Join Our Telegram channel to stay up to date on breaking news coverage Crypto exchange Bitvavo expects Digital Currency Group (DCG) to fulfill at least 80% of its obligations to the exchange. What: Bi...
Tag: Bitvavo
Bitvavo will receive 80% of DCG debt
Bitvavo just released a statement announcing that they expect to receive at least 80% of the debt owed to them by DCG. According to incoming reports, Digital Currency Group currently owes Bitvavo, a ...
Bitvavo expected to receive at least 80% of DCG’s debt
Crypto exchange Bitvavo is expecting Digital Currency Group (DCG) to repay at least 80% of its debt to the exchange, according to a Reuters report. DCG owes €280 million to Bitvavo — which equates to ...
Bitvavo Crypto Exchange Rejects 70% Repayment Plan from DCG
Bitvavo – a Dutch bitcoin exchange – has rejected a proposal from the Digital Currency Group (DGC) headed by Barry Silbert to repay approximately 70 percent of the debt owed to it by Genesis Trading. ...
Bitvavo Rejects DCG’s 70% Debt Repayment Offer
The cryptocurrency exchange Bitvavo, which is a significant creditor of the financially challenged cryptocurrency startup Digital Currency Group (DCG), has rejected DCG’s proposal of partial deb...
Dutch exchange Bitvavo rejects DCG’s proposal to repay 70% of debt
Cryptocurrency exchange Bitvavo, a major creditor of the troubled crypto company Digital Currency Group (DCG), has dismissed DCG’s proposal of partial debt repayment. Bitvavo officially announced on J...
Bitvavo rejects DCG’s 70% repayment proposal
Bitvavo, a Dutch crypto exchange, has rejected a 70% repayment proposal from Digital Currency Group (DCG). DCG is currently experiencing a liquidity crunch. For Bitvavo, it’s an all-or-none situation...
Bitvavo protests the 70% repayment offer by DCG
Bitvavo claimed that Digital Currency Group (DCG) owned more assets than they were willing to owe up. Events leading up to the offer go back to the bankrupt Genesis Capital, owned by DCG. Multiple par...
Bitvavo rejects DCG’s 70% repayment proposal
Crypto exchange Bitvavo rejected Digital Currency Group’s (DCG) proposal to repay 70% of its debt because the embattled firm has sufficient funds to make full repayment, according to a Jan. 10 stateme...
Bitvavo rejects DCG’s partial loan repayment offer
Bitvavo has rejected an offer by Digital Currency Group to pay part of the €280 million ($297 million) owed by its beleaguered crypto lending subsidiary Genesis, the Dutch crypto exchange said on Tues...
Bitvavo Claims DCG Has Liquidity Issues, Exchange Funds Unaffected
As the fallout from the FTX implosion continues to unfold across the pond, DCG Group is also said to be dealing with liquidity issues and has halted repayments “until liquidity issues have been resolv...
Dutch Bitcoin Exchange Bitvavo Alleges Digital Currency Group Is Having ‘Liquidity Problems’
Dutch cryptocurrency exchange Bitvavo says it has 280 million Euros ($297 million in USD) stuck with Digital Currency Group (DCG), or 17.5% of the $1.6 billion Euros Bitvavo says it manages in deposit...
Crypto exchange Bitvavo attempts to acquire its $300m from struggling DCG
The struggling cryptocurrency venture capital business DCG owes the Dutch cryptocurrency exchange Bitvavo nearly $300 million, and Bitvavo has said that it is attempting to get the funds back from DCG...
Crypto exchange Bitvavo is trying to get nearly $300m from DCG
The struggling cryptocurrency venture capital business DCG owes the Dutch cryptocurrency exchange Bitvavo nearly $300 million, and Bitvavo has said that it is attempting to get the funds back from DCG...
Bitvavo suspends repayments citing liquidity issues
Digital Currency Group’s Bitvavo, which manages $296.7 million (280 million euros) in deposits and digital assets for off-chain staking services, recently experienced liquidity issues due to the bear ...
Crypto exchange Bitvavo says €280m are locked at DCG
Bitvavo claims that €280 million of its funds are locked at DCG. The organization claims that this will not affect users’ finances. Bitvavo explains DCG’s troubles won’t affect users Amid the crypto d...
Bitvavo to prefund locked DCG assets worth $296.7M amid liquidity crisis
The Digital Currency Group and its affiliates (DCG), which manages $296.7 million (280 million euros) in deposits and digital assets of crypto exchange Bitvavo for off-chain staking services, suspende...
Bitvavo unable to access 280 million euros held at DCG
Dutch cryptocurrency exchange Bitvavo said it can’t access 280 million euros ($297 million) held at Digital Currency Group, according to a company blog post.Bitvavo also said the U.S.-based Digital Cu...
Crypto exchange Bitvavo owed up to $300M by Genesis
Listen to this article. European crypto exchange Bitvavo is part of the so-called creditors’ committee that is trying to wrestle more than $1.8 billion back from Barry Silbert’s Genesis Trading and it...
Crypto exchange Bitvavo chasing $500M from Genesis, sources
European crypto exchange Bitvavo is part of the so-called creditors’ committee that is trying to wrestle more than $1.8 billion back from Barry Silbert’s Genesis Trading and its parent company, Digita...
European crypto exchange Bitvavo adds support for SOFORT to fund accounts » CryptoNinjas
Bitvavo, a European-based cryptocurrency exchange, has now announced the addition of SOFORT to its list of supported European payment methods. A convenient and reliable payment method used by over 85 ...
European exchange Bitvavo links with Mercury Redstone to allow easy access to crypto indices » CryptoNinjas
Bitvavo, a European crypto exchange company, has announced a new partnership with Mercury Redstone, an Amsterdam-based digital asset management firm specializing in index investing. This collaboration...