In recent years, the cryptocurrency industry has seen significant growth, with new exchanges, wallets, and other services popping up almost daily. However, the industry has also faced numerous challen...
Tag: troubled
HSBC Acquires Troubled Silicon Valley Bank (SVB) UK Subsidiary for £1, Shares Down Today
HSBC’s announcement came at a time the United States government announced a $25 billion bailout of struggling Silicon Valley Bank and Signature Bank to avoid a further banking crisis. In a stunning tu...
Breaking: HSBC Buys Out Troubled Silicon Valley Bank UK
Crypto News: In the latest turns of events, the United Kingdom (UK) government announced that HSBC holdings acquired the British subsidiary of the Silicon Valley Bank. This move comes after the United...
FDIC Forms Deposit Insurance for Troubled Crypto Start-up Lender SVB
The FDIC said depositors would have access to their insured deposits. Silicon Valley Bank has over $209 billion in assets and $175.4 billion in total deposits. Binance CEO mocked US critics as two ban...
Defunct Crypto Lender BlockFi Has $227 Million in Uninsured Funds with Troubled Silicon Valley Bank
Air pollution is a significant public health concern worldwide, and recent studies have found high levels of air pollution in major cities around the world. The issue is particularly prevalent in deve...
Put Up Or Shut Up Time For America’s Troubled New Aircraft Carrier
Old-school steam still works—the advantages of the USS Ford’s new electromagnetic flight deck … [+] machinery have yet to translate from PowerPoint to reality. U.S. Navy As the Pentagon’s ...
Troubled crypto lender Hodlnaut in talks with potential buyers
Crippled crypto lending platform Hodlnaut is reportedly in plans to liquidate its assets together with its FTX claims. Reports indicate that the firm is allegedly signing disclosure documents with pot...
Troubled Singaporean crypto lender Hodlnaut seeking buyers
The troubled Singaporean cryptocurrency lending firm Hodlnaut is negotiating the sale of its business and other assets with several potential investors. Hodlnaut’s FTX accounts held 514 Bitcoin (BTC),...
Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax – Exchanges Bitcoin News
Binance has returned to the South Korean cryptocurrency market after two years with a “meaningful” investment in a local, licensed crypto exchange. Gopax fell into trouble following the collapse of cr...
Troubled Crypto Exchange Bitzlato Seeks to Make Comeback
The co-founder of Bitzlato stated that they will allow 50% of user funds in Bitcoin held in Bitzlato wallets to be withdrawn on the same day we launch. As per the latest development, the defunct crypt...
Hundreds of Millions of XRP Shifted, Mainly from This Troubled Exchange: Details
Yuri Molchan Close to three hundred million XRP wired earlier today, according to recently shared data Contents 263 million XRP shifted mostly from Bithumb Arrest warrant against Bithumb owner request...
Troubled crypto lender Vauld gets extended creditor protection
Embattled crypto lending platform Vauld was granted another period of creditor protection from a Singapore court. The company should come up with a revival plan before Feb. 28. As reported by Bloombe...
Nexo Accuses Troubled Rival of Pursuing ‘Secret Deal’
Crypto lender Nexo is seriously salty that its acquisition of troubled rival Vauld has been rejected for a final time, in a move that would have sought to make its creditors whole. In an open letter o...
Grayscale Troubled Bitcoin Trust Up For Grabs?
Crypto News Today Live Updates December and Latest News: (31 December 2022) The global cryptocurrency market looked stagnant over the past week. The cumulative market cap dropped below $800 already. H...
Valkyrie Unveils Proposal for Grayscale’s Troubled Bitcoin Trust (GBTC)
(Bloomberg) — Valkyrie Investments is out with a proposal for a much larger rival product: to become the new sponsor and manager of the crypto industry’s largest fund, the Grayscale Bitcoin trus...
Valkyrie to take over troubled bitcoin trust held by Grayscale
The asset management firm has laid out plans to manage Grayscale’s bitcoin trust, which has significantly declined since the beginning of the crypto winter. Valkyrie, a Nashville, Tennessee-based asse...
