BlockFi Receives Court Green Light to Proceed with Customer Repayment Plan
The United States Bankruptcy Court in New Jersey has given its approval to BlockFi’s customer repayment plan, offering a glimmer of hope to investors looking to
crypto lender (Latest Publications)
Era Lend Exploited for almost $3.4M in Re-entrancy Attack
Based on the report by CertiK, the lending app, Era Lend, has become the victim of a $3.4 million exploit. Later, the amount of cryptocurrency stolen was an estimated $2.76 million.
Euler Finance Lost $195M in a Flash Loan Attack; Works on Funds Recovery
The Ethereum-based lending platform Euler Finance became the victim of a flash loan attack on March 13, in which the attacker stole millions in DAI stablecoins
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
Some Celsius Custody Customers Begin Withdrawing Their Assets
Several Celsius clients have claimed to be able to withdraw funds from the collapsed crypto business for the first time, over eight months after the lender
Crypto Lender Nexo Coughs Up $45M Fine to US Authorities
The US Securities and Exchange Commission (SEC) has slapped a penalty of $45 million to the cryptocurrency lending firm Nexo Capital Inc. for violating federal securities
Distressed Crypto Lender Vauld Obtains Extended Creditor Protection
Asian cryptocurrency lender, Vauld, has been granted a further extension in the period of creditor protection from a Singapore court. As per the court, the company
Crypto Lender Genesis Cuts 30% Workforce Amid Liquidity Crisis
Genesis Global Trading, one of the leading crypto lenders, has just slashed 30% of its workforce amid severe liquidity crisis following the collapse of Three Arrows
BlockFi Sues SBF After Filing for Chapter 11 Bankruptcy
On November 28, BlockFi filed a petition regarding its Chapter 11 bankruptcy. However, the firm has also sued Sam Bankman-Fried for his Robinhood shares. Bankman-Fried pledged
Genesis Global Capital Sought Emergency Loan of $1 Billion: Report
Genesis Global Capital, the lending arm of crypto investment bank Genesis Global Trading, was reportedly seeking an “emergency loan” from investors, before the company halted withdrawals
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