Results for "ftx"
Fundraising Rounds with Thalex, Li.Fi and DeepNFTValue, Voyager Might not Fully Repay Customers, Celsius Continues to Settle Debts
Fundraising rounds continue with Thalex, Li.Fi, and DeepNFTValue raising millions. Reports indicate that Voyager’s recovery plan does not guarantee refunds to all customers. Celsius, on the other hand, is continually settling its debts as part of its recovery plan. Futures…
Celsius (CEL) Dumps Legal Advisors, Hires Kirkland & Ellis LLP for Its Restructuring
Celsius (CEL) has dumped its legal advisors and has engaged the services of Kirkland & Ellis LLP for its restructuring process, according to reports on July 10, 2022. The crypto lender has halted fund withdrawals since May and recently sacked…
SAND, SOL, and ETH Rise as Inflation Talks Continue
According to Wu Blockchain, the Fed did not mention a recession in its June FOMC meeting, but mentioned inflation 90 times. As the second quarter approaches, the FOMC believes that the US economy will improve and the overall trend remains…
Voyager Digital Seeks Bankruptcy Protection as ETH and BTC Struggle to Remain Afloat
Due to the recent market volatility and the sudden collapse of Three Arrows Capital, a prominent crypto broker, Voyager Digital, filed for bankruptcy protection on Monday. The company, based in the U.S., said it had around $1 billion to $10…
A Closer Look into Binance’s Cards, Deposits, and Staking Offers
Since it was founded in 2017, Binance has become one of the most prominent platforms in the cryptocurrency trading industry. The initial success of the exchange was so impressive that it had to suspend its registrations in January 2018. Since…
3AC Files for Bankruptcy, Fundraising Rounds with AltLayer and Soba, Huobi Ventures Invests in Land of Conquest
Three Arrows Capital (3AC), the troubled crypto-focused hedge fund, recently filed for bankruptcy. Huobi Ventures invests in Land of Conquest, while other projects like Soba and AltLayer complete successful funding rounds. Three Arrows Capital Files for Bankruptcy In one of…
Embattled Crypto Lending Platform Celsius Lays Off 150 Workers
Cryptocurrency lending platform Celsius has fired about a quarter of its workforce, days after assuring customers that it is working hard to fix its withdrawals and liquidity issues, according to reports on July 3, 2022. Celsius in Troubled Waters Citing…
Three Arrows Capital Files for Bankruptcy, Voyager Suspends Deposits and Withdrawals, Zigazoo Raises $17 Million to Grow Its Web3 Presence
Three Arrows Capital, also known as 3AC, has filed for bankruptcy in the United States. The Chapter 15 bankruptcy was filed in the Southern District of New York on Friday night, just days after 3AC was forced into liquidation in…
Bitcoin Bloodbath: Three Arrows Capital Officially Files for Bankruptcy
Three Arrows Capital (3AC) has officially filed for Chapter 15 bankruptcy, days after a court in the British Virgin Islands ordered the liquidation of the company’s assets, reports Bloomberg on July 1, 2022. Three Arrows Capital Kicks the Bucket As…
Kraken vs. Crypto.com: Which Is Better to Trade and Grow Crypto Holdings On?
Crypto.com is a crypto trading platform with different options from trade to investment, staking, wallets, and NFTs. Kraken is a crypto exchange based in San Francisco that supports crypto trading. Cryptocurrencies have grown in popularity among investors, traders, and other…
Ledn to Save BlockFi, Creditors Call for Three Arrows Liquidation, El Salvador Buys 80 BTC
Earlier today, reports emerged that Ledn, a Canada-based lending network offered to help save BlockFi from its troubles. In other news, Deribit and Blockchain.com call for liquidation of 3 Arrows Capital, while El Salvador buys a new BTC chunk. Ledn…
Coinbase Plans European Expansion As It Seeks Operating Licenses
The largest crypto exchange platform in the United States, Coinbase, seeks to expand outside the shores of America. The exchange is looking to keep pace with Binance, Crypto.com, and FTX, which have made considerable strides in Europe. Coinbase Push for…
Genesis Trading Remains Strong Despite Suffering Significant Losses Says CEO Michael Moro
Genesis Trading has suffered significant losses amounting to hundreds of millions of dollars partly due to its exposure to the now-bankrupt Three Arrows Capital. However, the firm claims it has mitigated its losses and will continue to meet the needs…
Beleaguered Three Arrows Capital Ordered Into Liquidation
The problems surrounding the Singapore-based Cryptocurrency hedge fund Three Arrows Capital (3AC) continue to mount, with recent reports stating that the struggling firm received an order to liquidate its assets. Liquidation Order for 3AC 3AC is one of a number…
Solana Labs Unveils Saga, A Web3-Powered Smartphone
Solana’s (SOL) parent company, Solana Labs has announced plans to launch an Android smartphone for the network. Solana Labs further revealed that the Web3-focused device would be ready early next year. Solana Announces Saga Mobile Phone The team at Solana…
Binance vs. Binance.us: How Are They Different?
Binance is the world’s largest crypto exchange by volume. It claims to handle a daily transaction volume of over $75B. Binance.us is a US subsidiary of Binance.com but is governed independently. It was launched to offer Binance services in the…
Crypto Futures Trading: A Complete Beginner’s Guide
Crypto futures are a popular way to trade crypto assets, enabling traders and investors to take leveraged positions in bitcoin and other cryptocurrencies without having to own the underlying asset. Read on to learn what crypto futures are, how they work,…
Binance U.S. Removes Trading Fees on Four Bitcoin Pairs
Binance.U.S. has announced the introduction of zero-fee trading for four bitcoin (BTC) pairs on its spot market. Both new and existing customers of the exchange will no longer be charged fees when they trade the BTC/USD, BTC/USDT, BTC/USDC, and BTC/BUSD…
