Bankrupt bitcoin exchange Mt. Gox has released procedures for creditors to register their payment details for the subsequent release of their BTC locked for over eight years. Mt. Gox was a Japanese-ba...
Tag: Repayment
Creditors Of Celsius Move To Equities First For Repayment
Creditors Of Celsius Move To Equities First For RepaymentEquities First still owes $439 millionSeptember 30, 2022Crypto lending firm Celsius creditors have moved to subpoena-based Equities First...
Tribe DAO Proposes Repayment For Victims Of Rari’s $80 Million Attack
Following an April hack attack that affected many Tribe users, the Tribe DAO community has proposed compensation. The tribe is a decentralized autonomous organization (DAO) that controls three project...
Analysis of Alameda Research’s $200mm Loan Repayment to Voyager Digital
September 20, 2022, 8:49PM EDT • 2 min read Quick Take Alameda to return ~$200mm of BTC and ETH to Voyager Digital Repayment must be completed by September 30, 2022 per filings Failure to repay by 5:...
Everything about Voyager seeking repayment of $200M loan to Alameda
Court filings made by Voyager Digital indicate that the bankrupt crypto lender is seeking to unwind a loan of $200 million that was extended to Alameda Research, Sam Bankman-Fried’s quantitative crypt...
Voyager to Receive $200m in Repayment of Loans from Alameda Research
Voyager Digital will receive about $200 million in repayment of loans from trading firm Alameda Research. According to a court filing, the repayment will be in the form of 6,553 in bitcoin (roughly $1...
A Date For The Mt. Gox Repayment Is Set, How Will This Affect Bitcoin?
The Mt. Gox Bitcoin payments have been long anticipated. The process has lasted several years, and finally, in 2021, there is now recourse in sight for all who were affected. Attorney-at-law Nobuaki K...
Celsius expects to receive $70M loan repayment to fund operations beyond November
Crypto lender Celsius expects $70 million from loan repayments that will extend its runway cost beyond November. The cash flow forecast submitted by Celsius during the bankruptcy hearing on Sept. 1 di...
Mt. Gox Repayment Coming in ‘Due Course’ as Bitcoin Dump Fears Spook Market
Mt. Gox, a popular Bitcoin exchange that was forced to shutdown eight years ago after a crippling hack, has announced it will start repaying former users in “due course.” According to a W...
Mt. Gox’s new repayment plan fuels Bitcoin dump
For those who have been in the crypto trading world for a while, the Mt.Gox catastrophe probably doesn’t come as much of a surprise. Approximately 3 billion dollars worth of Bitcoin from the now-defun...
Mt. Gox trustee releases repayment procedures update
Mt. Gox trustee Nobuaki Kobayashi released updated information on Wednesday regarding the rehabilitation plan for creditors of the long-defunct crypto exchange. According to the file, the restriction ...
Restriction Reference Period for Mt. Gox Bitcoin Repayment Process Will Start Mid-September
The Rehabilitation Trustee for the Mt. Gox Bitcoin repayment plan, Nobuaki Kobayashi, released a new document at the start of the restriction reference period. The date set for the period is Sept. 15....
Mt. Gox’s Restriction Reference Period of Repayment Will Likely Start in Mid-September
Mt.Gox repayment is likely to happen on September 15, 2022. Creditors rejected the claims of dumping in the crypto market. A document is released regarding the repayment of Mt.Gox creditor...
Mt. Gox repayment date delayed again to mid-September; Here’s the latest
The repayment dates from Mt. Gox, which initially were scheduled to be made in late August and involve the payout of over 137,000 Bitcoins (BTC) to customers of the hacked trading platform, appear to ...
Bitcoin Price Drop Below $20k, Is Mt. Gox Repayment Rumors True
The crypto market has been on a grumpy ride for two days and today the global crypto market cap has lost its crucial level of $1 trillion. The world’s first cryptocurrency, Bitcoin has tumbled down be...
