Crypto Yield App Finblox Raises Withdrawal Limits After Three Arrows Capital Collapse
Crypto yield app Finblox has raised their withdrawal limits after restricting it following the implosion of Three Arrows Capital.
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Finblox
Cryptocryophobia (ang Takot sa Crypto Winter) – Cryptoday 086 – Tagalog
(Tagalog) Tinalakay ni Luis ang mga pangyayari sa Three Arrows Capital, Celsius, at Finblox.
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Bitcoin Price Crashes Below $20K, ETH Price Under $1K
Bitcoin price went down from $20,400 to $19,094 within 15 minutes between 2:30 pm to 2:45 pm in the Philippines.
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Finblox Imposes $1.5K Monthly Withdrawal Limit Amid 3AC’s Uncertainty
Finblox is the latest victim in the implosion of hedge fund Three Arrows Capital and the crypto crash.
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Finblox CEO on Financial Inclusion Through Crypto
Hoang emphasized that compared to the costly bank transfers that are time-consuming and prone to human error, the high degree of speed, privacy, and security involved when using crypto for transfers and remittances is far beneficial to its users overall.
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Finblox Closes Strategic $3.9M Seed Round to Democratize Wealth Building Through Crypto
The round has the participation of entities from both fintech and crypto-focused funds such as crypto-focused venture capital firm Dragonfly Capital, venture capital firm MSA Capital, cryptocurrency hedge fund Three Arrows Capital and others.
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Former Coins.ph Executives Back Crypto Startup Finblox
“Our vision is to help the next one billion people build their wealth with crypto,” Peter Hoang, Finblox chief executive, said in a statement.
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