Visa, Mastercard pause crypto push in wake of industry meltdown: reportThe crypto industry saw a stunning reversal of fortunes in 2022 as bankruptcies of industry majors FTX and BlockFi rattled investors and in...
28 Feb, 2023, 07.12 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
US securities regulator charges Genesis, Gemini with unregistered offeringsGenesis, a part of Digital Currency Group, entered into a deal with Gemini in December 2020 to offer Gemini customers the chance to loan th...
13 Jan, 2023, 01.59 PM IST
Crypto Price Today: Bitcoin marches towards $17K; Dogecoin continues to fallTop crypto tokens were trading mixed. Bitcoin moved towards $17,000 level. Ethereum regained the $1,200 mark and topped the gainers with a ...
21 Dec, 2022, 10.34 AM IST
Crypto stocks teeter near abyss as Fink’s warning adds to angstCryptocurrency firms including Coinbase Global Inc., Galaxy Digital Holdings Ltd. and MicroStrategy Inc. all plunged more than 25% last mon...
04 Dec, 2022, 09.39 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
Crypto exchange Bitfront shuts down"However, despite our efforts ... we have regretfully determined that we need to shut down BITFRONT in order to continue growing the LINE b...
29 Nov, 2022, 07.14 PM IST
Crypto exchange Bitfront shuts downBitfront said the move is unrelated to recent issues among certain crypto exchanges that have been accused of "misconduct".
29 Nov, 2022, 12.44 PM IST
As FTX contagion sweeps crypto markets, BlockFi declares bankruptcyBlockFi suspended withdrawals earlier this month, citing considerable exposure to Bankman-FTX Fried's exchange and its sibling hedge fund A...
29 Nov, 2022, 12.04 AM IST
Crypto lender BlockFi files for bankruptcy protectionNew Jersey-based BlockFi had earlier paused withdrawals from its platform and acknowledged it had "significant exposure" to FTX, and its as...
28 Nov, 2022, 09.14 PM IST
Crypto lender BlockFi files for bankruptcy protectionBlockFi said on Monday it had filed for Chapter 11 bankruptcy protection along with eight of its affiliates, in the latest casualty since F...
28 Nov, 2022, 09.13 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
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
Top crypto hedge fund Three Arrows Capital files for bankruptcyAccording to court documents seen by the Financial Times, crypto options and futures exchange "Deribit claimed Three Arrows failed to repay...
02 Jul, 2022, 02.23 PM IST
Crypto firm BlockFi signs $250 million revolving credit agreement with FTXBlockFi has signed a term sheet with digital asset exchange FTX for a $250 million revolving credit facility, the cryptocurrency firm's chi...
21 Jun, 2022, 07.00 PM IST
Crypto hedge fund Three Arrows Capital considers asset sales, bailoutThe ten-year-old hedge fund Three Arrows Capital, founded by Su Zhu and Kyle Davies, has hired legal and financial advisers to help it work...
17 Jun, 2022, 08.00 PM IST
Wall Street watchdog to laid-off crypto employees: work for usWhile federal agencies jockey for position to be the primary regulator for digital assets, regardless of the outcome, Financial Industry Re...
15 Jun, 2022, 08.20 AM IST