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...

CEL Token Seen Making A Recovery Despite Celsius Going Bankrupt

Celsius (CEL) is currently witnessing a mid-crisis bounce. After registering for bankruptcy protection in the face of various probes, the token’s value transcended pressure and increased by more than ...

DeFiance Capital distances itself from bankrupt crypto fund Three Arrows Capital

DeFiance Capital, the crypto venture capital firm with ties to Three Arrows Capital (3AC), has distanced itself from the bankrupt hedge fund in a statement today. Sharing the statement exclusively wit...

Bankrupt crypto firm Celsius’s biggest creditor linked to FTX founder Sam Bankman-Fried

Crypto wunderkind Sam Bankman-Fried has had an outsize role as a lender and creditor during the recent crypto crackup. Now, it has emerged that Bankman-Fried has an unexpectedly deep connection to the...

Tezos co-founder says it is ‘completely unsurprising’ Celsius would go bankrupt

Kathleen Breitman, the co-founder of decentralized open-source blockchain platform Tezos, has said the current happenings in the crypto market, like companies filing for bankruptcy, should not come as...

After 1 Month Of Halting Customers’ Withdrawals, Giant Crypto Lender Celsius Goes Bankrupt ⋆ ZyCrypto

Advertisement &nbsp &nbsp Blockchain-based lending platform Celsius Network is officially bankrupt. The financial crisis that has remained dominant in the crypto space of late...

Investors lose life savings as Celsius goes bankrupt while CEL token loses 85% of its value in 2022

Investors in troubled cryptocurrency lending firm Celsius continue to incur losses after the company filed for bankruptcy, just weeks after freezing customer withdrawals. Following the freeze on withd...

CEL Token Price Plummets 50% As Celsius Goes Bankrupt

After the Celsius Network’s decision last month to freeze all transactions and withdrawals, the whole cryptocurrency market plummeted into a deep and gloomy sinkhole. This week there was some good new...

Celsius goes bankrupt – Dreams shattered for nearly two million investors

After a month of possible power plays, Celsius, the stricken crypto yield platform, has finally filed for Chapter 11 bankruptcy. This allows the firm time to stabilise the business and allows it to im...

Will Coinbase go bankrupt? Crypto CEO says there is ‘no risk of bankruptcy’

““We have no risk of bankruptcy.”” That’s a quote from Brian Armstrong, chief executive and co-founder of cryptocurrency exchange platform Coinbase COIN, -10.63%. In a series of tweets on May 10, Arms...

FDIC to Investigate Bankrupt Voyager Digital’s Insurance Claims

The Federal Deposit Insurance Corporation (FDIC) has launched a probe into the bankrupt crypto company Voyager Digital for allegedly deceiving users. FDIC is a consumer protection agency that insures ...

US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC Insurance – Coinotizia

The Federal Deposit Insurance Corporation (FDIC) is probing crypto lender Voyager Digital over claims that it is FDIC-insured. The crypto firm previously explained that through its strategic relations...

US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC Insurance – Regulation Bitcoin News

The Federal Deposit Insurance Corporation (FDIC) is probing crypto lender Voyager Digital over claims that it is FDIC-insured. The crypto firm previously explained that through its strategic relations...

Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars

Those of us anxiously awaiting a summer relief rally for Bitcoin (BTC) may have to wait a little while longer. The bear market is still cleansing us of our excess — and revealing the most toxic player...

Bitcoin Price Outlook for July — Traders Remain Concerned About Upcoming Fed Rate Hike and Bankrupt Crypto Firms – Market Updates Bitcoin News

During the first week of July, bitcoin prices have risen to their highest level since mid-June, coming as U.S. Non-Farm Payrolls handsomely beat expectations. However, as we head into the remaining we...

Alameda Research Owes Bankrupt Voyager $377M

According to Voyager Digital’s recent bankruptcy filings, crypto trading firm Alameda Research had heavily borrowed funds from the lending platform.  In a bizarre twist of fate, one of Voyager Digital...

Ondo Finance and Oasys Games Raising Funds, Voyager Runs Bankrupt, Central African Republic Launches Native Crypto – crypto.news

Fundraising continues with Ondo Finance and Oasys Games announcing successful rounds. Voyager files for bankruptcy and Singapore appears set on imposing sanctions to crypto trading. Ondo Finance Raise...

