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Tag: Insolvent
Circle reveals $3.3 billion in USDC reserves remain at insolvent Silicon Valley Bank – Cryptopolitan
Concerns are rising within the cryptocurrency industry following the revelation that $3.3 billion of the approximately $40 billion in USDC reserves remain at Silicon Valley Bank (SVB). This news comes...
Court Approves Binance U.S to Purchase Assets of Insolvent Voyager
6 seconds ago | 2 mins read Exchange News Voyager will sell Binance the assets worth $1 billion under the supervision of a US court. The judge voiced his displeasure with the SEC’s decision to halt th...
Insolvent Voyager Digital Starts Liquidating Crypto Assets to Coinbase
Voyager Digital and Binance US have agreed on a price for the exchange’s holdings. The insolvent firm has 268 million ETH, 236 million USDC, and 77 million SHIB. After declaring bankruptcy in July 202...
Bed Bath & Beyond Stock Price Prediction: Is BBBY Insolvent ?
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Celsius was insolvent since inception, court-appointed examiner reveals
According to the report by a court-appointed examiner for its bankruptcy proceedings, the collapsed cryptocurrency lending platform Celsius Network had cheated customers since its foundation as a publ...
Insolvent Core Scientific Files Petition For Selling $6.6M Bitmain Coupons
15 mins ago | 2 mins read Bitcoin News According to the filing, the vouchers are essentially worthless to Core Scientific. Core Scientific said that it will not be purchasing any more S19 miners. As s...
Stellar Foundation Has $13 Million Exposure To Insolvent Genesis
5 hours ago | 2 mins read Defi News The foundation extended a loan of roughly $13 million to Genesis in 2022. Digital Currency Group (DCG) is the parent company of Genesis. On Thursday, Genesis, a str...
Founders of Insolvent Three Arrows Starting New Exchange ‘GTX’
9 hours ago | 2 mins read Exchange News The founders are looking to raise $25 million to start a new exchange called GTX. GTX plans to join the stock securities loan industry, which is predicted to be...
NBA Behemoth Miami Heat Ends Affiliation With Insolvent FTX
6 hours ago | 2 mins read Exchange News The court ruled that the Miami Heat may remove the platform’s initials from its arena. The basketball team and FTX began their cooperation after signing a $135 ...
Thailand SEC Reportedly Investigating Insolvent Zipmex Exchange
13 hours ago | 2 mins read Exchange News The sale of digital asset services and goods will be scrutinized by the regulator. Zipmex declared bankruptcy after repeated attempts to resolve its financial ...
Binance CEO’s targeted crash made Alameda insolvent, claims SBF
SBF claims that Binance CEO’s targeted crash led to the downfall of Alameda The former CEO said he would give nearly all his personal assets to FTX International customers The founder of the bankrupt ...
BlackRock Offers $17M Loan To Insolvent Mining Firm Core Scientific
13 seconds ago | 2 mins read Bitcoin News BlackRock is Core Scientific’s biggest shareholder. On December 21st Core Scientific, filed for Chapter 11 Bankruptcy. According to a U.S. Securities and Exch...
Is Binance Insolvent? Will BNB Price Carry the Same Fate As FTT-Decode the Truth?
Binance FUD is prevailing within the crypto space which is heavily impacting not only the BNB price but for the entire markets Binance exchange recently faced rumors regarding insolvency due to which ...
Binance.US To Pay $1.02 Billion To Get Insolvent Voyager Digital’s Assets ⋆ ZyCrypto
Advertisement     Binance.US, the American entity of the eponymous global exchange, has agreed to buy the assets of the now-bankrupt crypto brokerage firm Voyager Digi...
Celsius Chapter 11 Update and Galaxy’s Acquisition of GK8
December 7, 2022, 10:16AM EST • 3 min read Quick Take Galaxy Digital agrees to purchase GK8 from Celsius for ~$44.0mm Required escrow deposit of ~$5.4mm from November 3, 2022 agreement Celsius KERP a...
Insolvent Crypto Lender ‘Celsius’ Granted Extension by Court
10 seconds ago | 2 mins read Defi News Celsius has a few more months to submit a Chapter 11 reorganization plan. The crypto lending firm had declared bankruptcy on July 13. The exclusivity period for ...
