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Ethereum World News 2022-06-19 16:30:21

Alameda Research lends Voyager Digital 200M USDC and 15k Bitcoin to Safeguard Customer Assets During the Bear Market

Key takeaways: Sam Bankman-Fried’s Alameda Research has lent Voyager digital 200 million USDC and 15k Bitcoin. The digital assets are meant to safeguard Voyager Digital’s customers’ assets during the current crypto market volatility. The term sheet between Alameda Research and Voyager Digital provides a revolving term of credit facilities expiring December 2024 with an annual interest rate of 5%. The ongoing crypto drawdown with Bitcoin dropping below the crucial $20k support level has devastatingly impacted crypto lending services providers such […]

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