crisis

Crypto lending platform Hodlnaut suspends services due to liquidity crisis

Singapore-based crypto lending platform Hodlnaut has become the latest firm to suspend withdrawals, and deposits blaming market conditions and lack of liquidity. The crypto lending firm made an official announcement on Aug. 8, claiming that market conditions have forced it to suspend its services and that it is actively working on recovery plans.  Dear users, …

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Chilenos recurren a stablecoins para proteger sus ingresos en medio de una crisis económica

Buda.com, uno de los primeros exchanges en lanzarse en Chile, en 2015, también ha registrado un creciente interés por las stablecoins. La dominancia de las criptomonedas estables en su plataforma subió de 11% en junio a 20% en julio. USDC, que fue agregada a la plataforma hace menos de un año, es la tercera criptomoneda …

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Lending Platform Vires.Finance Gets Go-Ahead to Implement Repayment Plan Amid Liquidity Crisis

“Amid the ongoing crypto winter, it is essential to remember and highlight the core values of decentralization, immutability, freedom from institutional greed, and inclusivity that underpin the blockchain sector,” Ivanov said in a press release. “Unlike other platforms, Vires.Finance and Waves keep weathering this storm – largely thanks to the loyal and decisive community that …

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Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity

Bitcoin mining involves a delicate balance between multiple moving parts. Miners already have to face capital and operational costs, unexpected repairs, product shipping delays and unexpected regulation that can vary from country to country — and in the case of the United States, from state to state. On top of that, they also had to …

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