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Tag: lender
Hodlnaut Becomes Latest Crypto Lender to Freeze Withdrawals
Key Takeaways Hodlnaut is the latest cryptocurrency lender to halt withdrawals and operations, citing “market conditions.” The firm has also withdrawn its application for a digital payment...
Crypto Lender Hodlnaut Freezes Withdrawals, Pulls Singapore Application
Law firm Damodara Ong is now working with Hodlnaut on a recovery plan The platform’s next update is scheduled on August 19 — two weeks from now Crypto lender Hodlnaut has frozen withdrawals, token swa...
Before Crypto Lender Celsius Crashed, CEO Alex Mashinsky Was Known for Big Ideas and Battles
For some 30 years, Alex Mashinsky barreled into whatever was the hot technology of the time, promising revolutions in long-distance calling, airport rides and, most recently, crypto. He often left a t...
Crypto Lender Voyager Digital To Return $270…
Beleaguered crypto lender Voyager Digital has been cleared to return some of the customer funds locked up at the Metropolitan Commercial Bank (MCB) by the judge presiding over the company’s bankruptcy...
Crypto Lender Voyager Digital Has Received Several Purchase Offers Higher Than FTX’s: Report
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Crypto Lender Voyager Digital Enters Chapter 11 Bankruptcy Proceedings
Voyager Digital – a cryptocurrency broker and lender – has declared bankruptcy. The crypto space continues to crash and it’s taking all kinds of companies down with it. Voyager Digital Is Crashing wit...
Singapore High Court Grants Crypto Lender Vauld Temporary Protection From Creditors – Bitcoin News
Singapore-based Vauld will have some breathing space after the country’s High Court gave its parent company creditor protection for the next three months. The decision comes as the troubled crypto len...
Crypto Lender Vauld Granted 3-Month Creditor Protection by Singapore High Court – crypto.news
Vauld has been granted three-month protection from creditors by the Singapore High Court. Vauld’s parent firm, Defi Payments Ltd, said the moratorium granted on Monday would provide it with the requir...
Embattled Crypto Lender Vauld Granted Three-M…
Defi Payments Ltd, the parent company of the troubled crypto lending platform Vauld. Has been granted a short period of reprieve from creditors after being given a three-month moratorium by the Singap...
Crypto lender Vauld granted three-month protection from creditors
Embattled crypto lending platform Vauld has been granted a short period of reprieve from creditors after being given a three-month moratorium by the Singapore High Court on Monday. Its initial reques...
Crypto Lender Vauld Granted 3-Month Protection from Singapore Court against Creditors
Singapore High Court has granted distressed crypto lending firm Vauld a three-month moratorium to continue exploring options on how it can repay its creditors. The latest legal action from the court a...
Bankrupt Crypto Lender Celsius Could Leave Customers Last In Line To Get Paid
Alex Mashinsky, chief executive officer of Celsius NetworkPhotographer: Dania Maxwell/Bloomberg © 2018 Bloomberg Finance LP What Happened Earlier this month, crypto lender Celsius Network filed for Ch...
Battered Crypto Lender Vauld Granted 3-Month Creditor Protection
The crypto lender, backed by Peter Thiel and Coinbase, was given a moratorium by Justice Aedit Abdullah that will last until November 7. The move will help provide some respite to Vauld, whose 147,000...
Crypto Clients Pleading for Funds Payback after Lender Celsius’ Crash
Customers caught in the meltdown of crypto lending firm Celsius Networks are pleading for their deposits to be paid back. Hundreds of letters have poured into the judge overseeing the company’s ...
Solana’s Biggest DeFi Lender Almost Got Rekt. Why?
– Advertisement – Recently Solana’s biggest DeFi lender almost got rekt. The reason behind the incident was that Solend protocol didn’t set limits on the size of a borrower, causing a butt...
FDIC Slaps Bankrupt Lender Voyager Over Deposit Insurance Claims
The US financial insurance watchdog has issued a cease and desist letter to Voyager Digital Voyager, a cryptocurrency lender, filed for Chapter 11 bankruptcy earlier this month It’s been 20 days since...
Crypto Lender Voyager Ordered by US Regulators to Stop Misleading Customers
“Voyager has made various representations online, including its website, mobile app, and social media accounts, stating or suggesting that: (1) Voyager itself is FDIC-insured; (2) customers who ...
How CEO Alex Mashinsky Went from Bashing Banks to Bankrupting Crypto Lender Celsius.
According to Mashinsky’s website, he has founded eight startups (Arbinet, Comgates, Elematics, Transitwireless, Governing Dynamics, GroundLink, Inseego and Celsius – and was generally also the chairma...
DeFi Lender Moves To Tokenize Real-world Loans On-chain
Traditional invoice financing helps businesses borrow money from reputable insurers against money owed by customers This new partnership will allow invoices to be tokenized on the blockchain Decentral...
Bankrupt Crypto Lender Celsius Seeks Help From Former CFO
Celsius’ former chief financial officer earned an annual base salary of $750,000 The bankrupt crypto lender again wants his advice due to his familiarity with Celsius Celsius has filed a motion to ret...
Crypto Lender BlockFi Had $1.8B in Open Loans at End of June and $600M of Exposure
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Nexo, Crypto Lender on Prowl for Ailing Rivals, Faces Declining Deposits
This year’s crash in crypto prices has rattled nerves of retail depositors while also saddling big industry players with losses on assets they had lent out in search of yields. Celsius Network, ...
Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules – Exchanges Bitcoin News
The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the country’s largest cryptocurrency exchange. The decision comes amid tightening cryp...
Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules – Coinotizia
The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the country’s largest cryptocurrency exchange. The decision comes amid tightening cryp...
Embattled Crypto Lender Vauld Owes Over $400 Million to Creditors: Report
Vauld, a Singapore-based cryptocurrency lending and exchange platform, owes a total of $402 million to its creditors, as reported by The Block. Of this amount, $363 million, or about 90%, was reported...
Crypto lender Vauld seeks protection against creditors: Report
Singapore crypto exchange Vauld Group is seeking a moratorium against its creditors — a move that would give the troubled lender more time to restructure its business after collapsing asset prices imp...
Vauld, Singapore’s crypto lender, owes retail investors US$363M –
Crypto lending platform Vauld owes creditors US$402 90% of the debt is owed to individual investors Vauld, a Singapore based crypto lending platform owes creditors US$402 million. On July 8, the co-f...
Crypto lender Vauld files for protection from creditors as Nexo waits in the wings
Vauld, the crypto lender backed by Peter Thiel, has filed for protection from creditors based in Singapore. The move comes after the company suspended all customer withdrawals from its platform. Nexo ...
Cryptocurrency lender Vauld applies for protection against creditors
Vauld, a Singapore crypto exchange, has moved to file protection from its lenders in Singapore. The move to get a moratorium would give the lender some breathing space to restructure. The firm has bee...
Crypto lender Celsius loaned $75 million to Three Arrows Capital
Crypto lender Celsius loaned $75 million to collapsed hedge fund Three Arrows Capital (3AC). Documents obtained by The Block show that Celsius made two loans in the stablecoin USDC to 3AC. One loan ...
3AC Owes $2.36 Billion To Crypto Lender Genesis
According to a news report by crypto news site The Block, It has been found that Genesis Asia Pacific Ltd, lent a sum of $2.36 billion to troubled and now bankrupt venture capital Three Arrows Capital...