Nexo had offered rival BlockFi an $850 million deal in July when the latter firm was struggling financially and had signed a non-final deal with FTX, according to a proposal document obtained by The Block.
Never giving up
steady lads
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Prominent Crypto Market Maker B2C2 Offers to Buy Loans From Genesis' Crypto-Lending UnitMarket maker B2C2 is offering to buy loans from the crypto-lending unit of Genesis, as it pauses redemptions and new loan originations in the wake of FTX’s collapse. Genesis is a sister company of CoinDesk. B2C2 founder Max Boonen discusses the offer, lessons learned, and outlook for the crypto markets as the FTX fallout continues to ripple across the industry. B2C2Group maxboonen GenesisTrading Eventually the scams will just magically stop. We just have to keep pumping in more and more money into the system! B2C2Group maxboonen GenesisTrading I like the idea of private solutions instead of regulation, what is the criteria consumers should use for evaluating which private solution is best / less risky
Source: CoinDesk - 🏆 291. / 63 Read more »