2022-11-10 01:04 |
FTX is headed toward bankruptcy without a cash infusion.
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Miner capitulation is here. Core Scientific talks about potential bankruptcy, highlighting that cash resources will be depleted by the end of the year.
2022-10-31 06:00 | |
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Bitcoin public mining companies have been struggling along with the rest of the crypto market. With the decline in the price of bitcoin, these companies had seen their cash flow decline, driving come to the brink of bankruptcy.
2022-9-30 02:00 | |
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The company’s CFO testified the company will receive additional funds in maturing loans and sales and use tax savings in a bankruptcy hearing with creditors.
2022-8-19 20:47 | |
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Celsius Network has received offers of fresh cash to help it fund a potential restructuring process, a lawyer for the company said. The post Celsius Considers Fresh Financing Offers to Escape Bankruptcy appeared first on BeInCrypto.
2022-8-17 12:30 | |
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MT Gox is in the final stages of ironing out the distribution of some 200,000 bitcoin and bitcoin cash which will be given in crypto or fiat depending on each... The post The Only Bankruptcy in History Where People 30x Their Money Preps Distribution appeared first on Trustnodes.
2020-4-8 20:14 | |
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MT Gox is finally ready to move with the distribution of cryptos six years on since it entered bankruptcy according to a draft plan shared by email to be distributed... The post MT Gox Gears Up to Distribute Bitcoin and Bitcoin Cash, Will Sell BSV and Other Cryptos appeared first on Trustnodes.
2020-3-25 22:49 | |
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The exchange has managed to recover $21M cash on hand, with a total of $28 million in assets, but Ernst&Young failed to discover the reported cold wallet storage.
2019-5-13 16:06 | |
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QuadrigaCX monitor Ernst & Young suspects that the beleaguered exchange’s late CEO, Gerald Cotten, may have been financing personal expenditures with company funds, and it is now recommending that the assets in Cotten’s estate be placed under a preservation order.
2019-4-3 01:19 | |
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In this edition of The Daily we cover an Amazon Prime show that features Bitcoin Cash (BCH), the open source password manager Bitwarden that now accepts crypto payments, a declaration of bankruptcy by Coinbin and the closure of Huobi’s Australian office.
2019-2-26 12:20 | |
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Coinbin, the South Korean Cryptocurrency exchange which took over hacked exchange Youbit, is filing for bankruptcy with losses equating to over $26 million. Cryptocurrency and Cash Transactions Stopped According to reports by Business Korea, the bankruptcy announcement was made by Coinbin CEO Park Chan-kyu on February 20, 2018.
2019-2-25 22:01 | |
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On February 4, 2019, blockchain tech company Blockstream announced the development of a “proof of reserves” tool to standardize the authenticity of exchanges’ crypto reserves.
2019-2-7 01:01 | |
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Earlier, Jihan Wu had warned that re-deploying hash rate from Bitcoin network to support Bitcoin Cash ABC could lead to a massive sell off across the market more so in BTC. We are already seeing that print and as BCH/USD prices drop days after forking, Giga Watt is unable to pay creditors.
2018-11-22 05:30 | |
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Craig Wright told Roger Ver in a now publicly revealed email that he will send the price of Bitcoin Cash down to zero for two years. “Welcome to bankruptcy,” Wright... The post Craig Wright Threatens to Crash BCH’s Price to Zero in an Email to Roger Ver appeared first on Trustnodes.
2018-11-9 17:57 | |
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In an open letter, dated September 25th, 2018; Nobuaki Kobayashi, Mt. Gox Bankruptcy Trustee has reportedly liquidated around $230 million worth of Bitcoin Cash BCH and Bitcoin (BTC) in the past four months.
2018-9-27 02:41 | |
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The trustee liquidating cryptocurrencies on behalf of the now-defunct exchange Mt. Gox has offloaded another 25. 98 billion yen, or around $230 million, of Bitcoin and Bitcoin Cash, Bloomberg reported on September 25.
2018-9-25 20:00 | |
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A man known as “Tokyo Whale,” for the enormous amount of bitcoin he controls, confirms he unloaded another big chunk of it earlier this year. Nobuaki Kobayashi, the trustee of now-defunct Tokyo exchange Mt.
2018-9-25 19:54 | |
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The Japanese trustee for Mt. Gox has sold cryptos worth $230 million since March as part of the collapsed exchange's bankruptcy proceedings.
2018-9-25 17:11 | |
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Creditors of Mt. Gox, the defunct cryptocurrency exchange, can now start submitting proofs of claim in a newly approved rehabilitation process, according to an update posted on the exchange’s website.
2018-8-27 17:14 | |
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UBS Group AG's 13F filing reveals a significant stake in BlackRock's iShares Bitcoin Trust (IBIT), signaling growing institutional interest in crypto. The post Swiss bank UBS holds 3,600 shares in BlackRock’s iShares Bitcoin Trust, SEC filings show appeared first on Crypto Briefing.
Former Twitter CEO Jack Dorsey predicts Bitcoin could reach at least $1 million by 2030, citing Bitcoin's collaborative ecosystem and growing mainstream adoption as key price drivers.
Deutsche Bank analysts warn of stablecoin risks, citing Tether's lack of transparency. The post Tether refutes Deutsche Bank research revealing stablecoin solvency risks appeared first on Crypto Briefing.
Lagrange Labs, a cryptography startup specializing in zero-knowledge proofs, raises $13.2M seed round led by Peter Thiel's Founders Fund. The post Lagrange Labs closes $13.2M to build out ZK proofs based on EigenLayer appeared first on Crypto Briefing.
Founded at Harvard, Botanix Labs raises millions to build the first Bitcoin-native Layer 2 primitive with full EVM equivalence — Spiderchain.
Key takeaways London-based Revolut has launched Revolut X to compete with leading crypto exchanges. Bitbot’s presale has now officially crossed the $3. 2 million mark. Revolut X is now live for experienced traders Financial institutions continue to troop into the cryptocurrency space and London-based Revolut will not be left out.
QCP Capital secures initial approval to operate in Abu Dhabi, expanding its crypto options trading services to the Middle East. The post QCP Capital secures preliminary approval to operate in Abu Dhabi appeared first on Crypto Briefing.