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RBI's Big Relief: Loans, Bank Guarantees Can Be Used For Trading Till July
The decision comes as RBI did not want to disturb markets when they are already volatile due to the Iran conflict.
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Stream Finance Discloses $93 Million Loss After Probe, Halts Operations
DeFi platform Stream Finance has paused operations following a $93 million (roughly Rs. 825 crore) loss caused by an external fund manager. The company has hired Perkins Coie LLP to investigate the incident and plans to recover liquid assets. The halt highlights growing risks and transparency concerns across decentralised finance ecosystems.
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Millionaire CEO Refuses To Take Wife On Vacation, Internet Can't Believe It: "This Is Pure Greed"
His tweet has divided opinion, with many questioning why Xu wouldn't use some of his wealth for leisure activities with his wife.
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WazirX Restructuring Plan Heads to Court in January; Risk of Liquidation If Rejected
Zettai stated that it is awaiting Singapore Court approval to present its restructuring plan to creditors. It added that if the plan is not approved, WazirX’s only remaining option would be liquidation.
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FTX Cleared to Repay Billions to Customers After Bankruptcy Plan Approval
FTX has received court approval of its bankruptcy plan. The plan is built on a series of settlements with FTX customers and creditors, US government agencies, and liquidators appointed to wind down FTX's operations outside the US.
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SushiSwap DeFi Protocol Loses $3 Million in Exploit, Here’s What is Known About It
SushiSwap, an automated market maker (AMM) DEX, that uses a liquidity pool to facilitate trades, has reportedly undergone an exploit attack over the weekend. Researchers have claimed that SushiSwap users who engaged with the protocol between April 4 and April 9 were most likely to have been affected as part of this attack.
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FTX Tells US Bankruptcy Court It Has Recovered $5 Billion in Assets After Collapse
FTX told a US bankruptcy court that the exchange has recovered $5 billion (roughly Rs. 40,780 crore) in assets as part of the crypto exchange's efforts to salvage funds after it collapsed last year. The funds are in the form of cash, liquid cryptocurrency, and liquid investments securities, according to the company.
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Binance CEO Changpeng Zhao Announces Launch of Industry Recovery Fund
Binance CEO CZ has announced forming an industry recovery fund as the FTX crisis tanks the crypto market. Binance’s recovery fund will help long-running successful projects affected by the liquidity crisis.
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FTX Files US Bankruptcy Proceedings, Sam Bankman-Fried Steps Down as CEO
Crypto exchange FTX filed US bankruptcy proceedings on Friday and Sam Bankman-Fried stepped down as CEO, after a rapid liquidity crisis at the cryptocurrency group that has prompted intervention from regulators around the world. The distressed crypto trading platform had been struggling to raise billions in funds to stave off collapse after trader...
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Asset Tokenisation: Here’s What We Know About It
Asset tokenisation is the process of creating digital units of a physical or virtual property that is held on blockchain networks. They may be exotic ones like sports teams, artworks, and celeb merchandises as well as traditional assets like binds, commodities, capital funds, and real estate. Tokenising an asset can increase the liquidity of the as...
-
RBI's Big Relief: Loans, Bank Guarantees Can Be Used For Trading Till July
The decision comes as RBI did not want to disturb markets when they are already volatile due to the Iran conflict.
-
Stream Finance Discloses $93 Million Loss After Probe, Halts Operations
DeFi platform Stream Finance has paused operations following a $93 million (roughly Rs. 825 crore) loss caused by an external fund manager. The company has hired Perkins Coie LLP to investigate the incident and plans to recover liquid assets. The halt highlights growing risks and transparency concerns across decentralised finance ecosystems.
-
Millionaire CEO Refuses To Take Wife On Vacation, Internet Can't Believe It: "This Is Pure Greed"
His tweet has divided opinion, with many questioning why Xu wouldn't use some of his wealth for leisure activities with his wife.
-
WazirX Restructuring Plan Heads to Court in January; Risk of Liquidation If Rejected
Zettai stated that it is awaiting Singapore Court approval to present its restructuring plan to creditors. It added that if the plan is not approved, WazirX’s only remaining option would be liquidation.
-
FTX Cleared to Repay Billions to Customers After Bankruptcy Plan Approval
FTX has received court approval of its bankruptcy plan. The plan is built on a series of settlements with FTX customers and creditors, US government agencies, and liquidators appointed to wind down FTX's operations outside the US.
-
SushiSwap DeFi Protocol Loses $3 Million in Exploit, Here’s What is Known About It
SushiSwap, an automated market maker (AMM) DEX, that uses a liquidity pool to facilitate trades, has reportedly undergone an exploit attack over the weekend. Researchers have claimed that SushiSwap users who engaged with the protocol between April 4 and April 9 were most likely to have been affected as part of this attack.
-
FTX Tells US Bankruptcy Court It Has Recovered $5 Billion in Assets After Collapse
FTX told a US bankruptcy court that the exchange has recovered $5 billion (roughly Rs. 40,780 crore) in assets as part of the crypto exchange's efforts to salvage funds after it collapsed last year. The funds are in the form of cash, liquid cryptocurrency, and liquid investments securities, according to the company.
-
Binance CEO Changpeng Zhao Announces Launch of Industry Recovery Fund
Binance CEO CZ has announced forming an industry recovery fund as the FTX crisis tanks the crypto market. Binance’s recovery fund will help long-running successful projects affected by the liquidity crisis.
-
FTX Files US Bankruptcy Proceedings, Sam Bankman-Fried Steps Down as CEO
Crypto exchange FTX filed US bankruptcy proceedings on Friday and Sam Bankman-Fried stepped down as CEO, after a rapid liquidity crisis at the cryptocurrency group that has prompted intervention from regulators around the world. The distressed crypto trading platform had been struggling to raise billions in funds to stave off collapse after trader...
-
Asset Tokenisation: Here’s What We Know About It
Asset tokenisation is the process of creating digital units of a physical or virtual property that is held on blockchain networks. They may be exotic ones like sports teams, artworks, and celeb merchandises as well as traditional assets like binds, commodities, capital funds, and real estate. Tokenising an asset can increase the liquidity of the as...
