Palmer Legals Reaching Your Expectation

Advertisements The founder of the stablecoin lending and borrowing protocol Curve Finance, Michael Egorov, is seeing his position liquidated. He had over 111 million CRV tokens in collateral and $20 million in debt over four DeFi platforms, reported Lookonchain on June 13. As the price of CRV fell, other positions went underwater, causing a cascade of liquidations. The #Curvefi founder(Michale …

Advertisements PayProtocol AG, the issuer of Paycoin, announced plans to terminate its virtual asset custody service for the Paycoin app in South Korea.  This decision stems from challenges in the domestic regulatory environment, which have prevented PCI’s payment services from resuming since February 2023. The company has decided not to renew its Virtual Asset Service Provider registration when it expires …

Advertisements Revolut X, a stand-alone crypto exchange launched by neobank Revolut, is now available for customers across 30 new European countries. London-based fintech giant Revolut is expanding its standalone crypto exchange Revolut X across dozens of new countries in the European Economic Area in a bid to broaden its reach in the crypto space. In a Nov. 13 press release …