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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...
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...
Crypto lender Babel Finance wins debt repayment reprieve after withdrawal freeze
Reuters via Yahoo Finance· 2 years agoCryptocurrency valuations have plunged in recent weeks as investors dump risky assets in a rising...
Distressed Crypto Lender Babel Wins Reprieve on Debt Repayments
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- Most Read from BloombergElon Musk Says New Tesla Plants Are ‘Money Furnaces’ Losing...
Babel Finance suspends withdrawals as crypto markets slump
Reuters via Yahoo Finance· 2 years agoCryptocurrency valuations have plunged in recent weeks as investors dump risky assets in a rising...