Christine Okike said BlockFi remains safe and looked to access significant cash held with Silicon Valley Bank yesterday. Despite the Silicon Bank exposure, a BlockFi bankruptcy lawyer maintains that ...
Tag: lender
DeFi Lender Euler Finance Drained of $197M In Flash Loan Exploit
Decentralized finance (DeFi) platform Euler Finance has reportedly suffered an exploit of approximately $196.9 million, per audit platform BlockSec. The attacker nabbed $8.7 million in the decentraliz...
Crypto Lender Euler Finance Falls Prey To $197 Million DeFi Flash Loan Attack
– Advertisement – Summary: Euler Finance was drained of DAI tokens, staked Ether, USDC, and wrapped Bitcoin after a flash loan attack. On-chain security firms BlockSec and Peckshield said ...
FDIC Forms Deposit Insurance for Troubled Crypto Start-up Lender SVB
The FDIC said depositors would have access to their insured deposits. Silicon Valley Bank has over $209 billion in assets and $175.4 billion in total deposits. Binance CEO mocked US critics as two ban...
Defunct Crypto Lender BlockFi Has $227 Million in Uninsured Funds with Troubled Silicon Valley Bank
Air pollution is a significant public health concern worldwide, and recent studies have found high levels of air pollution in major cities around the world. The issue is particularly prevalent in deve...
Bankrupt crypto lender BlockFi reveals $227M exposure to Silicon Valley Bank
Bankrupt crypto lender BlockFi has revealed a $227 million exposure to Silicon Valley Bank. BlockFi’s deposits are not insured by the FDIC since they were invested in a money mutual market fund. Bankr...
Bank stocks plummet as fears over US lender sparks selloff
Banking stocks have plunged after concerns were triggered by a struggling US lender – Daniel LEAL / AFP Stock markets have plunged in London and across Europe as concerns over the US banking sec...
DeFi lender Tender.fi suffers exploit, white hat hacker suspected
An alleged ethical hacker has drained $1.59 million from the decentralized finance (DeFi) lending platform Tender.fi, leading the service to halt borrowing while it attempts to recoup its assets. Web3...
Bankrupt Crypto Lender Still Holds 5.1 Trillion SHIB Despite Selling
According to Lookonchain, bankrupt crypto broker Voyager continues selling its assets and has reportedly sold a significant chunk of its SHIB holdings. Despite this, it still holds onto a significant ...
5,170,000,000,000 Shiba Inu (SHIB) Worth $57,283,600 Now In Control of Embattled Crypto Lender
The bankrupt crypto lender Voyager is not done selling its huge holdings of Shiba Inu (SHIB), according to new on-chain data. The analytics firm Lookonchain has released an update on how much crypto t...
Crypto lender Celsius converts almost 23,000 WBTC into bitcoin
Beleaguered crypto lender Celsius converted 22,962.8 WBTC into bitcoin on Feb. 28. The transaction occurred with the consent of the Celsius creditor committee, according to a filing in the lend...
Xapo Bank Becomes 1st Lender To Enable Near-Instant Bitcoin Payments
Xapo Bank announced it has integrated the Lightning Network and formed a partnership with Lightspark. This collaboration will make the organization the first private bank to accept Lightning payments ...
Binance leads Voyager asset race but lender may face $60B fines
In July 2022, Voyager Digital filed for Chapter 11 bankruptcy, and for more than seven months, its customers have been fighting to get their money back. Soon, Binance could emerge as the winning suito...
Crypto Lender Voyager Says Majority of Customers Voted for Restructuring Plan With Binance.US
A majority of the company’s creditors also voted to opt their claims into a “wind-down entity,” according to a breakdown of votes included in a declaration by Stretto director Letici...
Nexo user sues crypto lender, alleging millions in asset losses
Policy • March 1, 2023, 11:06AM EST A California resident filed a complaint against crypto lender Nexo citing harm from the firm’s “fraudulent inducement” to take out loans. John Cress had a N...
300,000,000,000 Shiba Inu (SHIB) Sent to Coinbase As Bankrupt Lender Empties $700,000,000 Holdings: On-Chan Data
Bankrupt crypto lender Voyager is sending large amounts of crypto assets to Coinbase as the firm continues to deal with its distressed balance sheet. According to blockchain intelligence firm Arkham, ...
