Search
Crypto Turmoil Latest: Nuri Files for Insolvency while CoinFlex Files for Restructuring
10.8.2022
The crypto winter continues to claim victims, with German crypto exchange Nuri and Africa-based CoinFlex being the latest to make moves.
Nuri GmbH, one of Germany’s largest crypto exchanges, has filed for insolvency with a Berlin court, the company said in an announcement on Tuesday....
Read More:...
Exchange cripto CoinFLEX recorta equipo "significativamente" para reducir costos
29.7.2022
La reducción de personal disminuirá los costos en un 50-60%, dijo CoinFLEX
CoinFLEX announces staff cuts as part of measures to reduce costs by up to 60%
29.7.2022
“The intention is to remain right-sized for any entity considering a potential acquisition of or partnership opportunity with CoinFLEX,” said the exchange
Crypto Exchange CoinFLEX Slashes Team Amid Cost-Cutting Push
29.7.2022
CoinFLEX's rough month continues with the decision to "right-size" a business down to its core
CoinFLEX Proposes Plan to Compensate Depositors, Restructure Business
22.7.2022
CoinFLEX wants to issue depositors tokens and approve a new structure for its business
CoinFLEX resumes withdrawals, limiting users to 10%
14.7.2022
Since halting user withdrawals three weeks ago, CoinFLEX has announced plans to reclaim up to $84 million in owed funds
CoinFLEX Restarts Withdrawals With 10% Limit
14.7.2022
The firm is still working on a solution after recently beginning arbitration to recover $84 million from a "large customer."
CoinFlex Begins Arbitration Against $84M Delinquent Customer; FLEX Holders in Focus
11.7.2022
The company said it was speaking with depositors looking to help the business by “rolling some of their deposits into equity.”
Today in Crypto Turmoil: Sun Readies USD 5B Spend, Celsius’ Dealings ‘Exposed,’ CoinFlex Heads to HK Courts
11.7.2022
The Tron (TRX) founder Justin Sun says he is ready to spend big on acquisitions as another week of crypto turmoil begins – and there are also developments from Celsius (CEL) (as usual!), while the exchange CoinFlex could be gearing up to flex its legal muscles on Roger Ver.
Here’s all you need...
CoinFLEX to begin arbitration for $84 million recovery and open limited withdrawals
11.7.2022
CoinFLEX is moving quickly to retrieve as much liquidity as it can from a debacle that has left it $84 million short due to a delinquent account held by an unnamed whale
CoinFLEX Withdrawals Remain Halted as Recovery Token Talks Continue
30.6.2022
CoinFLEX initially planned to resume withdrawals today
CoinFlex CEO says withdrawals unlikely to resume on Thursday
30.6.2022
CoinFlex CEO Mark Lamb said more time was needed before the exchange can reopen its platform for user withdrawals
CoinFLEX CEO Says Roger Ver Owes Them USDC 47M, Ver Denies the Claim
29.6.2022
Mark Lamb, CEO of crypto derivatives exchange and yield platform CoinFLEX, has revealed that the "high integrity" individual whose account went into negative equity during recent market volatility is the Bitcoin Cash (BCH) proponent Roger Ver.
The revelation came after Ver, who is also referred...
Roger Ver denies CoinFLEX CEO's claims he owes firm $47M USDC
29.6.2022
Not mentioning CoinFLEX by name, Roger Ver said he had not “defaulted on a debt to a counter-party,” and alleged the platform owed him “a substantial sum of money.”
CoinFLEX Says Roger Ver Owes It $47M USDC as Spat Turns Public
28.6.2022
The disagreement stems after CoinFLEX said it was launching a recovery token as a high net worth customer owed the exchange
CoinFLEX's USD 47M Recovery Token Plan Questioned by Crypto Observers
28.6.2022
Crypto derivatives exchange and yield platform CoinFLEX aims to turn the debt of a "high integrity" individual into a token called Recovery Value USD (rvUSD) in order to fund other customers' withdrawals. Not everyone is impressed with these plans.
The exchange will issue rvUSD 47m at a price...
CoinFLEX recovery plan includes tokenized bad debt and more yields
28.6.2022
The crypto lender issued a no-liquidation account to an unnamed whale on the condition that the account would never go negative, but that plan has backfired
CoinFLEX to Launch a $47M Recovery Token to Solve Withdrawal Issues
28.6.2022
CoinFLEX said last week it was halting withdrawals amid the recent market downturn and counterparty uncertainty
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.
__________...
Read More: Binance Launches Institutional, CoinFLEX Pauses Withdrawals, US SEC Chief on Crypto Regulation + More News
CoinFLEX Pauses Withdrawals Amid ‘Extreme Market Conditions’ and Counterparty Uncertainty
23.6.2022
The counterparty is not crypto hedge fund Three Arrows Capital, CoinFLEX's CEO said