SBF’s Alameda Owing Bankrupt Crypto Broker $376 Million Is Interesting Twist, According to Binance’s CZ

Gamza Khanzadaev Changpgeng Zhao comments on Alameda’s debt to bankrupt crypto broker Voyager As became known from the disclosed bankrupt crypto broker Voyager report, Alameda Research, a crypto...

Sam Bankman-Fried’s Alameda Research Owes Bankrupt Voyager $377M

It’s not often a borrower bails out its lender, especially when it’s to the tune of hundreds of millions of dollars. Alameda Research, the firm founded by crypto billionaire Sam Bankman-Fried that las...

Crypto Lender Voyager Digital Goes Bankrupt After Three Arrows Collapse

Crypto lender Voyager Digital is the latest domino to fall in the tumultuous market for digital assets. Voyager Digital disclosed on Wednesday that it filed for bankruptcy on Tuesday with the U.S. Ban...

Bankrupt, Legal Issues & Sam Bankman-Fried

July started with a lot of negative news, pushing the price of top cryptocurrencies down at times. The price of bitcoin has fallen below the all-time high of the 2017 bull cycle for the first time. Th...

SPAC Led by Former Apple Executive Goes Bankrupt Less Than a Year After Going Public

(Bloomberg) — Enjoy Technology Inc., a retail startup founded by former Apple Inc. executive Ron Johnson, filed for bankruptcy on Thursday — less than a year after going public through a m...

Is Three Arrow Capital (3AC) Bankrupt?

The bubble eventually burst after weeks of silence from 3AC. Voyager Digital said Monday morning that it has issued a default notice on hedge fund Three Arrow Capital (3AC) after the firm failed to re...

Bankrupt Revlon’s Surge Draws Retail Investors as Trading Booms

(Bloomberg) — Retail investors dashed into Revlon Inc. again on Tuesday as a stronger appetite for risky assets led to a more than 30-fold jump in trading for the bankrupt cosmetics giant. Most ...

Ripple’s Lawyer Criticizes The SEC For Attempting To Bulldoze As Well As Bankrupt Cryptocurrency

The Securities and Exchange Commission (SEC) in the United States has purposefully muddied the regulatory waters for cryptocurrency […] We need to finally clean up this regulatory muck in order to unl...

Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto

Ripple general counsel Stu Alderoty has slammed the United States Securities and Exchange Commission (SEC) for trying to “bully, bulldoze, and bankrupt” crypto innovation in the U.S. in the name of ex...

Will Coinbase go bankrupt? | Cryptopolitan

The bearish crypto market has resulted in the loss of a huge amount. The investors continue to face hard times as they have lost a considerable amount. Coinbase, one of the leading crypto exchanges, h...

ELMS stock outlook as Electric Last Mile goes bankrupt

The Electric Last Mile Solutions (NASDAQ: ELMS) stock price is set to crash to zero after the company filed to go bankrupt. The stock ended the week at $0.51, which was about 96% below its all-time hi...

Billionaire Mike Novogratz says two-thirds of crypto hedge funds will go bankrupt

The cryptocurrency market has been going through some hard times recently, seesawing between red and green trading on a daily basis and leading certain crypto bulls to give some bleak predictions conc...

Kim Dotcom Says ‘US Is Beyond Bankrupt,’ Digital Entrepreneur Predicts a ‘Controlled Demolition of Global Markets’ – Coinotizia

On June 5, 2022, the entrepreneur and activist known as Kim Dotcom published a post on Twitter and said it “may be the most important thread” he ever makes concerning a major global collapse. In the t...

Kim Dotcom Says ‘US Is Beyond Bankrupt,’ Digital Entrepreneur Predicts a ‘Controlled Demolition of Global Markets’ – Economics Bitcoin News

On June 5, 2022, the entrepreneur and activist known as Kim Dotcom published a post on Twitter and said it “may be the most important thread” he ever makes concerning a major global collapse. In the t...

Unlike Coinbase, CZ Says Binance Will Refund Users First Before Shareholders If the Exchange Goes Bankrupt 

– Advertisement – Binance said it will put the interest of its users first before its shareholders in the event that the exchange goes bankrupt.   Following the recent debate over Coinbase...