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Celsius Restakes $753M Ethereum, Pushes Validator Queue to 45 Days
Bankrupt crypto lender Celsius has restaked over $750 milllion worth of Ethereum during the first two days of this month. The post Celsius Restakes $753M Ethereum, Pushes Validator Queue to 45 Days appeared first on BeInCrypto. дальше »
2023-6-3 12:42 | |
Fahrenheit to acquire bankrupt crypto lender Celsius
Court documents reveal that Fahrenheit has won the bid to acquire Celsius Network. The Fahrenheit group must provide a $10 million deposit within three days to complete the process. CryptocuThe post Fahrenheit to acquire bankrupt crypto lender Celsius appeared first on AMBCrypto. дальше »
2023-5-25 16:00 | |
Core Scientific to exit bankruptcy by September 2023
Bankrupt crypto miner to exit bankruptcy by September this year. The latest developments led to a 7% hike in Core Scientific's share price. Crypto mining firm Core Scientific is reportedlyThe post Core Scientific to exit bankruptcy by September 2023 appeared first on AMBCrypto. дальше »
2023-5-24 14:30 | |
FTX token jumps 12% after news of possible restart emerges
Bankrupt FTX’s native token FTT surged more than 10% after court filings showed CEO John J. Ray III has considered a restart plan for the failed exchange. FTX restart According to a May 22 court filing, Ray’s billing report for April highlighted several activities he performed toward a possible restart of the platform. дальше »
2023-5-23 17:49 | |
Digital Currency Group’s failure to pay $630m raises concerns
Genesis Global Capital, the now bankrupt lending arm of Digital Currency Group (DCG), has failed to pay approximately $630 million due to creditors, leading to discussions among stakeholders about a potential default. дальше »
2023-5-23 19:11 | |
Genesis seeks 100-day extension for recovery plan as DCG misses $630M payment
Bankrupt crypto lender Genesis has filed a motion to extend the exclusivity period for its reorganization plan by 100 days. Why Genesis sought an extension In a May 19 court filing to the United States Bankruptcy Court for the Southern District of New York, the bankrupt lender, said it needed the extension “to achieve a […] The post Genesis seeks 100-day extension for recovery plan as DCG misses $630M payment appeared first on CryptoSlate. дальше »
2023-5-22 14:45 | |
3AC NFT Collection Auctioned Off by Sotheby’s – Fidenza #725 Fetches Impressive $1M
The first lot of seven NFTs from the bankrupt Three Arrows Capital were sold auction for nearly 2.5 million USD. The post 3AC NFT Collection Auctioned Off by Sotheby’s – Fidenza #725 Fetches Impressive $1M appeared first on BeInCrypto. дальше »
2023-5-21 19:00 | |
Sotheby’s Auctions NFTs From Bankrupt Crypto Hedge Fund
Sotheby's auctioned bankrupt Three Arrows Capital's NFT collection for $2.5M, highlighting enduring value of NFTs amid volatile crypto market. The post Sotheby’s Auctions NFTs From Bankrupt Crypto Hedge Fund appeared first on NFT News Today. дальше »
2023-5-20 06:55 | |
FTX sues SBF, others over ‘worthless’ fintech company acquisition
Bankrupt crypto exchange FTX sued Sam Bankman-Fried (SBF) and other former executives of the company for the $250 million acquisition of stock clearing platform Embed. According to a May 17 court filing, SBF and other executives — Nishad Singh and Gary Wonder — knew Alameda Research was insolvent and still went ahead with the deal. дальше »
2023-5-18 14:30 | |
Celsius withdrawing nearly $800 million of Ether from Lido
Key Takeaways Bankrupt lender Celsius is trying to withdraw $779 million worth of ETH from Lido The ETH represents 7% of the total amount staked with Lido Celsius has $4.7 billion of debts with creditors, and sent the market into a tailspin last year after it got caught up in the Terra contagion Celsius also […] The post Celsius withdrawing nearly $800 million of Ether from Lido appeared first on CoinJournal. дальше »
2023-5-17 17:30 | |
BlockFi opts to liquidate its lending business
New Jersey-based bankrupt crypto lender BlockFi is looking to liquidate rather than sell its cryptocurrency lending platform after concluding that a sale might not benefit creditors. BlockFi, in a court document filed with the US bankruptcy court for the District… дальше »
2023-5-16 16:49 | |
This is how much bankrupt crypto lender BlockFi could gain from FTX recovery
Successful litigation against FTX and Alameda could add over $1 billion to BlockFi's coffers The crypto lender still owes millions of dollars to SEC and NASAA Bankrupt crypto lender - BlockFThe post This is how much bankrupt crypto lender BlockFi could gain from FTX recovery appeared first on AMBCrypto. дальше »
2023-5-16 20:45 | |
Bankrupt Celsius stake $57M worth of Ethereum: Arkham
Bankrupt crypto lender Celsius has resumed staking Ethereum (ETH), according to data shared by Arkham Intelligence. Arkham reported that the bankrupt lender staked 30,800 ETH — $56. 9 million — via staking solutions provider Figment during the past week. дальше »
2023-5-15 16:30 | |
Quadriga Users Eligible for 13% of Claims at 2019 Crypto Rates
Creditors to the bankrupt Canadian crypto exchange Quadriga are set to receive 13% of the value of their claim. But in 2019 crypto prices. The post Quadriga Users Eligible for 13% of Claims at 2019 Crypto Rates appeared first on BeInCrypto. дальше »
2023-5-15 13:30 | |
BlockFi Custodial Customers to Receive $300M in Repayment, While BIA Holders Risk Losing Investment to Company’s Creditors
