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Crypto Lender Celsius On Pace to Run Out of Cash by October
15.8.2022
The bankrupt crypto firm is also short of $2.8 billion in crypto assets, the court filing reveals
Indian Authorities Freeze Nearly $46M Assets of Troubled Crypto Lender Vauld: Report
12.8.2022
Nearly $50 million worth has been frozen by authorities at the troubled crypto exchange, media reports say
Ripple Labs Is ‘Interested’ in Bankrupt Crypto Lender Celsius and Its Assets, Company Spokesperson Says
11.8.2022
According to a Ripple Labs spokesperson, the distributed ledger company is interested in learning about the bankrupt crypto lender Celsius and its assets. When Ripple’s spokesperson was asked if the blockchain firm was interested in acquiring Celsius, the company declined to say. The news...
Ripple Labs Weighs Buying Crypto Lender Celsius’ Assets: Report
10.8.2022
Key XRP backer Ripple Labs says it is interested in purchasing the assets of bankrupt crypto lender Celsius Network
Canadian Regulators Probing Crypto Lender Celsius Network Alongside US: Report
9.8.2022
Canada's provincial securities regulators are investigating how Celsius' implosion is impacting investors in North America
Crypto Lender Hodlnaut Pauses Withdrawals — Company Cites Market Conditions, Despite Recent Crypto Rally
8.8.2022
On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope that they will see their funds...
Crypto Lender Hodlnaut Freezes Withdrawals, Citing Market Conditions
8.8.2022
The crypto lender has also withdrawn its application to be regulated in Singapore
Crypto Lender Voyager Digital to Reopen Cash Withdrawals Next Week
5.8.2022
The bankrupt lender had received court approval to return $270 million to its customers
Crypto Lender Voyager Digital Has Received Several Purchase Offers Higher Than FTX’s: Report
4.8.2022
Voyager last week rejected FTX’s proposal to purchase the assets of the bankrupt crypto firm and offer early liquidity to its customers
Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors
3.8.2022
Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto lending platform seeks acquisition by rival Nexo. Vauld to Have 3 Months for Restructuring,...
Crypto lender Vauld granted three-month protection from creditors
2.8.2022
Vauld's parent company Defi Payments Ltd says the moratorium granted on Monday will give it the necessary breathing room to form a restructuring plan
Troubled Crypto Lender Vauld Granted 3-Month Moratorium by Singapore High Court: Report
1.8.2022
Asian crypto lender Vauld has been granted a three-month moratorium by the Singapore High Court to continue to explore its options
Crypto Lender Voyager Ordered by US Regulators to Stop Misleading Customers
28.7.2022
The Federal Reserve and Federal Deposit Insurance Corp. issued a cease-and-desist order to Voyager, saying it made false claims that its customers would have government protections
Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’
28.7.2022
After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firm’s vendors accessed a list of Celsius client emails, and the email addresses were “transferred to a third...
Crypto Lender Celsius Files to Retain Former CFO to Advise on Bankruptcy Proceedings
26.7.2022
Rod Bolger resigned from Celsius in June, two weeks before the company filed for Chapter 11 protection
Failed Crypto Lender Cred Blames Its Demise on Uphold Exchange in Suit
23.7.2022
The 2022 meltdown is not the first time that the risks of “Centralized DeFi” products have been laid bare
FTX to Offer Early Liquidity to Customers of Bankrupt Crypto Lender Voyager
22.7.2022
The crypto exchange will allow Voyager customers to create accounts funded by an early distribution of a part of their bankruptcy claims
Crypto Lender BlockFi Had $1.8B in Open Loans at End of June and $600M of Exposure
22.7.2022
Crypto lender BlockFi has $1.8 billion in open loans and $600 million in exposure, suggesting that loans are collateralized at a ratio of 2:3
Nexo, Crypto Lender on Prowl for Ailing Rivals, Faces Declining Deposits
22.7.2022
An analysis of attestations of Nexo assets – including older data retrieved using the Wayback Machine – reveals just how much the crypto lender's deposits have declined in recent months
Crypto lender Vauld seeks protection against creditors: Report
21.7.2022
The crypto exchange, which is backed by Peter Thiel and Coinbase, halted withdrawals in July following an apparent run on its assets