$87,405.00
0.18%$2,026.66
-1.18%$2.37
-3.06%$627.16
-0.43%$139.04
-2.15%$0.999877
-0.00%$0.197527
3.47%$0.738304
-0.82%$0.232223
1.34%$2,024.90
-1.27%$87,330.00
0.30%$15.62
0.93%$3.76
3.94%$22.05
-2.37%$9.77
0.05%$0.292195
-1.50%$2,430.67
-1.08%$0.00001446
-0.88%$2.68
8.14%$1.00
-0.02%$0.195219
0.32%$4.71
2.25%$93.80
-0.31%$338.28
1.82%$6.62
-0.71%$5.07
1.59%$2,025.90
-1.23%$0.838463
-0.23%$0.999052
-0.01%$1.001
0.08%$14.47
-6.95%$2,153.88
-1.21%$29.06
-0.37%$223.48
-0.15%$6.81
-1.61%$6.06
3.26%$3.05
1.18%$0.00000859
4.39%$1.044
0.03%$50.15
-0.76%$6.12
-0.40%$23.76
-0.96%$0.922026
-1.43%$36.05
2.55%$1.16
0.07%$0.844847
-0.09%$87,446.00
0.16%$183.43
0.06%$18.25
-0.26%$0.100594
-2.64%$0.99862
-0.02%$11.62
0.98%$0.0265397
-0.64%$0.429531
3.83%$265.51
-1.40%$4.91
2.67%$3.69
2.02%$0.241614
2.37%$3.99
-1.94%$3.07
-1.37%$0.076418
-1.02%$0.617154
0.95%$1.00
0.00%$87,737.00
0.52%$0.213337
1.56%$0.388921
-0.71%$4.02
-0.17%$1.00
0.02%$0.549613
-1.34%$5.77
-8.75%$0.913818
1.54%$0.558392
-0.16%$11.35
0.48%$87,295.00
0.05%$1,471.41
12.93%$2,027.46
-1.22%$0.50067
-9.56%$2,107.62
-1.21%$0.660799
-2.55%$1.17
1.52%$0.966985
2.98%$0.752861
2.47%$77.54
-1.48%$0.071414
-2.24%$145.06
-2.16%$0.00001405
-1.35%$10.63
-0.07%$0.212432
0.39%$0.998959
-0.01%$0.107052
2.32%$17.80
2.90%$1.015
2.02%$2,297.03
-1.03%$0.997941
0.01%$1.052
0.08%$0.01470345
-0.29%$0.584266
1.01%$8.17
3.43%$86,708.00
0.29%$0.0188445
2.09%$1.00
0.00%$2,151.77
-1.15%$627.80
-0.38%$0.590945
11.71%$0.315174
2.15%$0.999834
-0.01%$0.736613
2.08%$3,038.52
0.25%$1.001
0.01%$2.40
-0.87%$0.2006
-0.83%$35.63
1.14%$0.00000072
-0.10%$87,275.00
0.38%$0.00007189
5.71%$2.34
-5.50%$177.83
-2.27%$0.428931
0.39%$3,039.34
0.53%$0.111611
1.47%$0.00109838
14.21%$0.173259
0.39%$0.01296148
3.66%$1.001
0.00%$2,108.48
-1.23%$38.76
5.65%$3.36
0.52%$18.18
0.99%$2.05
1.72%$152.21
-2.23%$0.761205
1.24%$8.19
3.25%$0.576609
0.12%$0.61373
-1.82%$0.00609498
-5.15%$3.46
-2.04%$0.552685
0.92%$0.999242
-0.06%$7.75
-1.85%$19.23
-0.56%$0.28575
1.30%$0.01007052
10.83%$0.99994
0.12%$0.476599
-3.05%$0.07387
0.07%$0.197642
3.61%$86,119.00
1.11%$87,457.00
0.12%$7.56
2.11%$0.998291
-0.17%$0.760736
-4.87%$0.179888
0.72%$0.793601
-1.52%$2,150.98
-1.25%$2.98
4.23%$0.095002
1.27%$1.00
0.04%$2,025.36
-1.28%$0.04840373
0.37%$0.566342
0.55%$0.0000228
-0.41%$1.29
3.39%$0.446213
-1.25%$0.00703134
-0.92%$2,028.38
-1.11%$0.00779335
-2.56%$87,298.00
-1.11%$0.00000044
1.08%$1.57
-1.55%$2,025.94
-1.26%$0.521328
-1.74%$0.241358
2.13%$25.61
-2.03%$110.46
0.01%$45.44
2.66%$0.999801
-0.12%$1.081
-0.02%$0.431129
-1.16%$0.935305
1.88%$87,355.00
0.35%$1.096
0.94%$2,113.04
-1.34%$0.03860928
1.94%$0.00006713
1.46%$2,021.63
-1.39%$0.183247
-5.39%$1.54
7.14%$0.01096637
-0.41%$0.00000178
-11.78%$2,018.09
-2.79%$3.19
8.09%$0.00422347
-0.19%$86,761.00
0.19%$0.999085
-0.02%$1.41
0.05%$0.28188
0.35%$131.20
0.04%$1.00
0.00%$0.999041
0.02%$0.283651
0.49%$1.003
-0.60%$2,006.77
-1.40%$4.03
-1.84%$0.924069
1.23%$1.29
-3.01%$0.714075
11.77%$0.03126204
1.34%$2,027.29
-1.21%$0.104361
5.08%$18.37
1.24%$0.216354
0.09%$24.32
0.39%$1.20
1.61%$0.079313
-1.23%$87,843.00
1.04%$0.528468
13.66%$1.39
-6.14%$0.289075
-0.70%$2,217.39
-1.21%$2,141.33
-1.03%$2.99
-2.50%$87,336.00
0.07%$0.04052956
0.41%$0.03537552
-1.37%$0.00272403
1.17%$0.00373501
2.29%$0.38261
14.69%$0.603997
2.71%$0.119317
1.14%$2,197.07
-1.31%$0.130306
0.88%$0.999944
-0.13%$0.52994
0.11%$0.00570573
3.24%$0.262822
-6.71%$0.03413176
-1.03%$2,027.72
-1.10%$0.76107
1.27%$0.01296653
-1.04%$3,033.42
0.65%$0.00276846
-1.95%$0.245637
-8.60%$1,755.06
0.19%$0.00275249
12.18%$0.625655
-0.66%$0.245795
1.84%$0.279157
0.11%$2.23
0.53%Reading
Crypto lending platform SALT said it is halting withdrawals today, the latest firm to do so amid the FTX-sparked contagion sweeping across the cryptocurrency landscape.
