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‘Crypto Lender of Last Resort’ FTX Still Has Enough Cash to Deploy in Industry Bailouts
Sam Bankman-Fried, the chief executive of crypto exchange FTX, has stated that the Bahamas-based company still has enough capital to continue its backstopping activities in the crypto market to benefit the entire ecosystem. дальше »
2022-9-28 19:42 | |
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Celsius Network’s CEL Price Tanks 10% After CEO Alex Mashinsky Steps Down
CEO of embattled crypto lender Celsius Alex Mashinsky has resigned as the company’s CEO as it faces Chapter 11 bankruptcy in New York. The post Celsius Network’s CEL Price Tanks 10% After CEO Alex Mashinsky Steps Down appeared first on BeInCrypto. дальше »
2022-9-28 18:11 | |
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FTX Will Acquire Bankrupt Voyager Digital Assets for $1.4 Billion
Crypto billionaire Sam Bankman-Fried’s FTX exchange has won the auction for the assets of bankrupt digital assets lender Voyager Digital. The post FTX Will Acquire Bankrupt Voyager Digital Assets for $1.4 Billion appeared first on BeInCrypto. дальше »
2022-9-27 07:28 | |
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U.S. States Take Legal Actions Against Crypto Lender Nexo for Alleged Unlawful Operations
Several U.S. states, including California, New York, and South Carolina, could take legal action against Nexo, a cryptocurrency lender platform. California DFPI issues a Desist The state of California, through the Department of Financial Protection and Innovation (DFPI), gave an… дальше »
2022-9-27 06:00 | |
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California Hits Nexo With Cease & Desist Notice, Citing Investor Protection Issues
The California Department of Financial Protection (DFPI) has issued a cease and desist order against crypto lender Nexo Group for offering yield-bearing accounts. The post California Hits Nexo With Cease & Desist Notice, Citing Investor Protection Issues appeared first on BeInCrypto. дальше »
2022-9-27 00:53 | |
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New York, California among US states to bring enforcement actions against Nexo
Regulators across multiple US states have announced enforcement actions against crypto lender Nexo, with… The post New York, California among US states to bring enforcement actions against Nexo appeared first on CoinJournal. дальше »
2022-9-27 23:31 | |
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Celsius has temperatures rising as parties claim priority over lost equity
A new faction of creditors have emerged in the Celsius [CEL] bankruptcy saga. Shareholders or investors with equity in the crypto lender have staked their claim for the bankruptcy payouts. FurthermoreThe post Celsius has temperatures rising as parties claim priority over lost equity appeared first on AMBCrypto. дальше »
2022-9-24 17:00 | |
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Singapore’s DBS Bank Expands Its Crypto Trading Service for Wealthy Investors
DBS Bank, the largest lender in Singapore, has announced that in addition to its Bitcoin (BTC) trading product for accredited investors, its wealth clients will now be able to trade Ether, XRP, and Bitcoin Cash directly on its members-only… дальше »
2022-9-23 16:21 | |
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Celsius Update: Troubled Crypto Lender Finally Releases Periodic Report on Subsidiaries
After complaints from the U.S. Trustee, Celsius Network has finally filed an operating report showing a detailed breakdown of the revenues and expenses of business entities with a substantial or controlling interest. Delays in Filing Report Show a Lack of… дальше »
2022-9-23 19:00 | |
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Bankrupt lender Voyager gets top bids by these heavyweights
According to those with knowledge of the situation, FTX and Binance have offered the highest offers for the assets of defunct cryptocurrency lender Voyager Digital Ltd., VYGVQ -5.89%, but neither offeThe post Bankrupt lender Voyager gets top bids by these heavyweights appeared first on AMBCrypto. дальше »
2022-9-22 00:00 | |
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Everything about Voyager seeking repayment of $200m loan to Alameda
Court filings made by Voyager Digital indicate that the bankrupt crypto lender is seeking to unwind a loan of $200 million that was extended to Alameda Research, Sam Bankman-Fried’s quantitative cryThe post Everything about Voyager seeking repayment of $200m loan to Alameda appeared first on AMBCrypto. дальше »
2022-9-20 15:30 | |
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Cornered Crypto Lender Celsius Seeks Permission To Sell Its $23 Million Stablecoin Stash
Bankrupt crypto lending company Celsius has requested the court for authorization to sell its stablecoin holdings. The sale of the stablecoins will generate liquidity to finance the crypto lender’s daily operations but won’t be used to repay creditors. дальше »
2022-9-17 00:12 | |
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Crypto Lender Voyager’s Bankruptcy Auction Begins
Crypto lender Voyager Digital Ltd. , which is at present bankrupt, has begun its auction in New York. The venue for the auction is at the midtown office of investment bank Moelis. The auction can stretch beyond Tuesday. дальше »
2022-9-16 07:00 | |
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Celsius’s CEO plotting a pivot to custody services- Details inside
Alex Mashinsky, CEO of bankrupt crypto lender Celsius, has outlined a plan to pivot his company’s operations from lending services to custody services. The pitch was reportedly made during an iThe post Celsius’s CEO plotting a pivot to custody services- Details inside appeared first on AMBCrypto. дальше »
2022-9-14 23:00 | |
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Celsius CEO Floats Daring Plan to Resurrect the Floundering Company
Celsius: Under the new plan, the lender would pivot to storing customers’ crypto in a special wallet and levying charges for transactions. The post Celsius CEO Floats Daring Plan to Resurrect the Floundering Company appeared first on BeInCrypto. дальше »
