Derivatives exchange CoinFLEX has made headlines recently after first freezing funds for account holders and then for revealing that Roger Ver, a widely known B-Cash advocate, owed the platform $47 million in collateral.
Co-founders Sudhu Arumugam and Mark Lamb have recently released an update on the company’s current state
Digital assets broker Genesis Global Trading revealed on Wednesday that it had exposure to now bankrupt Three Arrows Capital (3AC).
CEO Michael Moro said in a Twitter thread that Genesis sold its collateral and hedged its downside once they discovered that 3AC failed to meet a margin call in June.
Digital assets financial services company, EQONEX, has released a new product to the market that may excite large German investors who were waiting for a regulated way to buy Bitcoin. According to the press release, EQONEX has started offering a physically-backed Bitcoin ETN (exchange-traded note) on the Deutsche Borse XETRA
Digital assets financial services company, EQONEX, has released a new product to the market that may excite large German investors who were waiting for a regulated way to buy Bitcoin. According to the press release, EQONEX has started offering a physically-backed Bitcoin ETN (exchange-traded note) on the Deutsche Borse XETRA
Derivatives exchange CoinFLEX has made headlines recently after first freezing funds for account holders and then for revealing that Roger Ver, a widely known B-Cash advocate, owed the platform $47 million in collateral.
Co-founders Sudhu Arumugam and Mark Lamb have recently released an update on the company’s current state
Digital assets broker Genesis Global Trading revealed on Wednesday that it had exposure to now bankrupt Three Arrows Capital (3AC).
CEO Michael Moro said in a Twitter thread that Genesis sold its collateral and hedged its downside once they discovered that 3AC failed to meet a margin call in June.
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,
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”
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
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
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