"The collapse of FTX has impacted our business," SALT CEO Shawn Owen said in a message sent to consumers. "Until we are able to determine the extent of this impact with specific details that we feel confident are factually accurate, we have paused deposits and withdrawals on the SALT platform effective immediately."
Salt Lending has admitted exposure to FTX & has paused deposits & withdrawals effective immediately. 👀 pic.twitter.com/PZ5Zar41ft
— Tiffany Fong (@TiffanyFong_) November 15, 2022
SALT Lending launched in early 2018, allowing cryptocurrency owners to take out a loan using their crypto as collateral. That way, users can receive a cash loan without selling their crypto holdings.
In September 2020, SALT Lending was charged by the Securities and Exchange Commission with selling an unregistered security and ordered to repay the $47 million it raised in a 2017 ICO.
In less than a week, one of the largest and most trusted crypto exchanges went up in flames, along with its crypto celebrity founder and CEO Sam Bankman-Fried. Dan Roberts, Stacy Elliott, and Kate Irwin from the gm podcast walk you through exactly how it happened, what it means for you, their own takes on the most interesting subplots, and what we can learn from it all. Plus: We review some comments SBF and CZ made on this podcast that look remarkable in hindsight. Watch and make sure to subscribe to the gm podcast on Apple or Spotify.
Owen said the firm is working diligently with its partners to secure a clear path forward and plans to be as transparent as possible.
"In both secured and unsecured lending, transparency is paramount," Owens told Crowdfund Insider last month. "Without a clear idea of assets and liabilities, borrowers and lenders alike can't properly assess counterparty risk, which is a major decision driver for deploying capital into money markets."
Salt lending goes bust.
If you currently have money on a lending platform or “earn” platform, GET IT OFF. pic.twitter.com/eOIGG8yTrO
— Coffeezilla (@coffeebreak_YT) November 15, 2022
In its letter to customers, SALT said it would recognize on-chain deposits but strongly advised against depositing more funds to customer accounts until the firm can assure them of its future plans.
Since filing for Chapter 11 bankruptcy protection on November 11th, several organizations in and outside of crypto have acknowledged exposure to FTX, including $95 million from the Ontario [Canada] Teacher Pension Fund.
Decrypt reached out to SALT for comment but has yet to receive a response.
Video game retailer GameStop said on Wednesday that it plans to offer up to $1.3 billion worth of convertible senior notes to investors, taking a page straight out of Strategy's Bitcoin-buying playbook. The Texas-based firm said in a press release that proceeds from the sale will be used for "general corporate purposes, including the acquisition of Bitcoin." The announcement comes one day after GameStop said it could purchase Bitcoin as a treasury reserve asset following an update to the company...
Fidelity Digital Assets is actively testing a stablecoin it has developed, a source with direct knowledge of the matter told Decrypt. The crypto-focused arm of Fidelity Investments, a $5 trillion asset manager, does not yet have plans to bring the token to market, the source said. The Financial Times first reported on the Boston-based firm's stablecoin experiment. The firm's testing of its own stablecoin comes as it also explores the tokenized U.S. Treasury market. A few days ago, Fidelity filed...
Cboe has submitted a filing to the U.S. Securities and Exchange Commission that would allow the exchange to list shares of a Fidelity exchange-traded fund tracking the price of Solana. The19b-4 form, filed Tuesday, is a major step in the SEC’s approval process, although Fidelity must still file an S-1 registration statement describing the product. The filing comes just days after Fidelity registered a Delaware Trust entity for its Solana fund, which would be based on the performance of the six...
