Labelled the third-biggest ‘bank failure’ in history, Signature bank was actually solvent when taken over by regulators on Sunday. Did regulators seize their chance to cut off crypto banking? Crypto l...
Tag: Solvent
Sam Bankman-Fried Maintains FTX US is Solvent, Despite Debtors’ Claims
FTX’s former CEO, Sam Bankman-Fried, has reiterated claims that FTX US is solvent following FTX debtors’ latest statements to the contrary. According to Bankman-Fried, the group failed to account for...
FTX Files Request to Sell 4 of Its Solvent Subsidiaries
Earlier, FTX made a number of targeted acquisitions that established it as a market leader in the digital currency ecosystem. Bankrupt digital currency trading and derivatives platform, FTX has filed ...
FTX Selling Solvent Businesses Amid Bankruptcy Proceedings
A month after the exchange’s new CEO disclosed company restructuring plans, FTX Trading and its affiliated debtors will put LedgerX and its European and Japanese digital assets subsidiaries up for auc...
Bitcoin miner Core Scientific offers $72 million to stay solvent
In order to help the ailing business escape bankruptcy, investment bank B Riley, one of Core Scientific’s (CORZ) key creditors, has suggested a new $72 million financing package. B Riley: Most struggl...
SBF Says FTX US Should be Solvent, Unsure Why Withdrawals Not Enabled
Sam Bankman-Fried is doubling down on his claim that FTX US should never have filed for bankruptcy. The former FTX boss believes the US entity is still entirely solvent and could re-open for withdraw...
SBF Claims FTX US Is Fully Solvent & Withdrawals Could Open Today
2 hours ago | 2 mins read Editors News SBF thought that Ledger X and FTX US derivatives would “even be up and operating right now.” He stated that the majority of his donations were for pandemic preve...
FTX US is Completely Solvent and Withdrawals Are Open
The post FTX US is Completely Solvent and Withdrawals Are Open appeared first on Coinpedia Fintech News Sam Bankman-Fried, also known as SBF, commented on the FTX US’s solvency in a recent inter...
Most of FTX Subsidiaries Are Solvent, Claims John J. Ray II
FTX CEO Mr. John J. Ray, III releases a strategic review report on their global assets. After filing for Chapter 11 bankruptcy, FTX attempts to optimize reclaimable value for stakeholders. As per the...
Fed will keep hiking interest rates longer than you can stay solvent
Surging inflation and weak growth have been plaguing the global economy for months, but the rising CPI and a devaluating national currency first seen in the U.S. have now spread to Europe as well. The...
Meet The Solvent That Captures Up To 99.8% Of CO2 Emissions
Capturing carbon dioxide is expected to play a key role in the next phase of the energy transition by decarbonizing existing equipment. getty Hidden in a fold of Norway’s western coast about an hour n...
Celsius Claims to be Mostly Solvent – Trustnodes
Celsius, the centralized crypto asset investment management platform, claims to have $4.3 billion out of the $5.5 billion owed to creditors. Alex Mashinsky, the Chief Executive Officer of the Celsius ...
Arca says it’s solvent despite blowup rumors
UST is currently trading down more than 70% The price of the crypto is down nearly 99% Arca says that it believes Luna will regain its peg Arca — the computerized resource multifaceted investments dro...
Solvent Protocol: Solving the illiquidity problem of NFTs
NFTs have gained a lot of traction in the past year, trading over more than $23 billion in volume. While there are a lot of platforms and marketplaces that allow users to list and sell their non-fungi...