Australian blockchain company files for bankruptcy month after layoffs

2023-5-8 11:54

The Australia-based blockchain company founded in 2015, Everledger, filed for bankruptcy after failing to provide the expected investors’ funds, according to a report by SmartCompany. The blockchain-powered platform was developed to track the origin of luxury items, top-notch wine, diamonds,…

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bankruptcy blockchain company developed platform smartcompany track

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Источник: btcmanager.com

bankruptcy blockchain → Результатов: 42

Bitcoin Miner Argo Blockchain's CEO Resigns

The troubled mining firm had to sell its biggest facility to stave off bankruptcy.

2023-2-10 11:16	Business
sell biggest facility bankruptcy off stave had

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Bitcoin Miner Argo Blockchain Loses CEO

The troubled mining firm had to sell its biggest facility to stave off bankruptcy.

2023-2-9 11:16	Business
sell biggest facility bankruptcy off stave had

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Ferrari Terminates Its Deal with Its Crypto Sponsor Velas Blockchain As A Dark Cloud Hovers Over The Industry

Scuderia Ferrari, the racing arm of luxury automobile brand Ferrari, has decided to terminate its contract with Velas, with insiders claiming that multiple contract breaches and fears of bankruptcy fuelled the premature ending.

2023-1-13 22:22	Cryptocurrency News
ferrari contract velas insiders claiming terminates terminate

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Argo Blockchain mined 28% fewer bitcoins in December

Argo Blockchain mined 147 bitcoins in December 2022, down from 198 in November. Mining revenue was $2. 49 million, compared to $3. 46 million during the previous month. Argo sold its Helios facility to Galaxy Digital for $65 million as it looked to avoid nose-diving into bankruptcy.

2023-1-12 20:25	Bitcoin News
million argo blockchain mined december bitcoins digital

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Argo Blockchain stock spikes 102% as bankruptcy risk averted

Argo Blockchain (NASDAQ: ARBK) (LSE: ARB) shares today shot up by over 100% following the company securing a $100 million deal with Galaxy Digital.

2022-12-29 23:40	bitcoin mining
100 argo blockchain following company securing galaxy

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This Crypto Mining Firm Shares Soar 120% Despite Bankruptcy Battle

The shares of embattled crypto mining firm Argo Blockchain rose 120% in London after a $100 million lifeline from Galaxy Digital Holdings. The post This Crypto Mining Firm Shares Soar 120% Despite Bankruptcy Battle appeared first on BeInCrypto.

2022-12-29 20:01
120 shares firm crypto mining battle bankruptcy

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Bitcoin Miner Argo Blockchain Will Avoid Bankruptcy With $100M Bailout From Novogratz’s Galaxy Digital

Galaxy will also loan $35 million to Argo as part of the deal.

2022-12-29 10:00	Business
argo galaxy million loan part deal novogratz

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Argo Blockchain Suspends Trading in US Shares for 24 Hours

The company said earlier this month it was close to restructuring without having to declare bankruptcy.

2022-12-27 15:06	Business
close month restructuring bankruptcy declare having without

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Argo trading at London Stock Exchange resumes amid brankruptcy fears

Argo Blockchain plc, a cryptocurrency mining firm has announced that there will be the restoration of trading on the London stalk exchanges. This is due to the organization's risk of bankruptcy.

2022-12-13 12:35
london argo trading stalk restoration exchanges risk

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Argo trading at London Stock Exchange resumes amid bankruptcy fears

Argo Blockchain plc, a cryptocurrency mining firm has announced that there will be the restoration of trading on the London stalk exchanges. This is due to the organization's risk of bankruptcy.

2022-12-13 12:35
argo bankruptcy london trading restoration risk stalk

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Bitcoin Miner Argo Blockchain Says It's Close to Restructuring Without Having to Declare Bankruptcy

The London-based company warned, however, there's no guarantee it will be able to do so.

2022-12-13 21:35	Business
however company warned guarantee able london-based bankruptcy

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Argo Blockchain may have accidentally reveals plans for bankruptcy

Argo Blockchain, a crypto mining company, has reportedly accidentally revealed a petition for bankruptcy. The post Argo Blockchain may have accidentally reveals plans for bankruptcy appeared first on CryptoSlate.

2022-12-11 04:00	Mining
bankruptcy argo accidentally blockchain may plans reveals

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Solana Buckles Under FTX Debris, Is Single-Digit SOL A Possibility?

Solana (SOL) was one of the hardest hit blockchains by the FTX collapse. Even now, more than a week after the initial bankruptcy, SOL continues to buckle under the weight of uncertainty left among its users and investors given Sam Bankman-Fried’s (SBF) heavy involvement in the Solana blockchain.

2022-11-17 20:00	SOLUSDT
solana sol ftx under users among left

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Art & Blockchain: Interview with HOFA Gallery co-founder

It’s been a crazy week for cryptocurrency news, as one of the world’s largest exchanges, FTX, abruptly filed for bankruptcy following revelations about the misappropriation of client assets.

