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Tag: cryptocurrency lender

Analyst Anticipates Bitcoin Surge as GBTC Records Mere $170M Outflow

Bitcoin News On March 22, the Grayscale Bitcoin Trust (GBTC) witnessed outflow of a mere $170M. The negative impact on ETF trends may diminish if this...

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Celsius Network’s US$3 bln repayment begins

Celsius Network announced that it has commenced the repayment of US$3 billion in cryptocurrencies and fiat to its creditors, marking the end of the...

NuggetRush Becomes the Talk of the Town, Analysts Predict Major Gains Alongside Bitcoin Cash and TRON

TLDR Bitcoin Cash (BCH) falls further amid excitement around spot crypto ETFs. Tron (TRX) records slow network activity as controversies around its network...

Cryptocurrency Lender Nexo Takes $3 Billion Arbitration Claim Against Bulgaria

Cryptocurrency lender Nexo is seeking $3 billion in damages through arbitration against Bulgaria, alleging wrongful investigations and subsequent charges were politically...

Celsius Network Turns To Bitcoin Mining to Resolve Bankruptcy and Repay Customers

<!-- -->Celsius Network is transforming into a Bitcoin mining firm in order to settle debts and avoid bankruptcy. Celsius Network, a...

Genesis Proposes Slashing 3AC Claim from $1B to $33M – TheNewsCrypto

Defi News The crypto lender has decided to settle out of court to avoid the risks and expenses. Genesis has proposed...

NY AG Sues Gemini, Genesis, and DCG for Fraud

By Eden Rohrer, Aiden O’Leary, and Josh Durham On 19 October 2023, New York Attorney General Letitia James filed a lawsuit...

95% of Celsius Creditors Vote to Accept Restructuring Plan

More than 95% of creditors across all eligible classes voted to accept the plan, reported Celsius on September 26. It is a “testament to...

Former Chief Revenue Officer Pleads Guilty

In a significant development within the cryptocurrency sector, Roni Cohen-Pavon, the former Chief Revenue Officer (CRO) of Celsius, has entered a guilty plea in the United States...

Alex Mashinksy’s assets were frozen by court order in August

A federal court in New York issued a Post-Indictment Restraining Order against Alexander Mashinsky, former CEO of the bankrupt cryptocurrency lender Celsius Network, on...

Insolvent Vauld Secures Court Approval for Board Restructuring

Defi News The restructuring of the corporation will be overseen by the new management. The bulk of the company’s debtors are...

Shiba Inu ($SHIB) Price Could Skyrocket If It Holds Key Levels, Says Popular Crypto Analyst

Popular cryptocurrency analyst Micheal van de Poppe has revealed that he believes the meme-inspired cryptocurrency Shiba Inu ($SHIB) can see its value rise significantly...

Voyager’s token transfer to Coinbase sparks sell-off suspicions

Bankrupt cryptocurrency lender Voyager Digital transferred 1,500 Ether (ETH), worth around $2.77 million and an additional 250 billion Shiba Inu (SHIB), worth roughly $2.7...

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