Top Stories This Week FTX creditor list shows airlines, charities and tech firms caught in collapse The complete list of creditors owed money by the bankrupt cryptocurrency exchange FTX has been relea...
Tag: 1.2B
Leaked Docs Show BlockFi Had Over $1.2B Tied to FTX Ecosystem
The bankrupt crypto lender’s leaked financials include $831M+ in loans to Alameda Research. Embattled crypto lender BlockFi mistakenly released financial documents that showed that it had $1.25 billio...
BlockFi Creditor Committee Advisor Reveals $1.2B Exposure to FTX, Alameda Research
The now-bankrupt crypto lending firm BlockFi has reportedly more than $1.2 billion in assets linked to FTX and Alameda Research, the two companies founded by the fallen crypto mogul Sam Bankman-Fried....
BlockFi has no ‘secret financials’ after filings show $1.2b exposure to FTX, Alameda
Failed crypto lender BlockFi says it “disclosed accurate information” to a New Jersey bankruptcy court after an unredacted court filing showed the firm has a $1.2 billion exposure to troubled exchange...
Unredacted document shows $1.2B in BlockFi assets linked to SBF
Bankrupt lender BlockFi was revealed to have more than $1 billion in assets linked to FTX and Alameda Research when a creditor committee accidentally published unredacted financial records. As reporte...
BlockFi’s Financials Show $1.2B FTX Exposure
BlockFi, a crypto lending company, had more than $1.2 billion in assets connected to FTX and Alameda Research, according to financial records that were mistakenly released without redactions on Tuesda...
North Korean hackers stole $1.2B of crypto over the last five years
North Korean hackers have stolen around $1.2 billion in cryptocurrency and other virtual assets over the past five years, most of which were stolen in 2021 alone. A report by the Daily Mail cites an i...
North Korean hackers reportedly stole $1.2B in crypto since 2017
South Korea’s National Intelligence Agency (NIS) reportedly revealed that state-sponsored North Korean hackers stole $1.2 billion worth of crypto assets in the last five and a half years and the count...
Binance becomes final destination of Voyager with potential $1.2B acquisition
Binance recently emerged as the winner of a bid to acquire Voyager. BNB seemed to have reacted positively to the news after days of a downtrend. The recent high volatility seen by Binance [BNB] was no...
Sam Bankman-Fried’s Crumbling FTX Empire Holds $1.2B Cash Reserves
About $751 million of that is held in debtor entities and the rest, $488 million, is in non-debtor entities, according to the document, filed on Monday by FTX’s proposed financial advisor, Alvar...
Galaxy Digital pulled out of the $1.2B merger because it could not afford it, says BitGo
BitGo said that Galaxy Digital’s decision to pull out of the merger deal has nothing to do with its financial statements but with Galaxy’s inability to finance the deal owing to its loss of over $661 ...
Galaxy ‘Concocted’ Story to Walk From $1.2B Merger, BitGo Says
Galaxy Digital and BitGo are locked in a legal battle over a scuttled merger deal initiated last year Galaxy claims BitGo’s auditing standards were insufficient, which BitGo denies Galaxy Digital’s de...
Hacker Prints 1.2B AUSD On Acala Network, AUSD Depegs After The Exploit – crypto.news
This year has been rough for stablecoins as several stablecoins have depegged from the USD. On August 14th, the AUSD (Polkadot-based stablecoin) of Acala Network dropped below $1. Reports revealed tha...
Galaxy Digital Abandons $1.2B BitGo Acquisition
After BitGo failed to provide its audited financial statements for the year 2021, Galaxy Digital announced on Monday that it has canceled the $1.2 billion proposed acquisition of the crypto custodian....
Crypto Custody Firm BitGo to Sue Galaxy Digital for Abandoning $1.2B Merger Agreement
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DeFi Protocol Acala Network Hacked of 1.2B AUSD Stablecoin
2 seconds ago | 2 mins read Defi News The Polkadot parachain Acala implements the Horizon cross-chain stablecoin protocol. The attackers’ excessive minting of aUSD stablecoin caused its value to plumm...
Genesis Files $1.2B Claim Against Three Arrows Capital
Crypto broker Genesis Global Trading, has filed a $1.2 billion claim against the now insolvent Three Arrows Capital, according to a 1,157-page court filing uploaded by bankruptcy trustee Teneo. Genesi...
Celsius is bankrupt with $1.2B balance sheet hole, Su Zhu returns to Twitter and OpenSea purges 20% of employees: Hodler’s Digest, July 10-16
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
Celsius Faces Heat for $1.2B Balance Sheet Hole, Customers Owed $4.7B
Celsius has $5.5 billion in liabilities and $4.3 billion in assets, a filing from Thursday shows It has 23,000 loans to retail borrowers in the amount of $411 million A new filing from Celsius lays ou...
Celsius Acknowledges $1.2B Hole in Balance Sheet
The document, which was filed to the U.S. Bankruptcy Court of the Southern District of New York, shows that Celsius holds $4.3 billion of assets and $5.5 billion of liabilities. In its list of assets,...