Tag: crypto lenders
Hodlnaut’s Liquidation: The End of the Road for Users’ Crypto Funds
Hodlnaut faces liquidation after the High Court of Singapore’s decision. What does this mean for users’ frozen assets and the future of crypto lending?
Celsius Network Plans to Reimburse Customers by Year-End
Celsius Network lays out a plan to repay customers $2.03B in crypto with the hope of resurrecting its business by year-end.
BlockFi’s Bankruptcy Fallout: Customers to Get $297 Million Back, But Not All
Bankruptcy judge allows BlockFi to return $297 million to Wallet customers, while BIA users face uncertainty in the ongoing crisis.
BlockFi’s Bankruptcy Situation: A Cash Flow Conundrum with Silicon Valley Bank
Discover how BlockFi navigates its bankruptcy while maintaining financial stability despite losses linked to Silicon Valley Bank.
Celsius Network Co-Founder Declares Shares Worthless Amid Bankruptcy Chaos
Celsius Co-Founder Daniel Leon declares his shares worthless amidst the company’s bankruptcy. Explore the implications and current cash outlook.
Maple Finance Cuts Ties with Orthogonal Trading Amid Financial Misrepresentation
Maple Finance terminates ties with Orthogonal Trading due to financial misrepresentation and insolvency issues post-FTX collapse.
Voyager Digital Secures Court Green Light for $1 Billion Sale to Binance.US
Voyager Digital receives court approval to sell over $1 billion in assets to Binance.US, providing hope for customers to recoup their losses.
Celsius Network Moves Forward with Chapter 11 Restructuring Plan – What You Need to Know
Explore Celsius Network’s journey through Chapter 11, its restructuring plan, and what it means for stakeholders, including a new public platform.
Understanding the Recent Decline in Wrapped Bitcoin Supply
Explore the recent decline in wrapped Bitcoin supply, its implications, and the story behind the numbers in the crypto market.
Bitfarms Exits Debt Quagmire with BlockFi: A $7.75 Million Settlement
Bitfarms settles $21M debt with BlockFi for $7.75M, releasing Backbone Mining’s assets as the cryptocurrency lender faces bankruptcy.