Babel Finance Wants to Repay Creditors With a New Token
The struggling Babel Finance cryptocurrency lender has suggested a new crypto project called “Babel Recovery Coin,” claiming to repay creditors with revenue generated by this new
The struggling Babel Finance cryptocurrency lender has suggested a new crypto project called “Babel Recovery Coin,” claiming to repay creditors with revenue generated by this new
Businesses in the digital asset sector are keeping their distance from Silvergate after the crypto-friendly bank postponed submitting its annual 10-K report to the Securities and
The founder of the bankrupt FTX cryptocurrency exchange, Sam Bankman-Fried, may have his bail withdrawn after a federal judge found “probable cause” to suspect the former
In an official announcement, Genesis said that it had reached an agreement in principle with the parent company DCG as well as several key creditors that
Buyers are reported to be circling the embattled Singaporean crypto lender Hodlnaut and their claims against FTX, according to a Bloomberg report.
BlockFi now gets approval to hold an auction for its crypto mining business, according to Bloomberg. The business may be able to raise some money and
The final report of the independent U.S. court-appointed examiner of the struggling cryptocurrency company Celsius reveals that the company misled its investors and occasionally used new
The founder and former CEO of the now-defunct FTX exchange was apprehended after the abrupt collapse of his crypto empire, which had a devastating impact on
There was a report that Celsius could change into a publicly traded, U.S.-regulated company by announcing that the company would issue crypto tokens as part of
As reported by the Reuters news agency on Monday, a lawyer for Genesis Global Capital, which has filed for bankruptcy, asserted that the cryptocurrency lender was
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