2022-9-14 01:04 | |
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Hodlnaut Judicial Managers Weigh Unwinding Crypto Lender's Assets Before Ethereum Merge
The interim judicial managers of Hodlnaut, a Singapore-based crypto lender that froze withdrawals in August, have said that the upcoming upgrade to Ethereum, the Merge, poses a risk to the company's distressed assets. дальше »
2022-9-12 12:28 | |
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Algorand Foundation Discloses $35M Exposure in Hodlnaut
Algorand Foundation has announced that it has a $35 million USDC exposure in troubled Singapore-based lender Holdnaut. The post Algorand Foundation Discloses $35M Exposure in Hodlnaut appeared first on BeInCrypto. дальше »
2022-9-12 20:30 | |
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Celsius, Creditors Agree to Independent Government Probe, Call for Narrowed Scope
The Official Committee of Unsecured Creditors joined other Celsius borrowers in opposing the U.S. Trustee's motion to appoint an independent examiner, though they did not oppose the appointment of any third party investigator to dig into the embattled crypto lender's financials. дальше »
2022-9-9 01:06 | |
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3 Senior Executives Jump From Crypto Lender BlockFi: Sources
BlockFi’s Global Head of Institutional Distribution David Olsson, Head of Private Clients Samia Bayou, and Senior Institutional Sales Director Shane O’Callaghan are leaving the company, according to people familiar with the matter. дальше »
2022-9-8 16:38 | |
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Nexo launches NEXO Pro for retail clients, will this affect the token’s price?
In the latest cryptocurrency news surrounding Nexo, the platform has now released Nexo Pro for traders. This is the latest move in a succession of forward steps for the Nexo team, who recently offered to buy-out Celsius, an insolvent competitor lender. дальше »
2022-9-8 13:28 | |
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Celsius Crypto Borrowers Call for Bankruptcy Trustee, Oppose US DOJ Move to Appoint Examiner
A bankruptcy court should appoint an independent examiner to investigate crypto lender Celsius’ financials, but not one working for the U.S. Trustee’s office, a group of Celsius borrowers said. дальше »
2022-9-8 13:06 | |
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Bankrupt crypto lender Voyager set to auction off its assets on Sept. 13
Bankrupt crypto lender Voyager is set to liquidate all its assets through an auction that is scheduled for September 13. The post Bankrupt crypto lender Voyager set to auction off its assets on Sept. 13 appeared first on CryptoSlate. дальше »
2022-9-7 22:31 | |
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Voyager Digital assets auction set for Sept. 13 after being rescheduled from August
The centralized crypto lender rejected an offer from FTX after it filed for Chapter 11 bankruptcy reorganization in July following 3AC's loan default and its debts topping $1 billion. дальше »
2022-9-8 21:45 | |
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Voyager Digital set for asset auction amid interest from crypto giants
Bids for bankrupt crypto lender Voyager Digital are in and the platform is set to have an asset auction on 13 September 2022, documents filed on Tuesday show. Voyager is one of the many crypto companies, as headlined across crypto news, that suffered a fatal blow as a result of the crypto winter and broader […] The post Voyager Digital set for asset auction amid interest from crypto giants appeared first on Invezz. дальше »
2022-9-7 18:36 | |
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Celsius Resembled Ponzi Scheme at Times, Vermont Regulator Says
Vermont's Department of Financial Regulation alleged that crypto lender Celsius boosted its balance sheet by counting its CEL token holdings as assets, boosting those tokens' value and "artificially inflating" its net value. дальше »
2022-9-7 17:22 | |
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SEBA Bank launches Ethereum staking for institutional investors
In the latest Ethereum news, SEBA Bank, a global crypto lender based in Switzerland, will support Ethereum staking for institutional clients after the Ethereum merge, the bank said in a press release on Wednesday. дальше »
2022-9-7 17:12 | |
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Celsius to receive $70 million as per latest filing; liquidation may still be on the cards
Court filings made by Kirklan & Ellis LLP, the law firm representing Celsius, revealed that the bankrupt crypto lender is expecting an influx of cash in the first week of October. According tThe post Celsius to receive $70 million as per latest filing; liquidation may still be on the cards appeared first on AMBCrypto. дальше »
2022-9-4 21:30 | |
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Celsius expects to receive $70M loan repayment to fund operations beyond November
Crypto lender Celsius expects $70 million from loan repayments that will extend its runway cost beyond November. The post Celsius expects to receive $70M loan repayment to fund operations beyond November appeared first on CryptoSlate. дальше »
2022-9-3 22:22 | |
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Celsius Network to Return Only 22% of Customer Funds
Embattled crypto lender Celsius Network told a New York bankruptcy court that it will pay back about 22% of funds to customers whose assets are valued at $48M. The post Celsius Network to Return Only 22% of Customer Funds appeared first on BeInCrypto. дальше »
2022-9-2 07:32 | |
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Celsius wants to return $210 million worth of custody assets
Crypto lender Celsius Network, which started Chapter 11 bankruptcy proceedings in July, wants to return customer assets in the custody program and withhold accounts worth around $210 million, the firm said in a September 1 filing. дальше »
2022-9-2 20:13 | |
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