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Tag: crypto lender

Gemini Earn users could see as little as 61% of their crypto investments returned

Gemini Earn users might get just 61% of the value of their crypto holdings as of Jan. 19, 2023, according to a reorganization plan...

Crypto Exchange KuCoin to Pay $22M and End New York Services in Lawsuit Settlement

KuCoin will pay a total of $22 million in fines and refunds and cease operations in New York to settle a lawsuit brought...

DCG Agrees to Pay Genesis $275 Million by April 2024

A lawsuit filed by Genesis against its parent company DCG could soon conclude after the two reached an agreement that would see the...

Crypto Exchange Bullish Acquires CoinDesk, Financial Details Undisclosed

Crypto exchange Bullish, led by former NYSE President Tom Farley, acquired CoinDesk, a major player in crypto-focused media, events, and indexing. Posted...

From Silicon Valley to Sand Dunes: Why Indian crypto firms eye Dubai expansion

According to RBI Remittance Survey 2021, India’s 30% expat population in the United Arab Emirates (UAE) account for 18% of the US$110 billion global...

South Korean Pension Fund Buys $20M Worth of Coinbase Stock

The third-quarter purchase included 282,673 shares that have since gained about 40% in value. Seoul, South Korea ...

Judge Allows FTX, BlockFi to Resume Claim Negotiations

Crypto lender BlockFi recently emerged from bankruptcy and has claimed the defunct crypto exchange FTX cost it more than $1 billion. ...

Bitvavo Secures Austrian License

Bitvavo has secured a milestone in its European expansion strategy. The Austrian Financial Market Authority has granted the Dutch cryptocurrency exchange authorization to operate as a...

Three Arrows Capital (3AC) and Genesis Seek to Settle $1 Billion Claims

Bankrupt crypto lender Genesis – a subsidiary of Digital Currency Group – has reached a settlement to resolve $1 billion in claims filed...

Failed Crypto Lender Hodlnaut Ordered Into Liquidation

Upon the crash of Terra’s ecosystem a year and a half ago, the ripple effects harmed many digital asset companies in one way...

Celsius Network Obtains Approval for Restructuring

Celsius Network has secured the approval of the US bankruptcy court to restructure its business. In the plan, the company has promised to return crypto assets...

Crypto Lender Hodlnaut Will Be Liquidated

The Singapore-based lender had exposure to the collapses of the Terra ecosystem and FTX. Singapore Supreme Court building. ...

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