Crypto exchange CoinFLEX has begun arbitration proceedings in Hong Kong to recover $84 million in losses from a client, it said in a blog post today. The company paused withdrawals last month after Co...
Tag: Plan
Here’s When Bitcoin (BTC) Price Will Hit $100k According To Crypto Analyst Plan B
A renowned Bitcoin trader is of the opinion that Bitcoin’s (BTC) 200-week moving average (200WMA) and relative strength index (RSI) is signaling a bullish trend. An analyst who is pseudonymously known...
GameStop Sacks CFO, Lays Off Multiple Employees in A Fresh Turnaround Plan
GameStop, the largest video game retailer worldwide based in Texas, US, has sacked its Chief Financial Officer, Mike Recupero, and laid off several employees across departments. The layoffs, which wer...
The Savvy Investor’s Plan For 8.9% Dividends From Oversold Tech
Businessman sitting on a windowsill at night and looking at a digital tablet, with cityscape at the … [+] background and copy space. getty After a 30% drop this year, tech is the last sector mos...
Mt Gox Releases Repayment Plan, Will Bulk Withdrawals Weaken Market?
Victims of the collapse of the Mt. Gox crypto exchange are closer to getting their funds back, according to the business’s bankruptcy trustee. Creditors are being asked to register online and choose h...
G7’S Overambitious Plan To Punish Russian Oil And Alter The Future Of Oil Markets
The facilities of the oil refinery on the industrial site of PCK-Raffinerie GmbH are illuminated in … [+] the evening. Crude oil from Russia arrives at the oil refinery via the “Friendship...
Mt.Gox trustee shares updated repayment process under rehabilitation plan
Mt.Gox, a cryptocurrency exchange that shut down in 2014 following a massive hack, has released an update on the repayment process under the creditor rehabilitation plan. The updated details show that...
Bitcoin FUD Re-Instigates With Mt.Gox Rehabilitation Plan, Why Will Creditors Dump BTC in the Bear Market?
The Mt-Gox creditors, currently are experiencing a sign of relief as according to the recent update, attorney Nobuaki Kobayashi, trustee in the Mt.Gox confirmed the distribution of 150K Bitcoin. The c...
GameStop fires its CFO and announces layoffs as part of aggressive turnaround plan
GameStop has fired its Chief Financial Officer, Mike Recupero, and is making staff cuts across departments as part of an aggressive turnaround plan, the videogame retailer announced Thursday. Recupero...
Mt. Gox Releases Update on Creditor Rehabilitation Plan
Failed cryptocurrency exchange Mt. Gox has provided an update on its repayment procedures under its creditor rehabilitation plan. The exchange states that the “Rehabilitation Trustee” – Nobuaki Kobay...
Court Documents Reveal Voyager’s Plan To Reimburse Customers, But There Is A Catch
– Advertisement – Voyager Customers Are Not Likely To Get Full Compensation. Court documents filed by temporarily defunct crypto lender Voyager have revealed that the firm is not likely ...
Bitstamp Scraps Plan for Inactivity Fees After Users Revolt
Bitstamp last week made what the company called a “hard decision” to levy a monthly fee on inactive users with smaller balances. Now it’s walking things back. The Luxembourg-based crypto exchange toda...
Bitstamp Scraps Inactivity Fee Plan
Cryptocurrency exchange Bitstamp has decided not to move further with the inactive fee plan. “We have taken everyone’s concerns on board and have decided to cancel the inactivity fee,̶...
Still No Plan for US Central Bank Digital Currency After Latest Fed Meeting
The U.S. appears to be stalling on developing a central bank digital currency, with policymakers at the Federal Reserve discussing the technology but not revealing whether they’ve made any progress on...
Voyager CEO Hopes For A Stronger Comeback! Here’s The Revival Plan
Stephen Ehrlich, the CEO of cryptocurrency lender Voyager Digital, announced today, July 6th, that the business has started a “voluntary monetary reorganization” procedure in order to safeguard invest...
Voyager Digital CEO Reveals Restructuring Plan, Who Will Be Impacted?
Crypto lender Voyager Digital’s CEO Stephen Ehrlich on Wednesday said the company has commenced a “voluntary financial restructuring” process to protect assets, maximize value for its shareholders and...
Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan
Days after pausing trading, withdrawals and deposits, crypto exchange Voyager Digital is filing for bankruptcy under Chapter 11 in the Southern District Court of New York. Voyager’s Chapter 11 b...
Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld – Bitcoin News
Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company s...
Tornado Cash governance rejects plan to diversify treasury holdings
A vote for Tornado Cash (TORN) — a coin mixing protocol for obscuring blockchain transaction history — to diversify its treasury holdings into ether (ETH) has failed. This comes as a lot of governance...
CryptoCom CEO Dismisses Ongoing Rumors About Exchange’s Plan to Halt Withdrawals
– Advertisement – CryptoCom CEO says we are not banning any withdrawals. In light of rumors that Crypto.com is facing a liquidity crisis, Kris Marszalek, CEO of the leading exchange, has d...
KuCoin CEO slams insolvency rumors citing “no plan to halt withdrawal”
Crypto exchange KuCoin found itself at the center of discussion when a sub-community of Crypto Twitter started warning investors about an incoming ban on funds withdrawal. KuCoin CEO, Johnny Lyu, was ...
Bitcoin SV Price Analysis: BSV Lost 16% in a Week, What’s the Recovery Plan?
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Coinbase Reveals European Expansion Plan — Seeks Licenses in Spain, Italy, France, Netherlands – Exchanges Bitcoin News
Cryptocurrency exchange Coinbase has revealed its plan to expand in several European markets. The company is reportedly in the process of registering a crypto exchange in Spain, France, Italy, and the...
Grayscale Flips The Script And Sues The SEC After Spot Bitcoin ETF Plan Rejection ⋆ ZyCrypto
Advertisement     Crypto asset manager Grayscale — which stewards over $43 billion in cryptocurrencies — has filed a lawsuit against the United States Securities and E...
Novartis Will Cut 8,000 Jobs Under CEO’s Shake-Up Plan
Text size Vasant Narasimhan, CEO of Novartis. ERIC PIERMONT/AFP/Getty Images Pharmaceutical giant Novartis said Tuesday it will lay off more than 7% of its workforce, just a few months after CEO Vas N...
CoinFLEX recovery plan includes tokenized bad debt and more yields
Crypto investment platform CoinFLEX aims to rectify its liquidity shortage and restart user withdrawals by selling off bad debt through a new $47 million token offering. The new token is known as Reco...
CoinFLEX Launches $47 Million Token Recovery Plan to Resume Withdrawals
Last week, cryptocurrency derivatives exchange CoinFLEX joined a growing list of digital asset platforms to halt withdrawals due to market uncertainty and issues with its counterparty. The company has...
CVS to remove purchase limit on Plan B pills, says sales have ‘returned to normal’
Plan B One-step birth control in CVS Pharmacy, Boston, MA. Ucg | Universal Images Group | Getty Images CVS is removing the purchase limit it had put on emergency contraceptive pills following last wee...
Huobi Likely To Announce Massive Layoff Plan, Here’s Why
Amid turbulent times in the cryptocurrency space, exchanges are finding it difficult to withstand financial adversities. The last two months saw several top crypto exchanges, including leaders like Co...
G-7 Pledges Billions To Help Ukraine Rebuild And Reveals Plan To Tackle Food Security As Summit Ends
Topline The Group of Seven nations (G-7) outlined plans for the reconstruction of Ukraine, resolving the global food security crisis, securing energy supply and tackling climate change as a two-day su...