Crypto lending firm BlockFi has announced it will disclose information on its assets and liabilities as well as payments received prior to its bankruptcy filing in November. In a Jan. 9 Twitter thread...
Tag: Assets
BlockFi to file assets and liabilities following bankruptcy declaration
BlockFi has announced that it will disclose its assets, liabilities, and payments received prior to its bankruptcy filing in November 2022. Last year, FTX, Celsius Network, and Voyager Digital declare...
Nearly $12 Billion Vanishes From Binance’s Assets; What’s Going On?
According to a recent analysis, crypto investors have started withdrawing their digital assets from the Binance crypto exchange in recent weeks following the demise of the rival FTX. And, in spite of ...
BlockFi to Unveil Assets & Liabilities Statement This Week
Bankrupt cryptocurrency company BlockFi announced that it would publish financial information on Wednesday. The info will cover assets, liabilities, and payments made before the bankruptcy filing. Cry...
Binance Lost $12 Billion in Assets Due to User Withdrawals
53 mins ago | 2 mins read Exchange News Binance users withdrew a total of $360 million on Friday, according to recent statistics. Binance Coin (BNB) has lost 29% of its value in the last two months. D...
Binance Loses $12 Million in Assets in Under Two Months
Binance has reportedly lost almost 25% of its assets in less than 60 days as CEO Changpeng ‘CZ’ Zhao runs the exchange without a chief financial officer. A recent Forbes analysis reveals over $12 bill...
Almeda Research and SEC oppose Binance’s plan to purchase Voyager’s assets
Voyager, a bankrupt digital lender, has labeled Alameda Research’s recent allegations concerning its bargain with Binance.US “baseless.” Last week, Alameda issued a scathing filing regarding the propo...
Shiba Inu (SHIB) and XRP Whales Abruptly Move Over $116,000,000 Worth of Crypto Assets Over the Weekend
Deep-pocketed Shiba Inu (SHIB) and XRP holders were active over this weekend, mysteriously shuffling crypto assets worth tens of millions of dollars. First reported by blockchain tracking service Whal...
U.S. trustee objects to FTX’s plans of selling strategic assets
A United States trustee filed a legal objection on Saturday to stop FTX’s plans to liquidate some of its installations and critical assets, including a clearing house LedgerX and its subsidiaries in J...
AEX exchange liquidating traditional assets to settle debts
AEX exchange has announced strategic plans to liquidate some its traditional assets to repay debtors. Troubled exchange AEX under siege Assets to be liquidated include box office and TV income rights ...
Trading in unbacked digital assets should be treated as gambling: ECB Executive board member
High leverage, interconnectedness and the lack of a governance structure triggered the ‘chain’ of bankruptcies in 2022. The board member believes the world lost faith in crypto in 2022. Crypto has “fu...
Here’s How Crypto Is Already Addressing FDIC Fed Joint Statement on Risk Assets
The Federal Reserve and FDIC (Federal Deposit Insurance Corporation) released a joint statement on Tuesday, Jan 3. The paper describes the risks of holding digital assets. But here are some of the way...
FTX, Bahamian FTX DM reach agreement on info sharing, disposition of property, assets
The FTX Debtors, made up of FTX and its affiliated debtors, and FTX Digital Markets (FTX DM), the Bahamian subsidiary of FTX, announced Jan. 6 that they have reached a cooperation agreement regarding ...
Balancer Warns of Potential Exploit, Asks LPs to Withdraw Assets
DeFi protocol Balancer asked liquidity providers to remove their liquidity immediately from some pools because of a security issue. In a Jan. 6 Twitter thread, the DeFi protocol revealed that the affe...
Lula Team Wants to Halt Petrobras Sale of Natural Gas Assets
(Bloomberg) — Brazil’s state-controlled oil giant Petrobras should abandon planned divestments in refining and natural gas and expand in those areas instead, according to a detailed report from ...
XRP Whales Move Assets As Price Dips, What’s Next?
