restructuring News

EthereumPoW will disband its core development team to achieve full autonomy for the network.

The U.S. Securities and Exchange Commission's request for more information has paused Fahrenheit's plan to revive bankrupt crypto lender Celsius, highlighting the ongoing regulatory challenges in the crypto sector.

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…

Vauld has announced the suspension of fund withdrawals, deposits, and all trading activities on its platform. The firm says the crypto market downturn has brought serious financial challenges upon it and is now weighing several options to salvage the unfortunate…