralized...
Crypto asset manager Babel Finance reaches $2B valuation
TechCrunch· 2 years agoDespite recent swings in cryptocurrency values, many institutional investors appear undeterred. The...
Crypto Lender Babel Finance Lands Unicorn Status With $80M Series B
CoinDesk via Yahoo Finance· 2 years agoBabel Finance reached unicorn status after raising $80 million in a funding round that valued the...
Crypto lender Babel Finance valued at $2 billion after latest fundraising
Reuters via Yahoo Finance· 2 years agoInvestors who participated in the Series B financing round include Jeneration Capital, Circle...
Babel Finance Suspends Withdrawals, Citing 'Unusual Liquidity Pressures'
CoinDesk via Yahoo Finance· 2 years agoCrypto lender Babel Finance is the latest company to freeze withdrawals following speculation about...
Founder of troubled crypto asset unicorn Babel launches new DeFi project, stablecoin
TechCrunch· 1 year agoFlex Yang, the former CEO and founder of Babel Finance, is leading efforts to restructure the now...
Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report
CoinDesk via Yahoo Finance· 1 year agoHong Kong-based crypto lender Babel Finance is planning on issuing a crypto-backed stablecoin in...
Babel Finance says liquidity pressure eased with new debt agreements
Forkast News via Yahoo Finance· 2 years agoHong Kong-based Babel Finance announced on Monday it has reached “preliminary agreements” on debt...
Lender Babel Finance Lost $280M Trading Customer Funds: Report
CoinDesk via Yahoo Finance· 2 years agoBabel Finance, the Hong Kong crypto lender that suspended withdrawals last month amid "liquidity...