Celsius Network is bankrupt, so why is CEL price up 4,000% in two months?
Takeover rumors and an ongoing short squeeze help CEL price rally but is there enough momentum for more upside?
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Ripple Is Exploring a Buyout of Celsius’ Assets
Ripple Labs is considering a potential purchase of assets from Celsius amidst the latter company’s bankruptcy process. Ripple Considers Celsius Buyout Ripple could purchase Celsius’ assets. A Ripple spokesperson told...
German Crypto Exchange Nuri Files for Insolvency
Cryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s…
Voyager Digital reportedly had deep ties with SBF-owned Alameda Research
Financial documents of Voyager revealed that they lent nearly $1.6 billion in crypto loans to an entity registered in the British Virgin Islands, the same place Alameda is registered.
Hodlnaut Becomes Latest Crypto Lender to Freeze Withdrawals
Hodlnaut has said it is working on a recovery plan without disclosing any additional information concerning the current status of users’ funds. Hodlnaut Suspends Services Singapore-based crypto lending platform Hodlnaut...
Voyager Plans to Reopen Withdrawals Next Week
Voyager has gained court approval to begin providing customers with access to withdrawals. Voyager to Reopen Withdrawals Voyager Digital is planning to let customers withdraw their funds. The company initially...
Voyager plans to resume cash withdrawals on Aug. 11
The lending firm said clients with U.S. dollars in their accounts could withdraw up to $100,000 in a 24-hour period, with the funds received in 5–10 business days.
Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy
The Asian cryptocurrency exchange was impacted by the Celsius and Babel Finance defaults but is working with investors to resolve the situation.
Fed demands Voyager remove ‘false’ claims deposits are FDIC insured
The Fed and FDIC allege that Voyager “made various representations online" that its funds were FDIC insured.
Voyager Says FTX’s Buyout Offer Was Misleading “Low-Ball Bid,” SBF Fires Back
Commenting on Voyagers response to the proposal, FTX founder and CEO Sam-Bankman Fried said that only the bankruptcy lawyers would benefit from dragging out the proceedings, while the customers would...