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Voyager can't guarantee all customers will receive their crypto under proposed recovery plan
11.7.2022
The crypto lending firm said that the exact amount reimbursed to users will “depend on what happens in the restructuring process and the recovery of 3AC assets."
CoinFLEX to begin arbitration for $84 million recovery and open limited withdrawals
11.7.2022
CoinFLEX is moving quickly to retrieve as much liquidity as it can from a debacle that has left it $84 million short due to a delinquent account held by an unnamed whale
Not all investments lose value equally: A recovery period for digital assets
9.7.2022
With Bitcoin’s impressive recovery characteristic, could having it and other digital assets in an investment portfolio speed up the recovery time of the entire portfolio?
XRP Leads Recovery Among Major Cryptocurrencies; Fed Policymakers Back 75 Basis Point Hike
8.7.2022
Two policymakers backed higher rate increases to beat price pressures even if it meant slowing growth
Report: Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen
8.7.2022
A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts belonging to Nigerian fintech Flutterwave. The agency alleges that Flutterwave is not providing merchant services as per claims, but is instead...
Crypto Mining Stocks Bounce Amid Bitcoin Recovery
8.7.2022
Investors are likely feeling comfortable as bitcoin has stabilized over the past few days
Bloomberg analyst tips bullish BTC recovery in next six months
7.7.2022
The price of BTC could be set for a bullish rebound this year, says Bloomberg’s senior commodity strategist Mike McGlon, as the market shows similar signs to the bottom of 2018
Voyager Digital files for Chapter 11 bankruptcy, proposes recovery plan
6.7.2022
Voyager Digital has joined the growing list of CeFi firms hurting as a result of exposure to Three Arrows Capital and declining crypto asset prices
CoinFLEX Withdrawals Remain Halted as Recovery Token Talks Continue
30.6.2022
CoinFLEX initially planned to resume withdrawals today
CoinFLEX's USD 47M Recovery Token Plan Questioned by Crypto Observers
28.6.2022
Crypto derivatives exchange and yield platform CoinFLEX aims to turn the debt of a "high integrity" individual into a token called Recovery Value USD (rvUSD) in order to fund other customers' withdrawals. Not everyone is impressed with these plans.
The exchange will issue rvUSD 47m at a price...
CoinFLEX recovery plan includes tokenized bad debt and more yields
28.6.2022
The crypto lender issued a no-liquidation account to an unnamed whale on the condition that the account would never go negative, but that plan has backfired
CoinFLEX to Launch a $47M Recovery Token to Solve Withdrawal Issues
28.6.2022
CoinFLEX said last week it was halting withdrawals amid the recent market downturn and counterparty uncertainty
Algorand Shows Recovery at $0.30; Is It the Right Time to Buy ALGO?
24.6.2022
Algorand development raised over $126 million across various token sales in 2018 and 2019. A significant amount of this money was returned to ICO investors as a buyback program, and Algorand has raised hundreds of millions of dollars more through various cryptocurrencies. Algorand’s mainnet went...
XRP Leads Crypto Majors Recovery, Bitcoin Rises Over $21K as Rate-Hike Concerns Wane
24.6.2022
Technology stocks and equity indexes rallied as investors assessed fresh comments from Federal Reserve Chair Jerome Powell
Bitcoin Lifeboat, Long Recovery Road, & Exaggerated BTC Deaths: Saylor, CZ, and Professor Weigh In
23.6.2022
Bitcoin (BTC) is “a lifeboat,” says Michael Saylor, while Binance's Changpeng Zhao (CZ) warns that BTC could still stay below its all-time high for two years, and an adjunct professor of law calls the reports about Bitcoin’s death “exaggerated.”
Among the experts who have spoken out about...
Shiba Inu Price Rises in 24 Hours; Will SHIB Sustain the Recovery?
22.6.2022
Shiba Inu, also known as ‘Dogecoin Killer,’ provided huge returns in one week last year. However, it could not hold the level. This volatility is the main drawback of meme coins, and many traders want this volatility to gain a higher return in the short term. Shiba Inu is an altcoin founded by...
Zilliqa Is in Its Recovery Phase; Should You Buy ZIL Now?
22.6.2022
Zilliqa has been moving sideways between the price range of $0.061 and $0.029 for the past few days, with the current market price of $0.038. On June 21, the price significantly increased as it turned from the lower horizontal line. The ZIL token has been moving in a consolidated trend because...
CEL Token Soars as Celsius Shareholder Proposes Recovery Plan, Celsius Pays Compound
21.6.2022
The troubled crypto lending and borrowing company Celsius’ CEL token jumped today, as a company shareholder proposed a recovery plan, and Celsius made a USD 10m payment to the decentralized finance (DeFi) platform Compound (COMP).
A couple of good news related to Celsius seem to have led to...
Celsius recovery plan proposed amid community-led short-squeeze attempt
20.6.2022
BnkToTheFuture co-founder Simon Dixon has proposed a recovery plan similar to the solution offered to Bitfinex after its Bitcoin hack in August 2016 – allowing customers to be compensated for their losses through tokens tied to the platform’s recovery
TRON Initiates Steady Recovery; Should You Buy TRX Now?
16.6.2022
USDD stablecoin of TRON has been under pressure as the shorting percentage has spiked due to the current turmoil in the crypto market. The founder of TRON, Justin Sun, tweeted the announcement that short interest spiked so high that borrowers wanted to pay anything because they expected...