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Cryptopolitan

2022-12-28 16:09:36

Midas investments to cease operations after a $63M loss

Midas investments to cease operations after a $63M loss

Midas Investments becomes the latest victim to succumb to liquidity pressure caused by the 2022 bear market. The platform, established in 2018, provided passive income streams to cryptocurrency investors. The platform leveraged Decentralized Finance (DeFi) strategies to provide customers with interest rates higher than their CeFi counterparties. According to the platform’s webpage, the firm had … Midas investments to cease operations after a $63M loss Read More »

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