2022-11-17 14:44	NFTs
exchanges client largest world assets ftx abruptly

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FTX Hack or Inside Job? Blockchain Experts Examine Clues and a ‘Stupid Mistake’

Insolvent crypto exchange FTX suffered a $600 million exploit late Friday after filing for bankruptcy protection.

2022-11-15 23:30	Business
ftx exploit million suffered late friday bankruptcy

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Bitcoin Mining Firm Compute North Files for Chapter 11 Bankruptcy

Compute North Holdings, a firm that offers data center services to cryptocurrency miners and blockchain firms, filed for bankruptcy in Texas. Compute North Applies for Bankruptcy Compute North, a Bitcoin mining hosting firm, has filed for chapter 11 bankruptcy, citing…

2022-9-23 14:10	texas
north compute bankruptcy firm filed bitcoin chapter

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Blockchain Bites: Figure Files for Banking Charter, Cred for Bankruptcy

Also: Ripple is opening a new office in Dubai and President-elect Joe Biden mulls two crypto-friendly potential cabinet picks.

2020-11-25 20:38	Blockchain Bites
president-elect joe dubai biden two cabinet picks

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Blockchain Company Factom Inc. Files for Chapter 11 Bankruptcy

Factom Inc.'s board has presented a proposal for restructuring the business, which will now be assessed by the administrators.

2020-6-19 16:06
factom inc business assessed administrators restructuring presented

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DX.Exchange Employees Press to get the Firm Dissolved

According to reports from Israel on November 24, 2019, 78 current and ex-personnel of the Israeli firm behind DX. Exchange, many of whom are former employees of the FBI-raided company, SpotOption, have petitioned to have their employer dissolved.

2019-11-25 12:00
exchange employees israeli cryptocurrency company firm dissolved

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Nova Scotia Supreme Court Approves Relocation of QuadrigaCX Bankruptcy Case to Toronto

A judge of the Nova Scotia Supreme Court has agreed to a request to move the ongoing QuadrigaCX case from Halifax to Toronto, Ontario. According to a report by Global NewsSeptember 10, 2019, the transfer would drastically cut down expenses as most of the victims are based in Toronto.

2019-9-12 21:00
toronto case nova bankruptcy move court scotia

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Dutch Crypto Exchange Files for Bankruptcy

The Next Web reported on June 4 that Dutch crypto exchange Blockport declared bankruptcy following a Security Token Offering… The post Dutch Crypto Exchange Files for Bankruptcy appeared first on Invest In Blockchain.

2019-6-6 09:01
dutch exchange bankruptcy crypto offering blockchain token

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Blockport Declares Bankruptcy after Failing to Raise Sufficient Capital

After failing to meet the $1. 13 million soft cap for their Security Token Offering (STO), Blockport has declared bankruptcy and will scale down their plans as they cannot achieve their desired growth trajectory.

2019-6-5 14:58	ICO
blockport million token bankruptcy failing any traction

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Cobinhood Founder Dismisses Exit Scams Allegations

On May 29, 2019, Popo Chen, the founder of cryptocurrency exchange Cobinhood cleared the air surrounding the trading platform in stating that reports of the exchange filing for bankruptcy or pulling an exit scam were false.

2019-6-1 17:00	ICO
cryptocurrency btcmanager exchange 2019 cobinhood founder exit

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New Zealand: Cryptopia Seeks to Preserve User Account Data Amid new Challenges

Accounting firm Grant Thornton LLC on May 27, 2019, provided an update regarding the petition for bankruptcy filed by the now-defunct cryptocurrency exchange Cryptopia. The company said that it is working towards preserving the exchange’s users’ data stored and hosted on the servers of a U.

2019-5-27 14:39	Exchange
cryptopia firm cryptocurrency new data exchange -based

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Infographic: An Overview of Compromised Bitcoin Exchange Events

The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2.

2019-5-25 21:56	Privacy & security
hack btc lost amount date exchange bitcoin

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Liquidated Cryptopia Founder Launching New Exchange

New Zealand cryptocurrency exchange, Cryptopia, having been hacked early in the year, recently announced that it had entered bankruptcy. Now,… The post Liquidated Cryptopia Founder Launching New Exchange appeared first on Invest In Blockchain.

2019-5-23 13:13	Cryptopia
new exchange cryptopia liquidated founder launching entered

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Exchange Platform Cobinhood Accused of Orchestrating Exit Scam

Twitter user @SandorReport tweeted on May 20, 2019, that cryptocurrency exchange Cobinhood had pulled an exit scam after it suspiciously filed for bankruptcy and appointed a liquidator to lay off its entire staff.

2019-5-21 18:00	Scam
exit exchange scam cryptocurrency cobinhood accusations levied

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Nova Scotia Court Okays QuadrigaCX Bankruptcy Proceedings

QuadrigaCX, the now-defunct Canadian bitcoin trading platform and cryptocurrency exchange, has officially commenced bankruptcy proceedings following approval by Nova Scotia Supreme Court Justice, Michael Wood, according to a CBC report published April 8, 2019.

