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The latest development emanates after the CEO of the cryptocurrency exchange, Sam Bankman-Fried, said he's working on emergency moves to raise funds
Soumen Datta 3 min read 
Over $250M in Bitcoin liquidations aid crypto capitulation as Bitcoin drops
Short liquidations hit a 3-month high as Bitcoin wipes out $356M in less than four hours
Celsius filed for a bidding proposal on Oct. 3 seeking the court's approval to sell its remaining assets.
Cross-chain swaps can now be routed through USDC and transferred via CCTP to a new chain without the need for a traditional web3 bridge
The CryptoMortgage product will take investors' digital assets as collateral and provide them with 100% of the financing for properties in the U.S.
TrueFi is in discussion with Blockwater and its advisors to recover the remaining funds but will also engage in legal proceedings to ensure best outcome for shareholders.
The Zash team will be working with Nexo to provide clean, labeled, and indexed NFT data to feed its valuation and pricing models
EquitiesFirst has redeemed about $70 million of Celsius Collateral but owes approximately $439 million, consisting of $361 million in USD and 3,765 BTC.
