Crypto lender Celsius Network cleared to exit bankruptcyNew Jersey-based Celsius filed for Chapter 11 protection in July 2022, one month after freezing customer accounts to prevent withdrawals. C...
10 Nov, 2023, 08.53 AM IST
Crypto lender Celsius sends bankruptcy plan to creditor voteJudge Martin Glenn signed off on Celsius's disclosure statement and solicitation materials at a U.S. Bankruptcy Court hearing in Manhattan,...
15 Aug, 2023, 08.27 AM IST
Crypto lender Celsius picks Fahrenheit's bid for bankruptcy exitFahrenheit, a consortium that includes blockchain-based venture capital firm Arrington Capital, will provide the capital, management team a...
25 May, 2023, 01.24 PM 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
Crypto lender Celsius Network chooses NovaWulf bid for bankruptcy exitThe proposed deal with NovaWulf should allow Celsius to exit Chapter 11 and begin returning crypto assets to customers in June, Celsius att...
16 Feb, 2023, 11.52 AM IST
Another crypto company goes bustOne of the world’s largest crypto lenders, Genesis froze withdrawals in November after the spectacular collapse of FTX.
22 Jan, 2023, 12.18 PM IST
Crypto contagion deepens: Coinbase to lay off about 950 employeesCoinbase said it expects to incur a total of about $149 million to $163 million in restructuring expenses.
10 Jan, 2023, 09.22 PM IST
Crypto firms off to rocky start in 2023 with outflows, layoffs and a lawsuitThe fallout from the collapse of crypto exchange FTX and criminal charges leveled against its founder Sam Bankman-Fried weighed heavily on ...
06 Jan, 2023, 09.06 AM IST
Crypto miner Core Scientific files for Chapter 11 bankruptcyThe Austin, Texas-based miner said it would not liquidate and would continue to operate normally, as it expects to enter into a restructuri...
21 Dec, 2022, 04.41 PM IST
Ex-FTX CEO Sam Bankman-Fried arrested in Bahamas, US to unveil chargesIt marks a sunning fall from grace for the 30-year-old entrepreneur who rode a cryptocurrency boom to create one of the world's largest cry...
13 Dec, 2022, 03.24 PM IST
BlockFi makes first appearance in bankruptcy courtBlockFi is expected to tell U.S. Bankruptcy Judge Michael Kaplan in Trenton, New Jersey why it went bankrupt and how it plans to exit from ...
29 Nov, 2022, 05.05 PM IST
Oracle fined $23M on bribery charges; Mahindra expects to triple biz with Rivigo acquisitionIn a major revelation by the US Securities and Exchange Commission, software major Oracle was fined over $23 million for using slush funds ...
28 Sep, 2022, 08.14 PM IST
Celsius CEO steps down amid bankruptcy proceedingsCelsius, based in Hoboken, New Jersey, filed for Chapter 11 bankruptcy on July 13, one month after freezing withdrawals and transfers for i...
28 Sep, 2022, 11.17 AM IST
Clients of crypto lender Celsius face long wait over fate of their fundsCiting extreme market conditions, Celsius froze withdrawals in June in a move that reverberated through the crypto world and beyond, spurri...
15 Jul, 2022, 09.48 PM IST
India loses its only crypto advocacy body; IT biggies to cut hiringThe Internet and Mobile Association of India has decided to shut down the Blockchain and Crypto Assets Council, whose members included top ...
14 Jul, 2022, 06.42 PM IST
Bitcoin may hit record-low of $10,000 per digital coin soonAccording to experts, the Bitcoin price will hit $10,000 before recovering to the $30,000 level.
12 Jul, 2022, 05.16 PM IST