The Singapore-based crypto lender Hodlnaut is looking at a possible liquidation as the firm’s creditors have rejected the proposed restructuring plan and seek liquidation of the platform’s assets. The...
Tag: liquidation
Hodlnaut Creditors Reject Restructuring Plan, Seek Liquidation
Beleaguered crypto lender Hodlnaut is facing possible liquidation after the firm’s creditors reject the company’s proposed restructuring plan. Creditors are instead seeking liquidation of the lender’s...
Hodlnaut’s Creditors Prefer Liquidation Than Restructuring Plan (Report)
Some creditors of the distressed cryptocurrency lender – Hodlnaut – are reportedly not fond of the proposed restructuring plan that could enable the company’s directors to stay at the helm. Instead, t...
FTX and debtors reach liquidation agreement
On Jan. 6, FTX, the bankrupt cryptocurrency exchange, and its affiliated debtors revealed details of their cooperation deal to streamline the liquidation of the exchange’s subsidiary in the Bahamas. F...
Celsius Network’s Stablecoins Face Liquidation To Cover Bankruptcy Costs
Judge Martin Glenn, the chief United States Bankruptcy Judge in the Southern District of New York, has ruled that ownership of the assets in the Celsius Network’s Earn Accounts belongs to debtors. As ...
These Altcoins Are At Risk as Fear Of Grayscale’s Liquidation Gets Stronger
The Digital Currency Group (DCG) has come under scrutiny after Zhu Su, the founder of Three Arrows Capital, accused DCG and FTX of causing the decline of Terra (LUNA) and STETH and ignoring the issue ...
DCG Insolvency Fears Again Sparks Grayscale Liquidation Speculation – Here’s What We Know
– Advertisement – The fresh concerns have been triggered by Cameron Winklevoss’ recent open letter to DCG Chief Barry Silbert. Digital Currency Group (DCG), the parent company of asset man...
Grayscale Liquidation Could Heavily Impact These Altcoins
This week, all eyes are on Grayscale and Digital Currency Group (DCG). A worst-case scenario could see the world’s largest crypto fund provider liquidate some of its altcoin trusts. The potential liqu...
Orthogonal Trading is reportedly under provisional liquidation
BVI-based Orthogonal Trading is reportedly under provisional liquidation. M11 Credit initiated the liquidation application along with the Maple Foundation earlier this month. British Virgin Islands-b...
MicroStrategy Bought Bitcoin To Avoid Liquidation, Peter Schiff Reveals
Bitcoin detractor and economist Peter Schiff has taken another swipe at the digital asset and MicroStrategy, a public company that is heavily invested in the digital asset. Schiff has always been voca...
Crypto firm Auros discloses provisional liquidation, thanks to FTX
Auros suffered from a $20 million exposure in the FTX debacle. The company found itself in a situation where immediate liquidity was insufficient to meet lender recalls. The troubled global crypto tra...
Otonomy Adopts Dissolution & Liquidation Plans, Implements Workforce Reduction
Otonomy Inc’s (NASDAQ: OTIC) board of directors has approved and adopted a Plan of Liquidation and Dissolution that would include the distribution of remaining cash to stockholders following an ...
Bitcoin SV Price Prediction : BSV rejected $49.99 and witnessed high liquidation.
Bitcoin SV slipped below previous week closing and derivative futures data suggest more of short build up on current levels Bitcoin SV able to sustain above 50 day ema but bulls lack confidence on hig...
Ethereum (ETH) Price Records December’s Largest Liquidation, More Fall Ahead?
Ethereum (ETH) price on Wednesday fell 4% after the U.S. Federal Reserve’s 50 bps rate hike decision and hawkish projections. The ETH price fall extended on Friday after a Binance spokesperson reporte...
FTX’s Bahamas Liquidators Seek to Exclude Over $200M Worth of Luxury Properties From Liquidation
The Bahamas liquidators are seeking to exclude over $200 million worth of luxury properties in the country from the estate of FTX, as the bankrupt crypto exchange seeks to wind up and repay creditors ...
Genesis liquidation could force DCG bankruptcy
Haseeb Qureshi, the Managing Partner at Dragonfly Capital, discussed the potential consequences of Genesis going into liquidation on a recent episode of Unchained’s “The Chopping Block.” 1/ On a recen...
