Ethereum World News
2022-07-20 19:42:25

Coinbase Distances Itself from Three Arrows Capital, Celsius, and Voyager, Says it Has no Exposure

Summary: Coinbase has stated that it has no financial exposure to Three Arrows Capital, Celsius Network, Voyager Digital, or any crypto company that has collapsed in the last few months. Coinbase points out that these crypto firms’ issues were ‘foreseeable’ as they were overleveraged. The crypto exchange has pointed out that it ‘stress tests its exposures’ through Monte Carlo Simulations. The San-Francisco-based crypto exchange known as Coinbase has stated that it had no financial exposure to Three Arrows Capital, Celsius […]

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