SBI Japan Acquires Crypto Lender Company HashHub
Ripple’s major partner in Japan, SBI, announced the acquisition of crypto lender company HashHub. Following the acquisition, SBI will directly enter into the crypto lending business. SBI plans to tran...
6,500,000,000,000 Shiba Inu Worth $81,000,000 in Bankrupt Crypto Lender Voyager Reserves: Analytics Firm
On-chain data shows that trillions of Shiba Inu (SHIB) tokens remain in the reserves of bankrupt crypto lender Voyager. The blockchain-tracking firm Lookonchain says Voyager’s reserves amount to $631 ...
Bankrupt Crypto Lender Voyager Selling Assets via Coinbase Exchange
Voyager Digital, a cryptocurrency lending platform, is reportedly selling its digital assets through Coinbase Exchange while facing bankruptcy proceedings. The company has been transferring various ty...
Subprime Auto Lender American Car Center Closes for Business
(Bloomberg) — American Car Center told employees the business was closing its doors, a day after it pulled a $222 million bond sale from the market, according to people familiar with the matter....
Decentralized Lender TrueFi’s TRU Token Rallies Over 200% After Binance Minting TrueUSD Sparks Speculation
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250 Billion Shiba Inu (SHIB) Transferred by Bankrupt Crypto Lender, Here’s Surprising Destination
The Twitter account of the blockchain security firm PeckShield Alert reports that bankrupt crypto broker Voyager has moved $28.7 million worth of cryptocurrencies recently. PeckShield Alert gives a br...
250,000,000,000 Shiba Inu (SHIB) Abruptly Moved to Coinbase by Bankrupt Crypto Lender Voyager
New data reveals that bankrupt crypto lender Voyager Digital is suddenly moving hundreds of billions of Shiba Inu (SHIB) tokens to Coinbase. According to blockchain cybersecurity company Peckshield, t...
Crypto Lender Celsius to Be Acquired by Novawulf, Exiting Chapter 11 – Bitcoin News
Crypto lender Celsius’ committee of unsecured creditors has chosen the digital asset investment firm Novawulf Digital Management to sponsor the company’s reorganization plan, according to a statement ...
Sale of bankrupt crypto lender Celsius to Wall Street’s NovaWulf
The Celsius Network committee of unsecured creditors has put forward a filing to sell the company to NovaWulf Digital Management. Plan to sell off Celsius assets A filing has been presented to the U.S...
Bankrupt crypto lender Celsius proposes sale plan to NovaWulf
Bankrupt crypto lender Celsius Network put forward plans for a sale to NovaWulf Digital Management. Smaller Celsius creditors with less than $5,000 in their lending accounts would receive the m...
Crypto lender Salt makes comeback with $64.4 million funding
The crypto winter and FTX collapse have decimated the ranks of cryptocurrency lenders. Genesis, BlockFi, Voyager Digital and Celsius Network all filed for bankruptcy in the past seven months, and the ...
Gala (GALA) Worth Millions of Dollars Shifted by Bankrupt Crypto Lender: Details
In recent hours, Blockchain Data Tracker (Whale Alert) has flagged two GALA transactions involving bankrupt crypto lender Genesis. The first was that of 135,000,000 GALA worth $7,432,830 transferred f...
Crypto Lender SALT Raises $64.4M to Resume Operations
“Crypto faced a perfect winter storm in 2022, taking with it significant industry participants like Terraform Labs, Voyager Digital, Celsius Network, Three Arrows Capital, FTX, and BlockFi. SALT was n...
Crypto Lender Genesis Reaches Principle Agreement with DCG
On Feb. 6, Genesis announced that it has arrived at a global resolution that will “maximize value” for all Genesis clients and stakeholders. The in principle agreement is with its parent company DCG a...
Troubled crypto lender Hodlnaut in talks with potential buyers
Crippled crypto lending platform Hodlnaut is reportedly in plans to liquidate its assets together with its FTX claims. Reports indicate that the firm is allegedly signing disclosure documents with pot...