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Voyager Digital Has Filed for Bankruptcy Protection
Voyager Digital Has Filed for Bankruptcy Protection
News  -  Business  -  Jul 06, 2022 by Deniz Saat

On July 6th, 2022, Voyager Digital announced that the cryptocurrency brokerage firm is filing for Chapter 11 bankruptcy. This was done as a “a voluntary Chapter 11 process to maximize value for all stakeholders.” Additionally, all of Voyager Digital’s main subsidiaries “filed voluntary petitions for reorganization under Chapter 11”

Three Arrows Capital Collapses and Files For Bankruptcy
Three Arrows Capital Collapses and Files For Bankruptcy
News  -  Business  -  Jul 02, 2022 by Deniz Saat

Crypto hedge fund Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in order to protect its U.S. assets. Currently a liquidation is taking place for the company in the British Virgin Islands after a court order from a judge. This occurred after claims that 3AC failed to

Blockchain.com Faces Huge Loss From Three Arrows Capital Loan
Blockchain.com Faces Huge Loss From Three Arrows Capital Loan

Blockchain.com is the latest victim in the Three Arrows Capital (3AC) fallout as the exchange stands to lose up to $270 million based on the company’s latest shareholder letter. 3AC is currently undergoing liquidations in the British Virgin Islands and is being handled by partners from Teneo Restructuring,

News  -  Business  -  Jul 08, 2022
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Blockchain.com Faces Huge Loss From Three Arrows Capital Loan
Blockchain.com Faces Huge Loss From Three Arrows Capital Loan

Blockchain.com is the latest victim in the Three Arrows Capital (3AC) fallout as the exchange stands to lose up to $270 million based on the company’s latest shareholder letter. 3AC is currently undergoing liquidations in the British Virgin Islands and is being handled by partners from Teneo Restructuring,

News  -  Business  -  Jul 08, 2022
Voyager Digital Has Filed for Bankruptcy Protection
Voyager Digital Has Filed for Bankruptcy Protection

On July 6th, 2022, Voyager Digital announced that the cryptocurrency brokerage firm is filing for Chapter 11 bankruptcy. This was done as a “a voluntary Chapter 11 process to maximize value for all stakeholders.” Additionally, all of Voyager Digital’s main subsidiaries “filed voluntary petitions for reorganization under Chapter 11”

News  -  Business  -  Jul 06, 2022
Three Arrows Capital Collapses and Files For Bankruptcy
Three Arrows Capital Collapses and Files For Bankruptcy

Crypto hedge fund Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in order to protect its U.S. assets. Currently a liquidation is taking place for the company in the British Virgin Islands after a court order from a judge. This occurred after claims that 3AC failed to

News  -  Business  -  Jul 02, 2022
BlockFi Outlines Acquisition Path With FTX U.S.
BlockFi Outlines Acquisition Path With FTX U.S.

Crypto trading and lending firm, Blockfi, announced on July 1st, 2022 a deal with FTX U.S. that would provide the firm with a $400 million revolving credit line that outlines the path to an acquisition. The agreement is now subject to shareholder approvals which would provide FTX an option

News  -  Bitcoin  -  Jul 02, 2022
Voyager Digital Suspends All Trading, Deposits, and Withdrawals
Voyager Digital Suspends All Trading, Deposits, and Withdrawals

On July 1st, 2022 Voyager announced that the crypto-only brokerage is temporarily suspending trading, deposits, withdrawals, and loyalty rewards for all customers until further notice. CEO Stephen Ehrlich stated that the decision was made in order to provide Voyager with “more time to continue exploring strategic alternatives with various interested

News  -  Bitcoin  -  Jul 01, 2022
First Spot Bitcoin ETF in Europe to Launch in July
First Spot Bitcoin ETF in Europe to Launch in July

As per the recent press release, Jacobi Asset Management will be launching the first Bitcoin spot ETF in Europe by July, although the exact date is unknown as of now. The ETF received regulatory approval in October 2021 by Guernsey Financial Services Commission (GFSC). It will have an annual management

News  -  Bitcoin  -  Jun 30, 2022
21Shares Announces a Low Fee Bitcoin ETP
21Shares Announces a Low Fee Bitcoin ETP

21Shares is the world's largest issuer of cryptocurrency exchange traded products (ETPs), and its newest offering, the Crypto Winter Suite, is a robust toolkit for navigating the bear market. The Crypto Winter Suite is actually a line of products, all of which aim to help investors “buy the

News  -  Bitcoin  -  Jun 30, 2022
FTX To Buy Distressed BlockFi at Insane Discount
FTX To Buy Distressed BlockFi at Insane Discount

A term sheet is currently being finalized between derivatives exchange FTX and digital assets platform BlockFi due to extreme market volatility and mismanagement within the company.  According to CNBC, an FTX spokesperson said the company “would not be commenting on the matter.” BlockFi was also unavailable to comment. FTX had

News  -  Business  -  Jun 30, 2022
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