BlockFi partners with Coinbase to distribute assets recovered from FTX

Crypto lender BlockFi once valued at $3 billion is closing its website and taps Coinbase for distributions of funds recovered from bankrupt FTX. BlockFi, which emerged from bankruptcy in 2023 following a series of cascading bankruptcies associated with the collapse… дальше »

119 +

Ledn First-Quarter Loans Top Record $690M as Lending Market Snaps Back

Crypto lender Ledn processed more than $690 million in loans during the first quarter, its most successful quarter since the firm's inception in 2018. дальше »

74 +

Crypto Principal Trader Arbelos Markets Raises $28M Led by Dragonfly Capital

Before starting Arbelos Markets last year, Tang served as chief investment officer at quantitative digital asset investment firm LedgerPrime while Lim was head of trading strategy at Galaxy and head of derivatives at now-defunct crypto lender Genesis. дальше »

86 +

Former NFL Star Rob Gronkowski to Pay $1.9M to Settle Crypto Investor Suit

The NBA's Victor Oladipo and racecar driver Landon Cassill also struck deals, and a group of Voyager investors said this was the "first tranche" of settlements with promoters of the former cryptocurrency lender. дальше »

4 +

Homium launches tokenized mortgage loans on Avalanche

Homium, a pioneering real estate equity mortgage lender and securitization platform, has introduced tokenized mortgage loans leveraging the power of Avalanche blockchain technology. The launch of the tokenized mortgage loans comes right on the heels of Homium’s Series A funding round that raised $10 million, with Sorenson Impact Group and Blizzard leading the round. The […] дальше »

94 +

How Investors Should Handle Celsius in Their Tax Returns This Year

Creditors to the failed crypto lender have got their dollars back after bankruptcy, but working out the tax implications is going to take longer, says Koinly's Michelle Legge. дальше »

89 +

MarginFi Leader Resigns on Fiery Day for Major Solana Lender

"The main problem was our lack of organizational execution," MarginFi's longtime leader Edgar Pavlovsky told CoinDesk. дальше »

85 +

Court rules Custodia Bank not entitled to Federal Reserve master account

A Wyoming court has ruled against Caitlin Long’s Custodia Bank by determining that the lender is not entitled to a Federal Reserve master account. In a summary judgment on March 29, Judge Scott W. дальше »

19 +

Celsius looks to recover $2 billion withdrawn by 2% of accounts during its collapse

Bankrupt crypto lender Celsius Network is seeking the return of over $2 billion withdrawn by major customers shortly before its bankruptcy declaration in July 2022, according to a release shared with CryptoSlate. дальше »

92 +

Genesis Faces $21 Million Penalty As SEC Charges Are Settled

Crypto lender Genesis Global, has agreed to a final judgment imposing a $21 million civil penalty and a permanent injunction as part of a settlement with the US Securities and Exchange Commission (SEC). дальше »

204 +

Genesis to Pay SEC $21M Penalty to Settle Charges Over Gemini Earn Product

The bankrupt crypto lender Genesis Global Capital has agreed to a final judgment ordering it to pay $21 million to settle charges with the U.S. Securities and Exchange Commission (SEC) for violating securities laws by offering and selling its now-defunct Gemini Earn program, the SEC announced Tuesday. дальше »

18 +

SEC Case Against Gemini And Genesis Gains Momentum As Judge Denies Motion To Dismiss

In a recent development, US District Judge Edgardo Ramos has denied motions from cryptocurrency exchange Gemini and crypto lender Genesis to dismiss the case brought by the US Securities and Exchange Commission (SEC). дальше »

128 +

Judge Rules Against Gemini, Genesis Motion to Dismiss SEC Case Against Earn Product

A New York judge has ruled that the U.S. Securities and Exchange Commission (SEC) case against crypto lender Genesis and crypto exchange Gemini will be allowed to move forward, denying the two defendants’ motions to dismiss in a Wednesday court filing. дальше »

91 +

Gemini and Genesis Can Be Sued by SEC Over Defunct Earn Product, Judge Rules

A New York judge has ruled that the U.S. Securities and Exchange Commission (SEC) case against crypto lender Genesis and crypto exchange Gemini will be allowed to move forward, denying the two defendants’ motions to dismiss in a Wednesday court filing. дальше »

15 +

BlockFi Resolves Dispute With FTX And Alameda Research For Nearly $1 Billion

In a significant development, crypto lender BlockFi has reached an “in principle” agreement with the estates of bankrupt FTX and its trading arm Alameda Research to settle nearly $1 billion in claims. дальше »

127 +

FTX, Alameda reach settlement with crypto lender BlockFi, will pay up to $874m

FTX and Alameda have settled their disputes with BlockFi, agreeing to pay the firm up to $874 million, subject to court approval. Bankrupt crypto companies FTX and BlockFi have reportedly settled their disputes arising from their collapses in 2022 after… дальше »

136 +

Crypto Lender Nexo Secures First Regulatory Victory in Dubai

Nexo, a company offering digital asset services, has won initial approval as a licenced entity in Dubai from the region's Virtual Assets Regulatory Authority (VARA), it announced Tuesday. дальше »

