Cryptocurrency lending platform Celsius has fired about a quarter of its workforce, days after assuring customers that it is working hard to fix its withdrawals and liquidity issues, according to repo...
Tag: Embattled
Embattled Crypto Hedge Fund Three Arrows Capital Files for Chapter 15 Bankruptcy – Bitcoin News
The troubled crypto hedge fund Three Arrows Capital Ltd., otherwise known as 3AC, has filed for bankruptcy according to recent court filings. The court papers show 3AC is aiming for an ancillary Chapt...
FTX Reportedly Set To Buy Embattled BlockFi At 99% Below Company Valuation ⋆ ZyCrypto
Advertisement     FTX, a Bahamian cryptocurrency derivatives exchange, is reportedly close to finalizing a deal that will enable it to acquire embattled crypto lender ...
FTX closes in on a deal to buy embattled crypto lender BlockFi for $25 million in a fire sale
Sam Bankman-Fried, chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, Dec. 8, 2021....
Whales Have Quietly Triggered a 900% Surge for Embattled Crypto Asset, According to Analytics Firm Santiment
A leading analytics firm says whales are accumulating the native token of an embattled crypto lending firm over the past week and a half. According to Santiment, large buyers have been accumulating CE...
Crypto platform Voyager Digital shares plunge 60% after revealing $665 million exposure to embattled hedge fund; considers issuing default notice
Crypto platform Voyager Digital Ltd. VOYG, -52.50% shares plunged more than 60% Wednesday after the company said its subsidiary Voyager Digital LLC, may issue a notice of default to embattled crypto ...
Embattled Celsius CEO Alex Mashinsky Breaks 3-Day Silence
Three days after crypto lender Celsius abruptly announced that it was pausing all customer withdrawals, swaps, and transfers, the beleaguered company’s CEO, Alex Mashinsky, has finally broken his sile...
US Court Orders Embattled Terra (LUNA) Founder Do Kwon To Comply With SEC Subpoena
Terraform Labs CEO Do Kwon will be required to cooperate with an inquiry issued by the U.S. Securities and Exchange Commission (SEC). In a new ruling, a court in New York City has denied an appeal Kwo...
Korean Police Seek To Freeze Assets Linked To The Embattled Luna Foundation Guard ⋆ ZyCrypto
Advertisement     According to local media reports, South Korean police are looking to freeze Luna Foundation Guard’s funds following this month’s historic collapse of...
Terra’s Do Kwon Lays Out Plan to Revive Embattled Network
Alex Dovbnya Do Kwon has introduced his plan to revive the embattled cryptocurrency project In a recent post published on a Terra-related forum, Do Kwon has laid out his plan to revive the embattled b...
Embattled Luna Delisted By Major Exchanges As Price Plummets To Unprecedented Low
Major exchanges such as Binance, eToro, Bybit, BitMex, and others have decided to delist LUNA in an effort to protect traders after recent events surrounding Luna and the UST. Prior to recent events, ...
Luna Foundation Guard Looks To Raise $1 Billion To Shore Up Embattled UST
The Luna Foundation Guard is looking to raise $1 billion from investors as the dollar-pegged stablecoin plummeted to nearly half its value amidst turmoil in the broader market. According to reports, t...
Embattled Electric Truck Maker Nikola Delivers Good News
Nikola (NKLA) – Get Nikola Corporation Report just kept a promise. The electric truck manufacturer has just taken an important step in its young history. And it’s a step that could chang...
Embattled BitMEX Co-Founders to Pay $30M in Civil Fine
The United States District Court for the Southern District of New York (SDNY) has pronounced a combined Civil monetary fine of $30 million for the three embattled BitMEX exchange co-founders indicted ...
How crypto became a major source of relief for embattled Ukraine
“Crypto became the largest driver for humanitarian help as well as some of military help for Ukraine,” said Illia Polosukhin, the co-founder of Near Protocol. Polosukhin, who was born and raised in K...
China’s Embattled Evergrande Says It Can’t Publish Annual Report On Time
A view of evergrande Center office building in Shanghai, China.(Photo credit should read Wang Gang / … [+] Costfoto/Future Publishing via Getty Images) Future Publishing via Getty Images China E...
Ex-Wife Accuses Eric Greitens—Missouri Senate Candidate And Embattled Former Governor—Of Abuse
Topline The ex-wife of Missouri Senate candidate Eric Greitens (R) accused him of violent behavior in documents filed Monday in a child custody case, the Washington Post and Associated Press reported,...
GM sells its stake in embattled EV start-up Lordstown Motors
The Lordstown Motors factory is where GM once operated, in Lordstown, Ohio, on October 16, 2020. Megan Jelinger | AFP | Getty Images General Motors sold its stake in Lordstown Motors during the fourth...
Crypto Exchange Executives Rally Behind Ukraine As Donations Continue To Pour Into Embattled Nation
A host of crypto exchange executives are putting their support behind Ukraine as Russia continues its invasion of the Eastern European nation. Crypto.com CEO Kris Marszalek tells his 146,400 Twitter f...
Embattled Electric Truck Maker Nikola Makes a Big Promise
When Nikola (NKLA) – Get Nikola Corporation Report Mark Russell said the electric truck maker had an extraordinary year in 2021, nobody argued with him. Russell was detailing the company’...