Yield App Suspends Operations Ahead of Liquidation

Share This Post

Yield App Suspends Operations Ahead of LiquidationYield App, a platform for earning interest, buying, and swapping cryptocurrencies, announced on social media platform X Friday the suspension of all activities in preparation for liquidation proceedings. The Seychelles-based company halted operations due to significant portfolio losses from third-party hedge fund managers on the failed cryptocurrency exchange FTX, which are currently under litigation. To […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Buckle Up: Here Is Why Bitcoin Might Just Be Gearing Up For a 200% Surge

Amid the current Bitcoin market performance suggesting signs of a rebound, prominent crypto analyst Wise Advice has highlighted a critical indicator in Bitcoin’s trading pattern Bollinger

Paypal Ventures-Backed Mesh Partners With Conio to Launch Open Banking Solutions for Bitcoin in Europe

Mesh, a US fintech company backed by Paypal Ventures, has partnered with Italian digital asset wallet Conio to enhance cryptocurrency exchange access for Conio’s 430,000 customers This

Binance ‘Confident’ In Legal Battle Against SEC: Judge Rejects Main Claims

Binance US is preparing for a legal battle against the Securities and Exchange Commission (SEC) after the District Court for the District of Columbia determined the SEC’s lawsuit would continue The

Bitcoin long liquidation dominance hits 70% in June amid 2024 market volatility

On-chain Highlights DEFINITION: The percentage of long liquidations out of all liquidations in a given timeframe, ie, long liquidations / (long liquidations + short liquidations) In percentage terms,

SEC, Fed Charge Silvergate for Misleading Investors, Failing to Monitor $1 Trillion in Transactions

The US Securities and Exchange Commission (SEC), the Federal Reserve Board (FRB), and the California Department of Financial Protection and Innovation (DFPI) have taken action against Silvergate

XRP Price Attempts Bullish Decoupling Amid Major Developments

The XRP price continues to remain suppressed under the heat of the Ripple vs the United States Securities and Exchange Commission (SEC) legal battle This suppressed price action has continued to