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Token Sale Ahead: Celsius to Convert Customer ‘Altcoins’ to BTC and ETH


Amid the regulatory crackdown in the United States, the bankrupt crypto lender Celsius has announced that all of its customers’ “altcoins” will be converted to bitcoin (BTC) and ethereum (ETH). Over $215 million worth of coins such as CEL, ADA, LINK, LTC, and others will...

Bankrupt QuadrigaCX Exchange to Commence 'Interim Distribution' of Funds


The bankrupt Canadian crypto exchange QuadrigaCX is set to commence an “interim distribution” of funds to creditors, despite only a fraction of the missing funds being recovered. “In the coming weeks, the Trustee intends to post a Notice to Affected Users providing details about the manner...

Binance US Pulls the Plug: Voyager Purchase Deal Falls Through


According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing” for Voyager, the firm maintained that its customers would still be receiving their cash...

Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%


On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon ET, more than 474 million tokens had been claimed....

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