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Contagion: Genesis faces huge losses, BlockFi’s $1B loan, Celsius’s risky model

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A leaked investor call from Morgan Creek Digital suggests BlockFi liquidated 3AC for $1 billion, while Celsius reportedly maintained a highly risky assets-to-equity ratio last year that may have caused its recent liquidity woes.

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Coin Market

Most Americans polled oppose betting on elections: Reuters

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The prediction market industry enables people to bet on US ‌elections and sporting events.

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Coin Market

Cysic crypto bridge halted after unauthorized mint of 10M CYS

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Cysic said the incident was limited to bridge message processing and minting and did not affect the mainnet or other operational systems.

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Coin Market

Chinese suspect in $75M international crime network arrested in Bangkok

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Police alleged the suspect was involved in cryptocurrency and foreign-currency exchanges for criminal groups across more than 133 accounts.

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