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Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure
26.6.2022
Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds from Alameda Ventures in order to get more...
Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital
25.6.2022
Russian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the owners of which have been accused of large scale fraud. 100 Russians Lose Mining Machines Worth...
Japanese Virtual IP Firm Raises $10 Million to Accelerate Metaverse Business
25.6.2022
Brave Group Inc., a Japanese virtual IP firm, recently said it had raised $10 million in new capital and that the company expects to use part of these funds to boost its “solution services for clients in the metaverse marketing business.” Taking part in Brave Group’s latest...
Crypto Biz: Crypto was in full swing at Collision Conference, June 17-23
24.6.2022
Despite the bear market in Bitcoin and altcoins, the industry's builders continue to build for a brighter future
Smaller Exchanges Could Fall Due to Confusing ‘Web of Relationships’, Report Warns
24.6.2022
Smaller crypto exchanges could be vulnerable to collapse during this crypto bear market, given seemingly unsustainable yields offered to users, and a confusing “webs of relationships” between companies in the space, a new report from the crypto data provider Kaiko has found.
According to Kaiko...
Binance Launches Institutional, CoinFLEX Pauses Withdrawals, US SEC Chief on Crypto Regulation + More News
24.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Binance Launches Institutional, CoinFLEX Pauses Withdrawals, US SEC Chief on Crypto Regulation + More News
Dubai Regulator: Three Arrows Capital Isn’t Registered Here
24.6.2022
The Dubai Financial Services Authority says the embattled crypto fund has not set up shop in the Emirate, despite stated plans
Canadian Regulator OSC Takes Action Against Crypto Trading Platforms Kucoin and Bybit
24.6.2022
The Ontario Securities Commission (OSC) has taken action against two cryptocurrency trading platforms. Kucoin is permanently banned from participating in Ontario’s capital markets. Bybit has promised to take steps to comply with regulations and register with the OSC. OSC Sanctions 2 Crypto...
Three Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds
23.6.2022
According to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three Arrows Capital (3AC). In a letter to investors, Voyager’s management explained that 3AC potentially defaulted on a $655 million...
Voyager Limited, Binance Scores Ronaldo, New Bitcoin Bridge, 'Brutal' Singapore + More News
23.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Voyager Limited, Binance Scores Ronaldo, New Bitcoin Bridge, 'Brutal' Singapore + More News
Indonesia – World’s 4th Largest Populous Country Sets Eyes on Becoming the Crypto Capital of Asia
23.6.2022
A well-visioned regulatory framework & the meteoric rise in the number of blockchain and crypto projects have paved the way for Indonesia to stake its claim as the crypto capital of Asia. In a country with nearly 280 million tech-hungry people, one of the largest markets in Asia & a huge...
Nexo hires Citibank to advise on acquisitions during market turmoil
23.6.2022
“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms
Voyager's 60% share price plunge leads sea of red for crypto stocks
23.6.2022
VYGVF dropped as much as 60% during regular trading hours on June 22 before closing at $0.5998 to mark a drop of 50.84% for the day
Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse
22.6.2022
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation...
Voyager Digital Secures Credit Line from Alameda, May Send Three Arrows a Notice of Default
22.6.2022
Voyager Digital Holdings, an owner of a crypto platform, announced today that they entered into a multi-million credit line agreement with Alameda Ventures, but also that they may issue a notice of default to major crypto hedge fund Three Arrows Capital (3AC) for failure to repay...
Crypto brokerage FalconX raises $150M at $8B valuation
22.6.2022
FalconX is the latest cryptocurrency firm to secure millions of dollars in fresh funding despite the cryptocurrency markets experiencing a major decline
Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet
21.6.2022
The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will use the capital to bolster Blockfi’s “balance sheet and platform strength.” Blockfi Obtains...
SBF and Alameda step in to prevent crypto collapse contagion
20.6.2022
SBF also rejected rumors that Alameda played a part in jeopardizing the stability of Celsius, noting that “this is definitely false. We want to help those we can in the ecosystem, and have no interest in hurting them.”
Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors
19.6.2022
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by the plaintiff Nick Patterson on behalf of others...
Ethereum risks another 60% drop after breaking below $1K to 18-month lows
18.6.2022
A 2018-like bearish cycle could have Ether drop toward $420 in the coming weeks