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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
Report: IMF Warns Kenyan Central Bank Against Introducing a CBDC That Harms Fintechs and Banks
29.7.2022
The global lending institution, the International Monetary Fund (IMF) has told the Kenyan central bank that its proposed digital shilling must “do no harm” to existing private sector digital money. The lender insisted the proposed central bank digital currency (CBDC) must “not...
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
Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules
22.7.2022
The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the country’s largest cryptocurrency exchange. The decision comes amid tightening crypto regulations that limit growth in domestic crypto trading. SCB Postpones...
SBF: Crypto winter winding down, FTX to turn a profit as it serves as lender of last resort
21.7.2022
Billionaire CEO of the FTX exchange Sam Bankman-Fried sees a stable crypto market and wider FTX product range ahead pending regulation and a recovering world economy
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
Crypto Lender Vauld Files for Protection From Creditors
20.7.2022
The Singapore-based company had recently suspended withdrawals and begun laying off staff
‘A Damaged Brand’: Former Celsius Employee on the Crypto Lender’s Mismanagement and Alleged Token Manipulation
20.7.2022
Former Compliance and Financial Crimes Director at crypto lender Celsius, Timothy Cradle joined CoinDesk TV’s “First Mover” to discuss the platform’s alleged questionable practices
Report: Equitiesfirst Named as Mystery Debtor to Celsius, $439 Million Owed to Crypto Lender
17.7.2022
Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after the bankruptcy filing, a report disclosed that...
The Fall of Celsius Network: A Timeline of the Crypto Lender’s Descent Into Insolvency
15.7.2022
A timeline of Celsius’ battle with insolvency during the crypto crash, from the firm’s decision to limit some user activity before the “pause,” to its decision to file for bankruptcy on the advice of restructuring experts
Celsius Files for Bankruptcy — Regulator Says the Crypto Lender Is ‘Deeply Insolvent’
14.7.2022
Another crypto lender, Celsius Network, has sought bankruptcy protection in the U.S. “Customer claims will be addressed through the Chapter 11 process,” the company said. Two other crypto firms recently filed for bankruptcy protection: Voyager Digital and Three Arrows Capital (3AC)....