Ukraine has already leveraged crypto and blockchain to finance its defense against Russia’s invasion, raising over $135 million in crypto from donors around the world by mid-May, analytics firm Crystal Blockchain.
Bitcoin has lost around 65% of its value since November 2021 when it touched $69k mark.
The combined market capitalization of cryptos has fallen to $969 billion, according to data from Coinmarketcap, a drop of about 200% from the market’s all-time high market capitalization of about $3 trillion, seen last November.
The crypto lending firm has put together a formal Letter of Intent to acquire the remaining qualifying assets, mainly collateralized loan receivables secured by corresponding collateral assets, brand assets, and the customer database of the business.