The crypto market is still recording the swings of the prevailing crypto winter, especially XRP. Most of the assets have not been impressive in their price movements. According to data from CoinMarket...
Juno advises users to ‘self-custody’ or ‘sell’ their crypto assets
Crypto firm Juno advised its customers to self-custody or sell their crypto assets due to uncertainty with its crypto partner in a Jan. 4 Twitter thread. The crypto firm advised this because it does n...
Sam Bankman-Fried Might Lose Robinhood Assets To FTX Debtors
In the latest update, Sam Bankman-Fried (SBF), former CEO of a bankrupt crypto exchange FTX, requests the court to block debtors’ access to his Robinhood shares. A report announced by US prosecutors r...
SEC Puts Objection to Binance.US $1 Billion Acquisition Deal for Voyager Assets
The SEC wants to know how Binance.US is going to facilitate such a huge transaction. Last month, Binance.US proposed a $1 billion acquisition deal to get its hands on the assets of bankrupt crypto len...
SEC Objects to the $1,000,000,000 Binance.US Bid To Acquire the Assets of Bankrupt Crypto Platform Voyager
The U.S. Securities and Exchange Commission (SEC) is refusing to approve the proposal of crypto exchange Binance’s US subsidiary to acquire more than $1 billion worth of assets owned by bankrupt crypt...
Thailand NFT Market Intelligence and Future Growth Dynamics Databook 2022: 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels 2019-2028 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Thailand NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added ...
Crypto bank Silvergate sees two thirds of clients withdraw assets
Customers of US bank Silvergate, which provides cryptocurrency services, have withdrawn over $8bn (£6.7bn) of their crypto-linked deposits. Customers pull deposits Around two-thirds of the bank’...
‘Earn’ Assets Belong To Celsius, Crypto Daily TV 6/1/2023
In Todays Headline TV CryptoDaily News: Celsius ‘Earn’ assets belong to bankrupt crypto lender. The chief U.S. bankruptcy judge in the Southern District of New York said in a court order t...
Israel’s Securities Watchdog Seeks to Regulate Crypto Assets – Regulation Bitcoin News
The body overseeing the securities market in Israel is taking steps to incorporate rules for digital assets into the existing legislation. The regulator released a draft proposal to introduce the chan...
Silvergate sold assets at loss and cut staff to cover $8.1B in withdrawals: Report
The FTX debacle has triggered a bank run on Silvergate, causing the company to sell off its assets at a loss and cut staff by 40% to cover $8.1 billion worth of customer withdrawals. According to a re...
Federal judge gives Celsius Network control of $4.2b in client assets
Chief Judge Martin Glenn of the United States Bankruptcy Court for the Southern District of New York, in a Jan. 4 ruling, said the $4.2 billion of assets that had been locked in Celsius Network LLC’s ...
SEC Intervenes in Binance US Acquisition of Bankrupt Crypto Lender Voyager Digital’s Assets – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has intervened in the asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital. The securities regulator explained that ...
Silvergate sold assets at loss to cover withdrawals, laid off 40% of workers
The collapse of FTX sparked a bank run on Silvergate, forcing the financial institution to sell assets at a steep loss to cover some $8.1 billion in withdrawals. The bank has also laid off 40% of its ...
Latin America NFT Market Intelligence and Future Growth Dynamics Databook 2022: 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels 2019-2028 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Latin America NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been a...
Silvergate Capital bank forced to sell assets at loss, fires 40% of staff
Silvergate Capital was forced to sell assets at a loss in order to cover an $8.1 billion bank run. In response to the crisis, Silvergate laid off approximately 200 employees — 40% of its staff — and a...
SEC Says No To Binance’s Acquisition Of Voyager Digital Assets
Last month, bankrupt crypto lender Voyager Digital accepted Binance.US’s bid to purchase its assets for over $1 billion. This had come through after the collapse of FTX, the exchange that was original...