Search Results for: bankruptcy

Crypto Exchange Bittrex Enters Chapter 11 Bankruptcy Protection Following SEC Lawsuit

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Bittrex Inc., the U.S.-based cryptocurrency exchange, has filed for Chapter 11 bankruptcy protection in Delaware after being sued by the U.S. Securities and Exchange Commission for failing to register with the regulator. The exchange reportedly has over 100,000 creditors and liabilities…

Voyager Digital Provides Update on Reimbursement Plan for Creditors

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Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days…

China warnt vor globaler finanzieller Instabilität durch die US-Wirtschaftspolitik

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China has urged the U.S. and other developed nations to assess the spillover effects of their economic and financial policies. “The economic and financial policies of the U.S. pose the biggest challenge to global financial stability,” according to the Chinese Ministry…

Sotheby’s versteigert die NFT-Sammlung von 3AC, Darunter „Zombie Punk“ von Larva Labs und „Golden Goose“ von Dmitri Cherniak

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Am Mittwoch, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrows Capital (3AC). Der…

Committee Advises SEC to ‘Aggressively Assert Authority’ Over Crypto — Says Virtually All Crypto Tokens Are Securities

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Die USA. Securities and Exchange Commission’s Investor Advisory Committee has advised the SEC to “aggressively” assert authority over crypto assets that are securities. The advisory committee believes that “virtually all, if not all, crypto tokens are securities,” urging the regulator to…

Microstrategy’s Bitcoin Holdings Reach 140,000 BTC After Acquiring 1,045 Millionen von NFT-Sammlungen, die beschuldigt werden, Kunst ohne Erlaubnis zu verwenden, drohen mit rechtlichen Schritten

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Nine days after publicly listed company Microstrategy purchased 6,455 Bitcoins, die Firma’s CEO, Michael Sailer, announced the purchase of an additional 1,045 Bitcoins. The business intelligence (BI) company now holds a total of 140,000 Bitcoins, Wert $3.97 Milliarde. Microstrategy Buys Another…

P2P-Bitcoin-Börse Paxful sperrt Marktplatz wegen Ungewissheit über die Rendite

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Laut einer Nachricht des Gründers und CEO von Paxful, Ray Youssef, Die Peer-to-Peer-Bitcoin-Handelsplattform stellt ihren Marktplatz ein, und das Unternehmen ist unsicher, ob es zurückkehren wird. Youssef nannte Herausforderungen wie Vorschriften und einige wichtige Personalabgänge, Aber…

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

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Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one…

Nasdaq Aims to Launch Crypto Custody Services in Second Quarter

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Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector…

Meta Winding Down Support for NFTs on Facebook, Instagram

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UNS. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting Off Support…