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Crypto Lender's Woes Spark Dash by Rivals to Soothe Nerves.

Authors :
Nicolle, Emily
Source :
Bloomberg.com; 6/13/2022, pN.PAG-N.PAG, 1p
Publication Year :
2022

Abstract

BlockFi, Nexo, Tron and Tether were among those who took to Twitter in the hours after Celsius's announcement, which accelerated a crypto rout that erased more than $100 billion of market value. (Bloomberg) -- Crypto lender Celsius Network Ltd.'s shock announcement that it's freezing withdrawals sparked a rush by companies in the digital-assets sector to reassure markets about the health of their operations. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
157407658