BlockFi plans to file assets and liabilities for bankruptcy case on Jan. 11
The company claimed that no members of the BlockFi management team had withdrawn any crypto from the platform since October 2022.
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Crypto lender Genesis lays off 30% more staff: Report
Genesis announced in August that it planned to cut its then 260-person workforce by 20%, with CEO Michael Moro moving into an advisory role.
Gemini’s Cameron Winklevoss Insists Digital Currency Group Needs to Resolve Liquidity Issues in Open Letter to CEO Barry Silbert
Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47…
Bringing community-based solutions to crypto lending can solve trust issues
The crypto lending space is plagued with trust and security concerns, but crypto lending platform BNPL Pay offers an innovative community-based lending solution.
Nexo leaving US, says country lacks clear regulations
The crypto lending platform says it will no longer accept new registrations, and operations for existing customers will eventually be wound down.
INX submits bid for Voyager Digital’s assets
FTX US won a $1.4-billion bid to purchase Voyager’s assets in September, but with the firm filing for bankruptcy, the funds were once again up for grabs.
Gemini gets regulatory greenlight in Italy, Greece amid lending halt
Winklevoss’ Gemini exchange received the latest regulatory approvals days before its lending product Gemini Earn faced major issues.
Crypto lender Matrixport seeks $100M funding despite lending crisis
Bitmain-backed crypto lender Matrixport is the other half of a new funding round targeting a $100 million raise.
Crypto lender Hodlnaut reportedly faces police investigation in Singapore
Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million.
Orthogonal Credit alleged key weaknesses in Alameda’s due diligence early in 2022
The firm pushed Maple Finance to halt Alameda's dedicated borrower pool earlier this year.
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