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Cryptocurrency exchange Gemini announced on Wednesday that Earn users have received $2.18 billion of their digital assets in kind, representing 97% of their assets owed and a 232% recovery since…
An overall trend reversal occurred in 2023 as crypto entrepreneurs took charge of the situation and helped regain investor confidence.
The decision ends the complex case with a creditor-approved plan that will see their partial reimbursement and make them shareholders in a new company.
Peer-to-peer marketplace Paxful will refund its Earn program users impacted by Celsius Network's bankruptcy.
Celsius users with funds held in its custody program have finally begun to withdraw funds, but users report delays due to a backlog of requests.
The shutdown of Nexo’s earn product follows from a multi-million dollar settlement the firm paid last month with U.S. regulators.
Digital Currency Group, a venture capital firm that owns a stake in more than 200 crypto projects, announced the dividend halt while one of its subsidiaries is in financial strife.
How a frozen bank account led one Bitcoin advocate to experiment with living on the Bitcoin Standard.
The bankrupt lender is set to hold auctions for its assets in January, while it's been given the green light to return some customer funds.
The funds are made up crypto held within custody accounts on Celsius that had not been transferred from earn accounts.