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FTX Founder Dismisses Balance Sheet Concerns After Rival Binance Announces Token Liquidation
FTX Founder Sam Bankman-Fried on Monday reassured investors in a series of tweets after Changpeng Zhao, the CEO of rival Binance said on Sunday that the exchange planned to liquidate its holdings of the former's token. Zhao had stated that the FTX token holdings would be sold "due to recent revelations that have come to light", but did not specify ...
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FTX Bags Assets of Bankrupt Crypto Lender Voyager for Around $1.44 Billion
-FTX crypto exchange has bagged the assets of bankrupt crypto lender Voyager. The winning bid is valued at approximately $1.422 billion (roughly Rs. 11,602 crore). FTX’s winning bid comprised an additional consideration that is estimated as providing approximately $111 million (roughly Rs. 905 crore) of incremental value.
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From Emergency Capital Infusions to Bankruptcy: How the Crypto Meltdown Hit These Companies the Hardest
Celsius Network, Voyager, Vauld, Blockfi, and Three Arrows Capital are some of the companies that were hit the hardest by the ongoing crypto meltdown that has seen the value of Bitcoin fall more than 56 percent from this year's high. These companies have been forced to seek emergency capital infusions, frozen withdrawals, or filed for bankruptcy. H...
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Voyager Digital Rejects FTX, Alameda Research's Buyout Offer Calling It 'Low-Ball'
Struggling crypto lender Voyager Digital rejected FTX’s offer to buy all its assets and refund customers in a July 24 letter due to it being a “low-ball” offer that may "hurt customers." FTX CEO Sam Bankman-Fried has meanwhile responded to this on Twitter.
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FTX Crypto Exchange Plans Partial Bailout of Bankrupt Voyager's Customers
FTX said on Friday it was planning to offer Voyager Digital's customers access to some of their funds, the latest relief measure by the Sam Bankman-Fried-led cryptocurrency exchange for the ailing crypto industry.
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Celsius Files for Bankruptcy a Month After Freezing Withdrawals, Amid Ongoing Industry Turmoil
Celsius, the cryptocurrency investment platform, revealed on Wednesday that it had filed for bankruptcy in the US. The move comes a month after Celsius froze withdrawals on its platform, and the firm says it is seeking to restructure in a way that would maximize value for all stakeholders. Other firms also recently suspended withdrawals, such as Co...
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Voyager Digital Files for Bankruptcy Week After Suspending Withdrawals, Trading and Deposits
Crypto lender Voyager Digital has filed for bankruptcy, as part of a procedure that puts a hold on all civil litigation matters and allows companies to prepare turnaround plans while remaining operational. Voyager’s move comes a week after it suspended withdrawals, trading and deposits to its platform as it sought additional time to explore strat...
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Crypto Lender Voyager Digital Suspends Withdrawals, Trading, Deposits to Its Platform
Crypto lender Voyager Digital announced the suspension of withdrawals, trading and deposits to its platform. The move is said to be in terms with the firm exploring strategic alternatives to preserve the value of its platform.
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Three Arrows Capital Accused of Exceeding Assets Threshold, Providing False Information
Crypto hedge fund Three Arrows Capital has been accused of exceeding its assets threshold and providing false information by Monetary Authority of Singapore (MAS). Crypto broker Voyager Digital issued 3AC with a default notice on Monday after it failed to make payments on a loan.
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Navy's All-Women Crew Sailboat INSV Tarini Docks In Falkland Islands
The Indian Navy sailing team out to make history as the first-ever voyage by an all-women crew to circumnavigate the globe is now docked at Port Stanley, the capital of Falkland Islands a British Overseas Territory.
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FTX Founder Dismisses Balance Sheet Concerns After Rival Binance Announces Token Liquidation
FTX Founder Sam Bankman-Fried on Monday reassured investors in a series of tweets after Changpeng Zhao, the CEO of rival Binance said on Sunday that the exchange planned to liquidate its holdings of the former's token. Zhao had stated that the FTX token holdings would be sold "due to recent revelations that have come to light", but did not specify ...
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FTX Bags Assets of Bankrupt Crypto Lender Voyager for Around $1.44 Billion
-FTX crypto exchange has bagged the assets of bankrupt crypto lender Voyager. The winning bid is valued at approximately $1.422 billion (roughly Rs. 11,602 crore). FTX’s winning bid comprised an additional consideration that is estimated as providing approximately $111 million (roughly Rs. 905 crore) of incremental value.
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From Emergency Capital Infusions to Bankruptcy: How the Crypto Meltdown Hit These Companies the Hardest
Celsius Network, Voyager, Vauld, Blockfi, and Three Arrows Capital are some of the companies that were hit the hardest by the ongoing crypto meltdown that has seen the value of Bitcoin fall more than 56 percent from this year's high. These companies have been forced to seek emergency capital infusions, frozen withdrawals, or filed for bankruptcy. H...
-
Voyager Digital Rejects FTX, Alameda Research's Buyout Offer Calling It 'Low-Ball'
Struggling crypto lender Voyager Digital rejected FTX’s offer to buy all its assets and refund customers in a July 24 letter due to it being a “low-ball” offer that may "hurt customers." FTX CEO Sam Bankman-Fried has meanwhile responded to this on Twitter.
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FTX Crypto Exchange Plans Partial Bailout of Bankrupt Voyager's Customers
FTX said on Friday it was planning to offer Voyager Digital's customers access to some of their funds, the latest relief measure by the Sam Bankman-Fried-led cryptocurrency exchange for the ailing crypto industry.
-
Celsius Files for Bankruptcy a Month After Freezing Withdrawals, Amid Ongoing Industry Turmoil
Celsius, the cryptocurrency investment platform, revealed on Wednesday that it had filed for bankruptcy in the US. The move comes a month after Celsius froze withdrawals on its platform, and the firm says it is seeking to restructure in a way that would maximize value for all stakeholders. Other firms also recently suspended withdrawals, such as Co...
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Voyager Digital Files for Bankruptcy Week After Suspending Withdrawals, Trading and Deposits
Crypto lender Voyager Digital has filed for bankruptcy, as part of a procedure that puts a hold on all civil litigation matters and allows companies to prepare turnaround plans while remaining operational. Voyager’s move comes a week after it suspended withdrawals, trading and deposits to its platform as it sought additional time to explore strat...
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Crypto Lender Voyager Digital Suspends Withdrawals, Trading, Deposits to Its Platform
Crypto lender Voyager Digital announced the suspension of withdrawals, trading and deposits to its platform. The move is said to be in terms with the firm exploring strategic alternatives to preserve the value of its platform.
-
Three Arrows Capital Accused of Exceeding Assets Threshold, Providing False Information
Crypto hedge fund Three Arrows Capital has been accused of exceeding its assets threshold and providing false information by Monetary Authority of Singapore (MAS). Crypto broker Voyager Digital issued 3AC with a default notice on Monday after it failed to make payments on a loan.
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Navy's All-Women Crew Sailboat INSV Tarini Docks In Falkland Islands
The Indian Navy sailing team out to make history as the first-ever voyage by an all-women crew to circumnavigate the globe is now docked at Port Stanley, the capital of Falkland Islands a British Overseas Territory.
