Crypto News Roundup for Nov. 11, 2021
Markets Daily Crypto Roundup
With bitcoin and ether taking a breather, plus a look at the better ways to participate in the bitcoin movement, CoinDesk’s Markets Daily is back with the latest news roundup.
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Travala.com Adds Agoda Hotels, Posts Record July Revenue as Crypto Payments Soar
Aug 3, 2020 at 17:39 UTCUpdated Aug 3, 2020 at 17:56 UTCTravala.com on Monday entered a partnership with Booking Holdings subsidiary Agoda in the cryptocurrency-focused travel agency’s latest tie-up with its mainstream industry counterparts. Agoda's 600,000 hotels are now bookable on Travala.com, on which users can pay for their vacations in up to 30 different…
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Nexo in Court With a Co-Founder Over $12M in Missing Assets
Troubled crypto trading platform Nexo is fighting in a U.K. court with a co-founder over $12 million in missing assets, CoinDesk learned from a court document recently shared with us. It sheds light on previously unknown details of interactions between Nexo’s founders.According to the court judgment by the London’s High Court on June 27, Nexo…
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Crypto Traders’ Lawsuit Claims Bitfinex, Tether Cost Market Over $1 Trillion
news A new lawsuit claims crypto exchange Bitfinex and its sister company Tether manipulated the crypto market, harming traders and benefiting themselves. Bitfinex and a number of affiliated entities engaged in deceptive, anti-competitive and market-manipulating practices, resulting in economic damages for the plaintiffs, according to a lawsuit filed Sunday in New York. Notably, the plaintiffs,…
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DeFi Platform Term Finance Brings Fixed Rate Lending to Ethereum
Term Finance protects borrowers from DeFi’s variable rate loans which can fluctuate wildly during crypto’s recurrent liquidity events.A weekly auction model means borrowers and lenders will never borrow at more than their predetermined max interest rate or lend below their minimum rate.Term Finance, a decentralized finance (DeFi) protocol that offers short term, fixed interest rate…
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10 Metrics Where Bitcoin Has Already Hit New All-Time Highs
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Crypto Exchange Zipmex’s Restructuring Plan Approved by Singapore Court
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Why Crypto Winter Won’t Be 2019’s Defining Story
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Institutional Bitcoin Shop NYDIG Raises $150M for Twin Crypto Funds
Dec 2, 2020 at 5:01 a.m. UTCInstitutional investors are powering this year's bitcoin bull run.(Shutterstock)Institutional Bitcoin Shop NYDIG Raises $150M for Twin Crypto FundsNew York Digital Investments Group (NYDIG) raised $150 million for two new funds to invest in cryptocurrencies, a move that underscores the one-stop crypto shop’s skyrocketing clout on the institutional bitcoin scene.As…