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Tag: defunct exchange

Hong Kong court deems crypto as property, in ruling on defunct exchange Gatecoin

Hong Kong’s High Court has recognized cryptocurrency as property in a March 31 landmark ruling in a legal tussle involving defunct crypto exchange Gatecoin.See...

Mt. Gox Repayment Drama: Creditors Left Hanging?

Registration window closed for repayments Repayments are to continue until Oct 31, 2023 The final deadline may extend with court approval Mt. Gox’s...

Chipper Cash Payments Firm Clarifies SVB Exposure, Denies Sales Talks

African Fintech company Chipper Cash, which was doubly backed by collapsed financial giants FTX and Silicon Valley Bank, may be experiencing some financial troubles....

Euler DeFi Protocol Faces Loss of $177M In Major Attack

Ethereum-compliant lending protocol Euler Finance lost $8 million in an attack. In 2022, it raised $32 million from industry giants Coinbase, Jump, Jane Street,...

Voyager Liquidates $56M in Ethereum, SHIB, and Other ERC-20 Tokens

On-chain data points to massive liquidations from the bankrupt crypto exchange Voyager.On March 9, the exchange reportedly liquidated $56 million in Ethereum (ETH), Voyager...

One Last Extension? Mt. Gox Registration Deadline Pushed Back

Mt. Gox creditors will have an additional month to select and register how they wish to receive compensation from the defunct exchange. This becomes...

FTX Statement Shows $1.6B BTC User Debt With Only $1M Available

FTX owes its customers $1.6B BTC with only $1M available. The bankrupt firm has $5.5 billion in liquid assets and over $11.5 billion in...

Key Week Ahead For Bitcoin As Mt. Gox Payments Approach, Will BTC Hold Above $22,000?

Bitcoin (BTC) bulls have withstood the selling pressure that pushed the price below $23,000 last week. As BTC holds above the previous trench of...

Michael Saylor: Charlie Munger Needs More Time with BTC

Charlie Munger hates bitcoin. He’s made that clear from the get-go. By contrast, Michael Saylor – the former CEO of MicroStrategy – loves bitcoin....

FTX Japan Users Withdraw Funds Amidst Legal Battle

The legal battle between FTX and Sam Bankman-Fried (SBF) has been ongoing, leaving FTX customers worldwide uncertain about the future of the exchange. In...

Chia CEO Faults Gary Gensler’s Blanket Crypto Classification

The SEC chairman said all digital assets, except Bitcoin will be classified as securities. Chia CEO, Gene Hoffman said his company plans to register...

Tom Brady Has Lost a Lot of Money Because of FTX

Tom Brady and his now ex-wife Gisele Bundchen have lost close to two million shares that were at one point, worth as much as...

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