Coinspeaker BlockFi Custodial Customers to Receive $300M in Repayment, While BIA Holders Risk Losing Investment to Company’s Creditors A judge has approved repayment for BlockFi custodial wallet holders but said interest-bearing funds still belong to the bankrupt company. дальше »
2023-5-12 13:33 | |
US house financial committee gives SEC Chair Gensler ultimatum to respond to inquiries
The U.S. House Committee on Financial Services issued a May 19 ultimatum to the Securities and Exchange Commission (SEC) chair Gary Gensler to respond to its inquiries. In a May 9 letter, the lawmakers demanded that the SEC deliver the requested internal non-public documents of its activities, including its charges against bankrupt FTX founder Sam Bankman-Fried, crypto […] The post US house financial committee gives SEC Chair Gensler ultimatum to respond to inquiries appeared first on CryptoSlate. дальше »
2023-5-12 20:31 | |
BlockFi Customers Can Be Repaid $300M Held in Custodial Accounts, Judge Says
BlockFi custodial wallet users can be returned nearly $300 million, as a New Jersey judge ruled on Thursday May 11 that assets sitting in the wallets belong to clients rather than the estate of the bankrupt crypto lender. дальше »
2023-5-12 18:04 | |
IRS claims $44b in taxes from bankrupt FTX and its subsidiaries
The IRS filed $44 billion in claims against bankrupt cryptocurrency exchange FTX and its subsidiaries over alleged tax reporting malpractices. дальше »
2023-5-11 15:22 | |
Binance moves bankrupt Voyager, FTX tokens to innovation zone
Crypto exchange Binance has moved the native tokens of bankrupt crypto firms Voyager (VGX) and FTX (FTT) to its innovation zone. According to a May 10 statement, the exchange moved them alongside 16 other struggling digital assets like JasmyCoin (JASMY), OMG Network (OMG), WazirX (WRX), Serum (SRM), OAX (OAX), and others. дальше »
2023-5-10 15:45 | |
QuadrigaCX, Bankrupt Crypto Exchange, Will Resume Interim Fund Distribution
Coinspeaker QuadrigaCX, Bankrupt Crypto Exchange, Will Resume Interim Fund Distribution Miller Thomson, the law firm representing QuadrigaCX stated that a small number of affected users are likely to receive notice of Disallowance of Claim. дальше »
2023-5-10 14:10 | |
Bankrupt crypto exchange QuadrigaCX to start ‘interim distribution’ of funds
Despite their best efforts, bankruptcy trustees have only managed to recover a fraction of the $160 million owed to creditors.
дальше »2023-5-10 19:35 | |
OKX sends over $60M in crypto to Alameda’s wallet
OKX sent over $60 million worth of crypto assets to bankrupt Alameda Research’s wallet in the last five hours, according to Arkham Intelligence data. The crypto exchange made 16 transactions — which included 10 deposits of $5 million USDT and 337,859 MASK (roughly $1. дальше »
2023-5-9 17:52 | |
DCG Looks to Refinance Outstanding Genesis Obligations, Raise Growth Capital
The crypto conglomerate may owe its bankrupt lending division hundreds of millions in loan payments. дальше »
2023-5-9 16:18 | |
Bankrupt Crypto Exchange QuadrigaCX Will Start Interim Distribution for Some Users, EY Says
EY will make the procedure to file the claims public in the coming weeks, дальше »
2023-5-9 16:17 | |
If Over 2,300 Banks In America Are Bankrupt, Will Bitcoin Break Above $40,000?
The United States banking system is in trouble as over 2,300 financial institutions could have more liabilities than assets, recent analysis reveals. Subsequently, analysts say this could boost Bitcoin prices in the weeks and months ahead if the government doesn’t proceed carefully. дальше »
2023-5-8 05:41 | |
Bankrupt Voyager to Liquidate Assets Following Failed Sale to Binance.US
Voyager said it would liquidate its asset and close shop after it was unable to sell its assets to Binance.US. The post Bankrupt Voyager to Liquidate Assets Following Failed Sale to Binance.US appeared first on BeInCrypto. дальше »
2023-5-6 15:51 | |
Bankrupt exchange Voyager Digital to shut shop after failed deals, details inside
Voyager Digital to self-liquidate its assets after failing to reach a deal. Voyager's customers will receive an initial recovery of 36% of their crypto holdings. According to Voyager DigThe post Bankrupt exchange Voyager Digital to shut shop after failed deals, details inside appeared first on AMBCrypto. дальше »
2023-5-6 14:30 | |
Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed
Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US. дальше »
2023-5-6 00:36 | |
Voyager promises to return funds to creditors despite Binance hurdle
Customers of the bankrupt crypto broker Voyager may be getting their money trapped in the platform in the coming weeks, shortly after Binance. US pulled out of an initial deal to purchase Voyager’s assets. дальше »
2023-5-5 11:55 | |
FTX’s NFT Collection: A Bankrupt Crypto Treasure
FTX, the insolvent crypto exchange, now possesses several high-profile non-fungible tokens (NFTs), including Bored Ape, Azuki, Otherdeed, and Mutant Ape. Coinbase director Conor Grogan tweeted about the transfer of Bored Apes NFTs and others to FTX’s multi-signature wallet, including $100,000 worth of Hape Prime NFTs purchased by Alameda. дальше »
2023-5-5 00:34 | |
FTX bankruptcy estate seeks to claw back $3.9B from Genesis
The FTX bankruptcy estate is seeking to claw back $3.9 billion from bankrupt crypto lender Genesis Global Capital. The estate will reportedly use the funds to repay its creditors and millions oThe post FTX bankruptcy estate seeks to claw back $3.9B from Genesis appeared first on AMBCrypto. дальше »
2023-5-4 15:30 | |