Nexo claims “smear campaign” ignores its attempts to aid insolvent companies

CryptoSlate spoke to Nexo co-founder Antoni Trenchev regarding Nexo’s decision to increase insurance to $775 million, its moves to offer aid to struggling crypto firms, and the recent allegations claiming Nexo is in trouble. The post Nexo claims “smear campaign” ignores its attempts to aid insolvent companies appeared first on CryptoSlate.

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Alameda Ventures surrendered 4.5M shares in Voyager a week before it suspended trading

Alameda Research Ventures surrendered 4,500,000 shares to Voyager for cancellation on June 22, just eight days before Voyager announced it would suspend trading, deposits, and withdrawals on its platform. The post Alameda Ventures surrendered 4.5M shares in Voyager a week before it suspended trading appeared first on CryptoSlate.

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FTX gives BlockFi $400M credit facility; has buy option for up to $240 million

BlockFi’s CEO Zac Prince on July 1 announced a $400 million credit facility from FTX and the option to purchase the company in its entirety for up to $240 million depending on performance. The post FTX gives BlockFi $400M credit facility; has buy option for up to $240 million appeared first on CryptoSlate.

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