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Cycles Eyes Sustainable Crypto Credit After 2022 Liquidity Crisis

Summary by Cointelegraph

Cycles launches decentralized clearing protocol to revive crypto credit markets still reeling from the 2022 crisis that collapsed firms like FTX and BlockFi.

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MaxBit

Cycles eyes sustainable crypto credit after 2022 liquidity crisis – MAXBIT

“The panic of ‘22 showed that much like in TradFi, liquidity and solvency are intimately bound up with each other,” said Cycles’ Ethan Buckman. The fallout from the 2022 crypto bear market still reverberates across the industry, with unsecured credit conditions not fully recovered from the panic crash that engulfed lenders like BlockFi, Celsius, Voyager...

1 day ago

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Cointelegraph

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Cycles eyes sustainable crypto credit after 2022 liquidity crisis

Cycles launches decentralized clearing protocol to revive crypto credit markets still reeling from the 2022 crisis that collapsed firms like FTX and BlockFi.

1 day ago

Read Full Article

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