Bitcoin price liquidation risk increases as BTC struggles to reclaim $18K
Bitcoin (BTC) price had a mixed reaction on Dec. 9 after the November report on United States producer prices showed a 7.4% increase versus 2021. The data suggested that wholesale costs continued to r...
All about DCG, its subsidiaries, and why investors shouldn’t fret over liquidation
Recent developments around the Digital Currency Group (DCG) led to widespread speculation about its future of its star subsidiaries. These include Genesis Global Trading and more importantly Grayscale...
Curve Launches crvUSD Stablecoin, $50 million Liquidation Follows
Curve Protocol released its native stablecoin crvUSD via exchange liquidity. The news was released at the same time that a trader borrowed the majority of the Curve DAO token (CRV) supply, totaling ov...
Ethereum Down By 8%; Total Liquidation Breaches $117 Million
Crypto News Today Live Updates November and Latest News: (21 November 2022) The global crypto market registered a major decline on Monday. The total market cap is down by 4% over the past 24 hours. It...
Grayscale Liquidation Could Unleash A Bitcoin Armageddon
The FTX Contagion effects do not even stop at the largest institutional Bitcoin product on the market, the Grayscale Bitcoin Trust (GBTC). As a result of the bankruptcy of Sam Bankman-Fried’s crypto e...
Alameda Had ‘Secret Exemption’ From FTX Liquidation Protocols, New CEO Says
Alameda Research, the crypto hedge fund at the center of Sam Bankman-Fried’s and FTX’s downfall, had a “secret exemption” from the crypto exchange’s liquidation procedures, according to bankruptcy fil...
How FTX Went From Billions To $600K At Its Liquidation
The FTX bankruptcy process has begun, led by the company’s new CEO, John Ray. After Sam Bankman-Fried, founder and former CEO of the company quit from duties and position, Ray took over the reins of t...
Crypto Markets to See Forced Liquidation in 10 Days: Kevin O’Leary
Fears of a contagion, sparked by concerns about the liquidity of FTX and Alameda Research, caused the cryptocurrency market to plummet massively, and huge sums of money were liquidated. Kevin O’Leary...
Ethereum co-founder Buterin reportedly Dumped 3,000 ETH Following FTX Liquidation news
Ethereum co-founder Vitalik Buterin received 5,000 ETH in two payments from the same address soon before transferring 3000 ETH to the DeFi protocol, according to his transaction history as seen on Eth...
Buterin Dumped 3,000 ETH After FTX Liquidation Announcement
On-chain data reveals that Ethereum co-founder Vitalik Buterin reportedly dumped 3,000 ETH at $1,250.30 on DeFi protocol Uniswap V3 two days ago. Buterin’s transaction history, recorded on Etherscan, ...
Bitcoin Jumps on Inflation Cooling, YoYos on FTX Liquidation – Trustnodes
Bitcoin rose more than 10% to just under $18,000 from a recent low of $15,500 while Nasdaq has risen a very rarely seen 7.35%. Inflation rose 0.4% in October, below expectations of 0.6%, and 7.7% over...
Solana Whale Faces $51,000,000 Liquidation As SOL Tumbles Over 34% in One Day: On-Chain Data
A Solana (SOL) whale is struggling to stay afloat amid the current crypto market downstream that pulled SOL down 34% in one day. Colin Wu of Wu Blockchain tells his 237,100 Twitter followers that a So...
FTX Token Price Analysis & Prediction (Nov 9th) – FTT Lost Over 80% Today Amid Heavy Liquidation As Price Dumps To $2.51, What Happened?
Following the latest Binance-FTX saga, the price of FTT decreased heavily by 83% today alone, as it now trades below $5. Over $80 billion was wiped out from the overall crypto market capitalization wi...
Amid FTT liquidation we take a look at how other Alameda-owned tokens are performing
May is not that far and the crypto market is about to witness another crash, this time through FTX and Alameda Research platforms. Even top crypto analysts and experts have advised investors to invest...
FTX stablecoin withdrawals surge amid liquidation claims
FTX crypto exchange has recorded a surge in stablecoin withdrawals amid crowing unsubstantiated fears surrounding the exchange’s financial status. According to Nansen data, more than $451 million in s...
Binance Reveals FTX FTT Token Liquidation Intentions, Raising Insolvency Concerns
Binance founder Changpeng ‘CZ’ Zhao said on Sunday that the exchange is liquidating its position in the FTT token of its rival exchange, FTX. Changpeng Zhao said Binance was making the decision based...