90 +

Gemini strikes deal to return all assets ‘in kind’ to Earn users instead of historic dollar equivalent

Crypto exchange Gemini said Earn users would receive “100% of their digital assets back in kind” following an in-principle agreement with bankrupt Genesis and other creditors of the failed lender, according to a Feb. дальше »

21 +

Days After Ditching Aave, Risk Manager Gauntlet Moves to Rival Lender Morpho

According to Gauntlet, the move offers the potential for more money with greater flexibility. дальше »

24 +

DCG files objection in bankruptcy court, calls out Genesis’ settlement subversive

Digital Currency Group (DCG) opposes the settlement between the New York Attorney General and Genesis. DCG filed a new application following an agreement with the prosecutor and Genesis, a bankrupt crypto lender that was one of DCG’s companies. Company executives… дальше »

101 +

DCG Calls Out Subsidiary Genesis' Settlement With New York as 'Subversive'

Digital Currency Group (DCG) is objecting to the settlement between the New York attorney general and Genesis – the failed crypto lender that was among DCG's array of digital assets businesses. дальше »

151 +

Judge approves sealed settlement between BlockFi and 3AC

In a pivotal development for BlockFi and Three Arrows Capital (3AC), a United States judge, Michael Kaplan, in a court hearing on Tuesday provided the legal nod to a settlement that puts an end to the financial disputes between the crypto lender and the defunct crypto hedge fund. BlockFi had asserted a claim of $129 […] дальше »

30 +

Crypto lender Nexo granted ISO 27017 and ISO 27018 certifications

Nexo, a leading crypto lender, has received two prestigious certifications from RINA, a multinational inspection and certification company in Italy. Nexo granted ISO 27017 and ISO 27018 certifications According to an announcement shared with Invezz, Nexo is now an ISO 27017 and ISO 27018 certified firm. дальше »

92 +

Could Bitcoin Mining Companies Face Threats From the Failure of This Crypto Bank?

B. Riley, the lender of last resort that loaned Bitcoin mining company Core Scientific $70 million, is the subject of a new probe. More details here. The post Could Bitcoin Mining Companies Face Threats From the Failure of This Crypto Bank? appeared first on BeInCrypto. дальше »

208 +

Celsius sends ETH worth $125 mln to exchanges - Why?

Celsius has begun transferring its ETH holdings to exchanges. CEL’s future Open Interest has continued to plunge. Bankrupt cryptocurrency lender Celsius Network [CEL] has transferred over The post Celsius sends ETH worth $125 mln to exchanges - Why? appeared first on AMBCrypto. дальше »

216 +

Ethereum: How Celsius' latest move might impact your ETH holdings

Celsius has decided to unstake its ETH holdings to repay its creditors. The last week has seen a decline in demand for ETH. In a series of posts on X, bankrupt cryptocurrency lender Celsius The post Ethereum: How Celsius' latest move might impact your ETH holdings appeared first on AMBCrypto. дальше »

208 +

Celsius elicits mixed signals as it announces plans to unstake $468 ETH

Crypto lender Celsius wants to unstake its Ether holdings to meet the costs of its restructuring plan. The embattled crypto firm says the funds raised will be used to pay its creditors. Celsius’s move comes after the Southern District of New York Bankruptcy Court approved its restructuring plan in November. The plan included the creation […] дальше »

237 +

Brazil’s major bank enters crypto space with new trading service

Brazil’s largest lender, Itau Unibanco, announced its entrance into the crypto market by introducing a trading service for clients on its investment platform.  The initial offering includes trading in Bitcoin (BTC) and Ether (ETH), with plans to incorporate additional cryptocurrencies.… дальше »

204 +

Celsius initiates withdrawals for eligible custody users amid app glitches and login woes

Bankrupt crypto lender Celsius has opened withdrawals for eligible custody users starting Nov. 29, according to a statement on its official handle on social media platform X (formerly Twitter). A Nov. дальше »

235 +

Empty Accounts Discovered As Celsius Allows Crypto Withdrawals For Eligible Users

In a recent announcement, bankrupt crypto lender Celsius has initiated additional withdrawals for certain eligible custody users. However, it’s important to note that only specific custody assets are currently available for withdrawal, while other cryptocurrencies such as Bitcoin (BTC) remain inaccessible. дальше »

257 +

MakerDAO: Weekly revenue exceeds 2021 bull market peak

MakerDAO saw an uptick in weekly revenue. MKR continued to combat low demand.  Stablecoin lender MakerDAO [MKR] has reached new heights in revenue generation. According to data from DefiLlaThe post MakerDAO: Weekly revenue exceeds 2021 bull market peak appeared first on AMBCrypto. дальше »

266 +

Genesis Launches New Lawsuit Against Gemini For ‘Unfair’ $700M Transfers Before Bankruptcy

In a dramatic turn of events, bankrupt crypto lender Genesis has initiated a new legal battle against its long-standing rival, Gemini. The lawsuit claims that Gemini received “unfair preferential transfers” of approximately $700 million shortly before the company declared bankruptcy. дальше »

