Voyager Digital co-founder sued by US regulators for fraudVoyager was one of several crypto firms to collapse in 2022, along with Celsius Network and BlockFi, after crypto prices plummeted amid int...
13 Oct, 2023, 09.11 AM IST
Bankrupt crypto lender Voyager Digital predicts 35% customer payoutCryptocurrency lender Voyager Digital said Wednesday that customers will soon recover about 35% of their cryptocurrency deposits as the com...
18 May, 2023, 08.10 AM IST
Bankrupt crypto lender Voyager Digital predicts 35% customer payoutVoyager filed for bankruptcy protection in July, citing volatility in cryptocurrency markets and a default on a large loan made to crypto h...
18 May, 2023, 12.19 AM IST
BlockFi gets court nod to return $297 million to wallet customersBlockFi was one of several crypto lenders to go bankrupt in 2022, and questions about the ownership of customer funds have also been raised...
12 May, 2023, 12.00 AM IST
Crypto shaken as SVB exposure Depegs $37 billion StablecoinThe second-largest stablecoin fell from its intended $1 peg, trading as low as 81.5 cents as investors reacted to the exposure of issuer Ci...
11 Mar, 2023, 10.21 PM IST
Crypto firms acted like banks, then collapsed like dominoesIn a span of less than 12 months, nearly all of the biggest cryptocurrency companies have failed spectacularly.
24 Jan, 2023, 08.30 PM IST
Crypto lending teeters on brink of extinction after Genesis collapseThis will make the market and its practices look more similar to lending in traditional markets, including rules on how much collateral mus...
21 Jan, 2023, 12.33 PM IST
FTX customers file class action to lay claim to dwindling assetsThe lawsuit is the latest legal effort to lay claim to the dwindling assets of FTX, which is already feuding with liquidators in the Bahama...
28 Dec, 2022, 08.08 AM IST
Crypto meltdown a boon for bankruptcy lawyersLarge law firms can rake in more than $100 million in legal fees during a long-running bankruptcy, experts said. "You've got to pay the gra...
02 Dec, 2022, 04.44 PM IST
Smartkarma Research: FTX Fallout - A Quick UpdateOn November 14, the Company filed a motion in the Delaware court to allow FTX to modify creditor list requirement from top 20 creditor list...
24 Nov, 2022, 10.39 AM IST
Binance-FTX saga: Ongoing bloodbath in crypto and what to expect aheadFor crypto investors, this entire week has been a rollercoaster ride
11 Nov, 2022, 05.46 PM IST
What crisis? High-stakes crypto lending looks here to stayThree Arrows filed for bankruptcy in July and Blockchain.com told Reuters it had yet to recover a cent of its loan. The text exchange is am...
21 Sep, 2022, 11.26 AM IST
State securities regulators investigating Celsius accounts freezeCelsius said that due to extreme market conditions, it was pausing withdrawals, swaps and transfers between accounts. The company said that...
17 Jun, 2022, 08.52 AM IST
How to Earn Interest on Ethereum31 Mar, 2022, 04.45 PM IST
Crypto banking and decentralized finance, explainedThe development of Bitcoin and thousands of other cryptocurrencies in a little over a decade has changed the definition of money — and spaw...
05 Sep, 2021, 09.45 AM IST
Crypto’s rapid move into banking elicits alarm in WashingtonIn recent months, top officials from the Federal Reserve and other banking regulators have urgently begun what they are calling a “crypto s...
05 Sep, 2021, 09.38 AM IST
While cryptocurrency ventures struggle for funding, it's advantage lendingMost lenders in the crypto industry set up shop in 2017, initially offering enthusiasts a way to borrow cash without having to sell down th...
03 Jan, 2019, 03.30 PM IST