German Crypto Exchange Nuri Files for Insolvency
Cryptocurrency change Nuri has filed for insolvency, reportedly turning into Germany’s first fintech to take the step in a difficult yr for startups within the...
Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters
During the final 30 days, the Celsius Network’s native token CEL elevated in worth by over 140% towards the U.S. greenback. On July 13, simply...
Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors
On July 4, the crypto lending firm Vauld introduced it suspended withdrawals, buying and selling, and deposits after disclosing the agency is “going through challenges.”...
Report: Embattled Crypto Hedge Fund Three Arrows Capital Files for Chapter 15 Bankruptcy
The troubled crypto hedge fund Three Arrows Capital Ltd., in any other case often called 3AC, has filed for chapter in accordance with latest court...
Troubled Crypto Hedge Fund 3AC Reprimanded by Singapore’s Monetary Authority, Liquidators Eye Su Zhu’s Properties
On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court docket and following...
Report: A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows Capital
According to a current report from Sky News citing a supply aware of the matter, “cryptocurrency insiders” have mentioned that the troubled crypto hedge fund...
FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming
In a current interview, Sam Bankman-Fried, the founding father of the favored change FTX, warned that some crypto exchanges are “secretly bancrupt” and will quickly...
Report: Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice
After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days later the Wall Street Journal (WSJ) quoted “folks...
Report: Bitmex, Deribit Liquidate 3AC’s Positions — Negativity Continues to Plague the Crypto Hedge Fund
Two days in the past, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after stories claimed that the corporate was allegedly...
Report: Celsius Hires Citigroup to Help the Startup Find ‘Potential Financing’
According to “two folks accustomed to the matter,” the cryptocurrency lending firm Celsius is working with the monetary large Citigroup so as to get recommendation...