Nexo terminates potential deal with troubled crypto lender Vauld
Crypto lender Nexo, which was in talks with rival crypto lender Vauld to potentially acquire it, has terminated the discussions. The potential deal has fallen through after six long months of di...
Controversy Swirls Around New Leader Of United Pilots. Top ALPA Leader Says He’s Troubled By The Choice
Neil Swindells was elected Monday to be chairman of the United Airlines ALPA chapter. United Airlines ALPA A controversial leader has taken over as chairman of the United Airlines chapter of the Air L...
Binance US to buy more troubled assets after Voyager acquisition
Binance US just acquired the bankrupt lending firm Voyager for $1 billion. But reports claim that the US branch of the major crypto exchange is willing to buy more troubled assets. According to Bloomb...
Stock price for troubled Bitcoin miner Core Scientific surges 200%
Bitcoin (BTC) miner Core Scientific’s stock has soared nearly 200% in the past four days, following the positive reception for a Dec. 14 financing proposal from a current creditor who is hoping the fi...
Amber Group owes troubled crypto lender Vauld’s CEO $130 million
Amber Group, a struggling crypto trading firm, owes around $130 million to troubled crypto lender Vauld’s CEO Darshan Bathija. In July, Vauld mentioned in its affidavit that it has a loan ...
Oil Merchants Troubled by Trade Norms That Don’t Fit the Cap
(Bloomberg) — The oil price cap that the Group of Seven nations imposed on Russia may finally be in place, but it’s yet to convince one vital group of people: the traders who can help get the su...
Troubled Crypto Firm Genesis Owes Gemini’s Customers $900 Million (Report)
The cryptocurrency brokerage platform – Genesis – and its parent company Digital Currency Group (DCG), reportedly owe customers of Gemini approximately $900 million. Genesis has been coping with seve...
Troubled crypto lender Genesis owes creditors at least $1.8 billion: CoinDesk
Troubled crypto trading and lending firm Genesis owes its creditors at least $1.8 billion, CoinDesk reported Sunday. The Financial Times first reported on Saturday that Genesis owes customers of...
Thai VC fund acquires troubled exchange Zipmex for $100M: Report
After weeks of negotiations on a potential buyout of Zipmex, venture capital fund V Ventures has reportedly reached a deal to acquire the embattled cryptocurrency exchange. V Ventures, a subsidiary of...
DWF Labs allocates $15 million to help troubled protocols via Binance’s Web3 recovery initiative
As a result of the recent turmoil in the cryptocurrency market caused by the failure of the FTX crypto exchange, several projects have taken a significant blow. In response, DWF Labs, a market maker t...
Troubled Crypto Lender BlockFi Sues SBF Over Robinhood Shares
On Monday, the crypto lending firm BlockFi filed for Chapter 11 bankruptcy. A few hours later, the company sued Sam Bankman-Fried (SBF), the founder of the troubled crypto derivative exchange FTX, ove...
Troubled FTX plans to resume payments to employees
The cryptocurrency exchange FTX and its partner companies, which have applied for bankruptcy court protection in the United States, announced that the majority of their subsidiaries would begin ...
Trump Calls Kanye West ‘Seriously Troubled Man’—In Latest Defense Of Dinner With West And White Supremacist Nick Fuentes
Topline Former President Donald Trump struck his most defensive tone yet on Saturday after his controversial dinner with white supremacist Nick Fuentes and embattled rapper Kanye West drew criticism f...
1inch’s latest offering targets greater security; can it pacify troubled investors
1inch, a leading cryptocurrency exchange aggregator, released the Rabbithole tool on 25 November, aimed at protecting users against sandwich attacks. Rabbithole allows users to send transactions to Et...
Fallen Billionaire Steps Down as CEO of Troubled EV Startup
(Bloomberg) — Arrival SA, the electric van startup that recently warned it’s running out of cash, said its former billionaire founder will step down as chief executive officer. Most Read from Bl...