FEI proposal gets slammed by investors for not initiating full repayment of lost funds
As the bear market persists, there has been a shimmer of hope with some volatility and regaining engagement in the market. While this sounds great, it does not assure the start of a bull market. In th...
What is it? Why it matters in student loan repayment.
Future student borrowers will also get some relief from the Biden administration’s federal student loan forgiveness plan. That relief will come in smaller and more manageable monthly payments. The pla...
Fei Protocol founder proposes ghosting Tribe DAO following hack repayment
An attack in April 2022, which drained off nearly $80 million from various Rari Fuse pools, required the decentralized finance (DeFi) platform Fei Protocol to come up with a solution that minimizes da...
Lending Platform Vires.Finance Gets Go-Ahead to Implement Repayment Plan Amid Liquidity Crisis
“Amid the ongoing crypto winter, it is essential to remember and highlight the core values of decentralization, immutability, freedom from institutional greed, and inclusivity that underpin the blockc...
Celsius Network Users May Face Prolonged Waiting Time Over Repayment: Report
A new report has revealed that users of troubled crypto lending platform Celsius may have to wait a long time to access their funds frozen on the platform. Recall that the firm had filed for voluntary...
Celsius debt reduces amid DeFi protocol’s repayment
Troubled crypto investor astronomer (CEL) seems to own no intention of being frozen out of the crypto world and is constant to require action to avoid doable insolvency, because it has been hastily re...
Vauld Discloses $70 Million Asset Deficit; Seeks Repayment Moratorium
Vauld has disclosed a shortfall of $70 million to its creditors, days after the crypto platform suspended withdrawals, deposits, and trading activities for its users. Media reports confirmed the asset...
Celsius Network Complete Another $40 Million USDC Repayment for Aave Loan
After paying off its $220 million Maker loan fully last week, Celsius has resumed making payments on its remaining Aave and Compound debts. After paying 60 million USDC for its Aave loan over the cour...
Does Celsius’s repayment schedule keep CEL’s recovery on track
Celsius Network’s halt on withdrawals plunged the cryptocurrency market into a bearish abyss last month. It is in the news today after it paid back its remaining debt to DeFi Protocol MakerDAO. The pa...
CoinFLEX to Sue Robert Ver For Margin Call Repayment
Derivatives exchange CoinFlex has said it will pursue legal action against Roger Ver, who failed to repay a $47 million margin call on a leveraged position collateralized by FLEX coin. Ver was an earl...
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...
More Selling Pressure Ahead as Mt Gox Victims’ 150,000 Bitcoin Repayment Edges Closer
– Advertisement – Mt Gox Set To Release 150,000 BTC Into The Markets, Here’s What Could Happen To Bitcoin’s Price. A new document dated July 6 to victims of the sensational Mt Gox exploi...
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...
150,000 BTC Could Flood The Market As Mt Gox creditors Set To Receive Repayment
The specter of Mt. Gox returned to haunt the markets, with the prospect of 150,000 BTC flooding the market as the attorney appointed as the Trustee in the Mt. Gox rehabilitation process all but confir...
Can Repayment to Mt. Gox Creditors Lead to Another Bitcoin (BTC) Crash?
On Wednesday, July 6, Mt. Gox Trustee announced that they would be repaying the creditors of the defunct cryptocurrency exchange. Toky-based Mt. Gox, once the biggest crypto exchange, suspended all tr...
Mt. Gox Provides Important Update on Repayment Process, What It Means for Crypto Market
Gamza Khanzadaev Repayment claims of stolen BTC will be accepted until end of August Infamous cryptocurrency exchange Mt. Gox has provided a new update to its Rehabilitation Plan regarding the repayme...
Can Celsius hold on after its $120M repayment triggered a CEL mini-rally
Crypto service-providing platforms have been in a fix over the past few weeks, and The Celsius Network became a victim as well when the market conditions worsened. However, another one has made it to ...