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Nalezeno "Liquidation": 444

Blockchain Firm LBRY Ceases Operations, Cites Insurmountable Debt


Blockchain file-sharing and payment network, LBRY, announced the termination of its operations, citing "several million dollars" in debts owed to the SEC, its legal team, and a private debtor.... Read More: Blockchain Firm LBRY Ceases Operations, Cites Insurmountable Debt

Expect crypto and altcoin selling pressure amid FTX liquidation


FTX is bankrupt and has received approval from the court to sell its crypto holdings. These are worth approximately $3.4 billion. The assumption is that it will cause selling pressure on the crypto community at a time when every token is eyeing a recovery from its past losses. For instance, BTC...

Loan backed by ZRX is closer to liquidation


ZRX could drop sharply, and if that happens, then the governance token of the protocol is likely to result in bad debt. This comes to light as the lending market has been frozen since November 2022. Aave v2 reportedly hosts a wallet with $2.5 million in outstanding debt. This is against $8 million...

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