2019-4-9 15:00	QuadrigaCX
quadrigacx proceedings scotia court bankruptcy nova supreme

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Quadriga CX Victims May Get Refunds Sooner than Later

Creditors of the now defunct Canadian cryptocurrency exchange, QuadrigaCX may get compensated sooner than later, as Ernst & Young (EY), the court-appointed monitor investigating the case, has advised the firm to commence bankruptcy proceedings as soon as possible, to cut costs and expedite the creditors’ refunds process, reports Bloomberg on April 2, 2019.

2019-4-4 09:00	QuadrigaCX
cryptocurrency quadriga creditors later get may refunds

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Employee Embezzlement Forces South Korea’s Coinbin Crypto Exchange to Call it Quits

Coinbin, a leading South Korean digital assets exchange and cryptocurrency trading venue, has filed for bankruptcy with the Korean authorities, claiming that an employee has stolen a whopping 29. 3 billion won (about $26 million) from its coffers, according to a local news source, Business Korea on February 22, 2019.

2019-2-26 22:00	South Korea
coinbin exchange employee korean cryptocurrency korea south

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Blockchain Project RChain Cooperative May Need to Sell Off RHOC Tokens to Remain Afloat

RChain’s most recent and available October balance sheet indicates poor performance on the firm’s part, which could possibly lead them to bankruptcy. Upon exploring the balance sheet, it is evident that the total liabilities of approximately $16M greatly exceeds that of the total assets of $5.5M. This is sure to leave many puzzled, given that […]

2019-2-18 17:20	News
sheet rchain balance total liabilities bankruptcy upon

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Ethereum Price Analysis: All Indicators Point to Bulls, ETH at $250 Very Likely

Latest Ethereum News 13 months after token prices slumped forcing many to bankruptcy, the US SEC appears to be laying down the much-needed ground rules needed to resuscitate an innovation that could shape project financing.

2019-2-12 17:06	Price Analysis Charts
ethereum down could shape financing working project

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Blockstream Open Sources Development of Its Proof of Reserves Tool

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	Privacy & security
exchange reserves tool blockstream transaction bitcoin could

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NEM Foundation, on Brink of Bankruptcy, Plans Layoffs and Pivot

The leading non-profit behind the NEM blockchain is seeking $7.5 million in emergency funding to stave off bankruptcy.

2019-1-31 06:00
bankruptcy nem million seeking emergency off stave

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U.S. Mining Pioneer GigaWatt Files for Bankruptcy in Washington

GigaWatt, one of the earliest players in Central Washington’s bitcoin boom, has filed for bankruptcy protection, making it the latest casualty in an industry hammered by falling prices, the Seattle Times reported on November 21, 2018.

2018-11-23 12:00	Mining
washington bitcoin protection latest pioneer bankruptcy gigawatt

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U.S. Bitcoin Mining Pioneer GigaWatt Files for Bankruptcy in Washington

2018-11-23 04:00
bitcoin washington latest protection pioneer gigawatt bankruptcy

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Ripple Explains How Japan Dominates the Digital Asset Market

Japan has remained at the forefront of digital currency innovation. One of the world’s biggest Bitcoin exchange, Mt Gox, was based in Japan. However, after the $460-million Bitcoin theft and bankruptcy filing by the exchange in 2014, Japan didn’t immediately grow defensive.

2018-10-18 20:09	ripple
japan digital bitcoin ripple exchange market explains

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Shares in Italian Football Club Rimini Purchased With Cryptocurrency

The Italian football club Rimini, which plays in the Italian Serie C division, has sold a portion of the team’s shares in exchange for cryptocurrency. The first-of-its-kind acquisition was made by Heritage Sports Holdings (HSH), a sports investment company based in the United Arab Emirates.

2018-8-30 21:01	Adoption & community
football rimini team sports cryptocurrency hsh shares

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Mt Gox Asked to Pay Losses in Bitcoin

The defunct cryptocurrency exchange Mt Gox that became a victim of a massive Bitcoin hack in 2014, has been ordered by the Tokyo District Court to start paying its customers back. The losses will be paid back entirely in Bitcoin.

2018-7-2 07:34	Bitcoin
bitcoin losses gox court ordered back cryptocurrency

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Mt. Gox Will Return $1 Billion Bitcoins Lost in the 2014 Heist to Victims

The Tokyo District Court on Friday, June 24, stopped Mt. Gox’s bankruptcy proceedings and ordered the commencement of the civil rehabilitation proceedings. The civil rehabilitation proceedings will ensure that Mt.

2018-6-26 14:49	Japan
gox billion heist victims proceedings civil rehabilitation

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Bitcoin Magazine’s Week in Review: Fortunes and Fallacies

This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.

2018-6-24 20:05
bitcoin blockchain your exchange cryptocurrency creditors new

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