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.
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Binance aims to allocate $1 billion for crypto recovery fund
Binance CEO Changpeng Zhao is aiming to stockpile $1 billion for an industry recovery fund.
Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations
Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that…
Celsius, Voyager Reveal FTX Exposure
Two of this summer’s biggest crypto bankruptciesCelsius and Voyagerhave revealed exposure to FTX, which could dramatically restructure their bankruptcy proceedings. Celsius Has $1.3M Locked, $13M Loans Celsius reported exposure to...
Elephant in the Room: FTX Troubles Force Exchange Executives to Talk About Proof-of-Reserves
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has…
Voyager customers could recover 72% of frozen crypto under FTX deal
The plan is tentative at this stage and won't be finalized until it receives approval from Voyager's creditors and the bankruptcy payout plan is approved by the judge.
FTX Wins Voyager Digital’s Asset Auction
Bankrupt crypto lender Voyager Digital announced today that FTX had won its assets at auction. FTX Wins Voyager Auction FTX has won Voyager Digital’s assets. According to an announcement, FTX’s...
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...
Analysts: BRICS Currency Meant to Rival USD, Trump Warns of Depression as Kiyosaki Predicts Bond Crash, Waits to Buy Bitcoin — Bitcoin.com News Week in Review
BRICS nations have revealed they’re “creating an international reserve currency” analysts believe is meant to challenge the U.S. dollar and the International Monetary Fund’s Special Drawing Rights (SDR) currency. Further,…
Fed Board, FDIC Order Voyager Digital to Retract Federal Deposit Insurance Claims
Following Voyager Digital’s application for bankruptcy protection during the first week of July, Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board today issued a joint letter to the…