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Nalezeno "Crypto lender": 358

Crypto Lender Nexo Stopped EIP for US Clients on Feb. 10

13.2.2023
Last month, Nexo paid a $22.5 million fine to the SEC for failing to register the offer and sale of EIP

Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry

11.2.2023
During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has put...

Bankrupt Crypto Lender Celsius Seeks to Raise $14M From Bitmain Mining Vouchers

10.2.2023
The company joins Core Scientific in trying to offload the assets before expiry, and will use the funds to repay creditors

Bankrupt Crypto Lender BlockFi Takes Two-Thirds Haircut to Settle Bitcoin Miner Bitfarms' Debt

9.2.2023
The miner had recently warned it might stop paying off the debt to BlockFi

Crypto lender SALT makes comeback with $64.4 million funding

9.2.2023
The crypto lender froze withdrawals in mid November. It will resume operations in Q1 2023 buoyed by a Series A recapitalization

Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal

7.2.2023
On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and communications related to the “Alameda Loan Agreement” between Alameda Ventures...

Crypto Lender SALT Raises $64.4M to Resume Operations

7.2.2023
The crypto lender paused operations after the collapse of crypto exchange FTX

Binance Returns to Korean Crypto Market — Invests in Troubled Exchange Gopax

4.2.2023
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 crypto exchange FTX and the bankruptcy filing of crypto lender Genesis Global. Binance...

Celsius Floats Possibility of Debt Token to Repay Creditors; Secures Court Approval to Process Customer Withdrawals

25.1.2023
The defunct crypto lender Celsius is exploring the possibility of creating a debt token to repay creditors. The plan would need to be approved by regulators, but if approved by the trustee and financial authorities, the debt token would be called an “asset share token (AST).” Celsius...

'Bitcoin Jesus' Says He Has the Money to Pay Ailing Crypto Lender Genesis

25.1.2023
Roger Ver, an early Bitcoin advocate who now advocates for the Bitcoin Cash blockchain, has been accused in court by Genesis of failing to settle cryptocurrency options, with $20.9 million of damages sought

Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research

25.1.2023
Unredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. The accidentally revealed documentation shows that Blockfi’s exposure to the bankrupt crypto firm FTX was more than what...

Crypto Lender Celsius Wins Court Approval for Customer Withdrawals, Flare Token Airdrop

25.1.2023
One order authorizes Celsius to return funds transferred to the platform after the company filed for bankruptcy last July, subject to certain conditions

Genesis eyes fast resolution to creditor disputes and bankruptcy exit in May

24.1.2023
A lawyer for Genesis is optimistic it can resolve creditor disputes before the week is out while the firm could exit bankruptcy proceedings in four months

Crypto Lender Genesis Global Capital Is FTX's Largest Unsecured Creditor

20.1.2023
Crypto exchange FTX and it's affiliated subsidiaries owed Genesis Global Capital over $226 million, according to a recent filing

Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit

20.1.2023
Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The filing followed a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). Genesis claims to have “ample liquidity to support its ongoing business operations...

Bitcoin, Ethereum Technical Analysis: BTC Back Above $21,000 Despite Genesis Bankruptcy

20.1.2023
Bitcoin crept back up to the $21,000 level on Friday, as volatility in the cryptocurrency market remained high. After falling by nearly 4% in Thursday’s session, the global market cap is up by 1.14% as of writing. This comes despite the news that crypto lender Genesis has recently filed...