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Культовый журнал о биткоине, технологии блокчейн и цифровой экономике. forklog hub Площадка для общения криптосообщества. Соединяем компании и пользователей.

#Babel Finance

Bloomberg: Babel Finance to issue a stablecoin to settle debts
ForkLog 8 06.03.2023

Bloomberg: Babel Finance to issue a stablecoin to settle debts

The crypto-financial-services provider Babel Finance plans to issue a stablecoin to settle debts with creditors. Bloomberg reports this.
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Babel Finance loses over $280 million trading client funds
ForkLog 8 29.07.2022

Babel Finance loses over $280 million trading client funds

The crypto-financial services provider Babel Finance reported losses exceeding $280 million as a result of ill-advised trading decisions with client funds. The figures are presented in the restructuring proposal, The Block reports.
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Babel Finance hires Kirkland & Ellis for restructuring; Celsius Network and Voyager Digital also turn to the firm
ForkLog 7 19.07.2022

Babel Finance hires Kirkland & Ellis for restructuring; Celsius Network and Voyager Digital also turn to the firm

One of Asia's largest crypto lenders, Babel Finance has engaged the law firm Kirkland & Ellis for restructuring advice, Bloomberg reports citing its own sources.
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Media reports Babel Finance in talks with restructuring specialists
ForkLog 6 01.07.2022

Media reports Babel Finance in talks with restructuring specialists

One of Asia's largest crypto lenders, Babel Finance, is discussing a potential collaboration with the American firm Houlihan Lokey, which specializes in financial restructurings, CoinDesk reports citing sources.
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One of Asia's largest crypto lenders Babel Finance agrees to repay part of its debts
ForkLog 9 20.06.2022

One of Asia’s largest crypto lenders Babel Finance agrees to repay part of its debts

A crypto-financial services provider Babel Finance reached "preliminary agreements" with major counterparties "on the repayment terms of some debts".
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Babel Finance, one of Asia’s largest crypto lenders, suspends withdrawals and payments
ForkLog 11 17.06.2022

Babel Finance, one of Asia’s largest crypto lenders, suspends withdrawals and payments

The crypto-finance provider Babel Finance said it was suspending payments and withdrawals from its own products due to liquidity shortages. This was reported on the site.
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