249 +

Bankrupt Genesis alleges Gemini contributed to ‘run on the bank’ with $689M withdrawals

Bankrupt crypto lender Genesis has filed legal actions to retrieve $689. 3 million from cryptocurrency exchange Gemini. In a Nov. 21 court filing, the bankrupt lender alleged that Gemini contributed to the “run on the bank” it suffered by making these preferential transfers during a 90-day period that preceded its bankruptcy filing. дальше »

288 +

Bankrupt crypto lender Genesis sues Gemini to recover $689M of ‘preferential transfers’

Genesis claims Gemini made preferential transfers of about $689 million from Genesis and wants the court to “correct this unfairness.” дальше »

728 +

Genesis Sues Gemini to Recover 'Preferential Transfers' Worth $689M

Crypto lender Genesis Global Capital has sued cryptocurrency exchange Gemini Trust, its former business partner, to recover more than $689 million. дальше »

46 +

Celsius debtors to restructure defunct lender into Bitcoin miner instead of asset transfer

Celsius Network and its debtors intend to turn the defunct lender into a Bitcoin miner as part of its restructuring, according to a Nov. 20 press release. Celsius customers will own the new entity, tentatively stated as ‘Mining NewCo. дальше »

226 +

Celsius Network’s Shift Towards Bitcoin Mining Plan

Bankrupt crypto lender Celsius Network has revealed that the company planning on switching to a Bitcoin mining-only company, following its bankruptcy court’s confirmation of the plan. Celsius Transition To Mining NewCo Celsius Network‘s transition into a mining company coincides with its bankruptcy proceedings. дальше »

286 +

Celsius to Transition to Mining-Only NewCo After SEC Feedback in Updated Bankruptcy Plan

Crypto lender Celsius will transition to a new company that focuses only on Bitcoin mining, a shift from an earlier reorganization plan that included a focus on staking too. дальше »

156 +

Santander Takes Bold Leap Into Crypto: Bitcoin, Ethereum Trading Now Available For Swiss Account Holders

452 +

Celsius restructuring encounters obstacle due to SEC involvement

The U.S. Securities and Exchange Commission's request for more information has paused Fahrenheit's plan to revive bankrupt crypto lender Celsius, highlighting the ongoing regulatory challenges in the crypto sector. дальше »

414 +

Celsius Revamp Plan Hits Speed Bump With SEC: Source

The U.S. Securities and Exchange Commission wants more information about the assets of the former crypto lender, which is reorganizing through bankruptcy, a person familiar with the matter said. дальше »

112 +

Bankrupt Crypto Firms FTX And BlockFi Given Green Light To Negotiate Settlement

In a significant development, US Bankruptcy Judge Michael Kaplan has made a ruling to lift the stay suit, enabling the resumption of trial proceedings in the ongoing legal dispute between cryptocurrency lender BlockFi and failed crypto exchange FTX. дальше »

142 +

Genesis and 3AC reach $33m settlement in billion-dollar claim

Genesis agrees to a $33 million settlement with Three Arrows Capital, significantly less than the original $1 billion claim, amid ongoing crypto turmoil. Bankrupt crypto lender Genesis has consented to a settlement with the now-defunct crypto hedge fund Three Arrows… дальше »

570 +

Genesis, Three Arrows Capital Reach Agreement on $1B of Claims

The bankrupt crypto lender is seeking court approval to settle the claims with a $33 million payment to defunct hedge fund 3AC. дальше »

249 +

CEL token enjoys uptick despite Celsius bankruptcy

Crypto lender Celsius Network continues to face legal upheavals as it embarks on a new journey post-bankruptcy. Meanwhile, its native CEL token has seen a 40% increase in the past seven days.  дальше »

530 +

Hodlnaut Faces Liquidation In Crypto Lending Crisis, 17,000 Creditors In Uncertainty

Singapore-based crypto lender Hodlnaut is on the verge of liquidation, according to court filings on November 10. The company, which also operates in Hong Kong, had previously halted withdrawals and sought protection from creditors. дальше »

301 +

Genesis seeks court approval for 3AC settlement

In a Nov. 9 court filing, Genesis, the cryptocurrency trading lender heavily impacted by the collapse of Three Arrows Capital (3AC) and FTX last year, is now seeking out court approval for a settlement agreement. дальше »

280 +

Crypto Lender Hodlnaut to Be Liquidated, Court Filing Shows

Defunct cryptocurrency exchange Hodlnaut will be wound up, according to a note from the company’s former interim judicial managers, Aaron Lee and Angela Ee. дальше »

141 +

Genesis seeks court’s approval to reduce Three Arrows Capital claim from $1B to $33M

Bankrupt lender Genesis has asked the court to approve its proposed settlement agreement with imploded crypto hedge fund 3AC.

671 +

Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024

Crypto lender Celsius secured approval for its reorganization plan from a bankruptcy court on Thursday, marking an end to an ordeal that began when it filed for bankruptcy in July last year. дальше »

110 +