Orthogonal Trading is “Effectively Insolvent,” According to Maple Finance
Blockchain-based capital marketplace Maple Finance has cut ties with digital asset hedge fund Orthogonal Trading on allegations that the latter misrepresented its financial statements. Maple said ass...
$35.6M Seized From Insolvent Three Arrows Capital’s Bank Account
51 seconds ago | 2 mins read Defi News Teneo is looking to recoup $30 million from the sale of the superyacht “Much Wow.” The founders of Three Arrows used corporate assets to buy a superyacht. The li...
Insolvent Compute North Sells $1.55M Worth Assets to Rival
11 hours ago | 2 mins read Bitcoin News Compute North has sold part of its assets to Bitcoin mining company Crusoe Energy. Crusoe Energy in Colorado utilizes gas emissions to fuel cryptocurrency minin...
Genesis Trading And Grayscale To Get Insolvent After FTX ?
Crypto Live News Author: Delma Wilson Nov 16, 2022 16:31 Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play...
KuCoin CEO officially denies rumours of exchange being ‘insolvent’
As the sell-off in the cryptocurrency market continues, sparked by the FTX liquidity crisis spilling over to other participants in the sector, the CEO of KuCoin decided to publicly address the allegat...
How Will Justin Sun Provide Support To Insolvent FTX Exchange?
After Binance backed out of the FTX acquisition deal, justin sun justin sun founder at tron Justin Sun is the founder of Tron and CEO of BitTorrent. He has become quite possibly the most renowned fi...
Bitcoin Price Predictions As FTX Goes Insolvent (Breaking)
The Bitcoin (BTC) price is up after spiking to an intra-week high of $21,515 on several exchanges. The Federal Open Market Committee’s (FOMC) decision to raise interest rates by 0.75% again and...
Billionaire Sam Bankman-Fried Counters Speculation That His Crypto Empire Could Become Insolvent
Billionaire Sam Bankman-Fried is countering rumors that his crypto empire is relying on a balance sheet dominated by FTX Token (FTT). A purported balance sheet from Alameda Research spurred speculatio...
Finalized Auction Dates for Insolvent Celsius Network’s Assets – crypto.news
The assets of the insolvent crypto lender Celsius Network Ltd. will be sold on specific dates. The final bid deadline for Celsius will be October 17 at 4 p.m. If an auction is necessary, it will take ...
Celsius Had Been Insolvent Since 2019: Vermont Regulator
Vermont state officials have asked for broader powers to investigate Celsius, alleging that the troubled cryptocurrency exchange artificially inflated the price of its CEL token at the expense of reta...
0.3% fall in assets “could render Tether technically insolvent” — WSJ
An article in the Wall Street Journal (WSJ) has claimed that Tether’s balance sheet is in a position that even a 0.3% drop in value of its reserve assets could “render Tether technically insolvent.” I...
Coinbase Rumors Going Insolvent Grow – Here’s What People Are Saying
Insolvency rumors regarding Coinbase, the largest US-based crypto exchange, going insolvent are currently circulating in the virtual stratosphere. Are they true? It’s not clear yet. What is clear thou...
Will Crypto Exchange Coinbase Become In-Solvent?
Coinbase CEO Brian Armstrong is shutting down the platform’ affiliate market program in the U.S. Crypto YouTuber Ben Armstrong advises Coinbase investors to “tread lightly.” Coinbase is also winding d...
Insolvent Celsius Network Has A Balance Sheet Difference Of $1.2 Billion! Here’s What CEO Has To Say – Coinpedia – Fintech & Cryptocurreny News Media
The ongoing case of the Crypto lender, celsius network celsius network [email protected] Lending & Borrowing Followers : 0 View profile , has a new twist every day that’s being brought into the sp...
Crypto Lender Celsius Is ‘Deeply Insolvent’, Says Vermont’s Financial Regulator
On Tuesday, the Vermont Department of Financial Regulation (DFR) alerted investors to exercise caution with the crypto lender Celsius. It called the lender “deeply insolvent” and operated without a p...