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Robinhood board gives nod to buy Sam Bankman-Fried's $578M stake
9.2.2023
The shares were bought by FTX founder Sam Bankman-Fried and co-founder Gary Wang last year and have been tussled over since the collapse of FTX
Binance to Offer $500 Million Worth of Loans to Crypto Mining Industry
16.10.2022
Cryptocurrency exchange Binance has set out to support crypto miners through a lending program established by its mining pool. Presenting the initiative this week, the coin trading platform also unveiled that Binance Pool intends to launch cloud mining products. Leading Exchange Binance Looking...
CEL Rallies After Celsius Asks Court to Let it Return USD 50m+ in Crypto
2.9.2022
Developments emerging from the Celsius bankruptcy trial have sent the failed crypto lender’s CEL token soaring above the USD 1.50 mark, making the coin the day’s – and this week’s – best performer among the top 100 coins.
At 07:32 UTC, CEL is trading for around USD 1.53 and is up 33% in a day...
Big Week for Voyager Digital Clients as Cash Withdrawals About to Begin
8.8.2022
Troubled crypto lender Voyager Digital said it plans to "restore access" to cash deposits in USD this week. Here's what the process might look like.
In a Friday blog post, Voyager said clients with cash in their accounts would be able to withdraw up to USD 100,000 in a 24-hour period starting...
First for SEC: Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties
15.2.2022
The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges and pursue necessary registrations. SEC Charges Crypto Lending Platform Blockfi The U.S....
NY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut Down
19.10.2021
New York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to the companies published on the attorney general’s website indicate that the...
Celsius to Begin Offering Compounding Interest on Crypto Deposits
24.1.2020
Celsius Network, a cryptocurrency lending platform, will begin offering compounded interest on cryptocurrency deposits