More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo

Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexos Earn Interest Product (EIP) may be in violation of securities......

Miljardär Mark Cuban kaevati kohtusse massilise krüpto "Ponzi skeemi" väidetava reklaamimise eest

Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, is facing a class action lawsuit for promoting Voyager Digitals crypto products. The plaintiffs claim that Voyager wasa massive Ponzi schemeand Cubanduped millions of......

US State Regulator Warns About Crypto Interest-Bearing Accounts Amid Market Downturn

The financial regulator of the U.S. state of Arizona has warned investors about crypto interest-bearing accounts. “Some companies may materially overstate the degree to which their collateral practices protect their ability to pay investors the stated return,” the regulator said. State......

FTX to Help Voyager Customers, CEO Says Firm Willing to Deploy ‘Hundreds of Millions’ to Help Crypto Industry

The founder and CEO of the leading exchange FTX, Sam Bankman-Fried has offered to give early liquidity to Voyager Digitals customers, according to an announcement FTX published on July 22. Lisaks, Bankman-Fried discussed the crypto industry with CNBC in an exclusive......

Crypto Exchange Zipmex Halts Withdrawals Citing Market Conditions, Financial Difficulties of Business Partners

Cryptocurrency exchange Zipmex has halted withdrawals due tovolatile market conditions, and the resulting financial difficulties of our key business partners.The exchange operates in Singapore, Australia, Indonesia, and Thailand. Zipmex Pauses Withdrawals Crypto exchange Zipmex, which operates in Singapore, Australia,......

Tether Liquidates Celsius Bitcoin Loan — ‘Position Has Been Liquidated With No Losses’ to the Company

On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation causedno losses to Tether.According to the stablecoin issuer, the......

Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors

On July 4, the crypto lending company Vauld announced it suspended withdrawals, kauplemine, and deposits after disclosing the firm isfacing challenges.While not naming any specific companies, the Singapore-based cryptocurrency lending platform and exchange mentionedfinancial difficultiesstemming fromkey......

Blockfi tegevjuht ütleb, et FTX-l on võimalus omandada krüptolaenuandja hinnaga kuni 240 miljonit dollarit

According to Blockfis co-founder Zac Prince, the company has signed definitive agreements with the crypto firm FTX and the deal is currently up to shareholder approval. The deal represents a total of $680 miljonit, but Prince also noted that $240 million......

Probleemne Crypto Hedge Fund 3AC, mida Singapuri rahandusamet noomib, Likvidaatorid Eye Su Zhu omadused

Kolmapäeval, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (AGA) has reprimanded 3AC for misleading regulators. Lisaks, reports......

Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure

Kolm päeva tagasi, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds......