Tag: lender
Crypto Lender MakerDAO Founder Proposes Upgraded Versions of DAI Stablecoin and Governance Token (MKR)
The new governance token will have a larger supply than MKR, with a 1200:1 exchange rate to MKR. It will also give access to Maker’s AI-assisted gover [...]
Crypto Lender BlockFi Customers Can Be Repaid $300M Held in Custodial Accounts, Judge Says
“The court finds that all digital assets held by the debtors in custodial omnibus wallets are indeed client property, and not property of the bankrupt [...]
Bankrupt Crypto Lender Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’
Regular customers, misled by management, didn’t understand the implications of this transfer – but more sophisticated Series B investors were well awa [...]
Belgian Crypto Lender Bit4You Suspends Activities After Service Provider Declared Insolvent
Bit4You learnt of CoinLoan's insolvency on April 24 and that it no longer has the necessary registration as a digital asset custodian.
www.coindesk.c [...]
Crypto lender BlockFi is granted extra time to file Chapter 11 exit plan
BlockFi, a lender of digital assets, was given additional time to submit a bankruptcy exit plan by a New Jersey bankruptcy judge in the United States [...]
U.S. Government Allows $1B Deal Between Bankrupt Crypto Lender Voyager Digital and Changpeng Zhao’s Binance.US to Proceed
“The plan and confirmation order contemplate certain transactions and other steps, including making certain distributions to Debtors’ account holders… [...]
Crypto Lender Maple Finance Opens U.S. Treasury Bill Pool for Cash Management
Maple’s new lending pool offers accredited investors, crypto firms and DAO treasuries a way to earn yield on their idle stablecoin holdings by investi [...]
Crypto lender Babel gets extended creditor protection in Singapore
Troubled cryptocurrency lending firm Babel Finance has more time to repay debts to creditors like Deribit after suspending withdrawals in 2022.A court [...]
Crypto Lender Amber Group Weighs Selling Japan Unit: Bloomberg
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Crypto lender Amber Group considers selling Japan unit: Report
Amber Group, a Singapore-based crypto lender, is considering selling its Japanese unit as part of its plan to focus more on institutional business rat [...]
Bankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients
The decision, which is subject to a bankruptcy court’s approval, comes after a DFPI investigation found the now-bankrupt crypto lender “failed to prov [...]
Crypto Lender Kokomo's Developers Use Wrapped Bitcoin for $4M ‘Exit Scam’
All social media presence was deleted and Kokomo tokens fell 95%.
www.coindesk.com [...]
Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs
The majority of the 6,376 mining rigs BlockFi sold to U.S. Farms & Mining are Bitmain Antminers, according to a previous filing. They are spread a [...]
Embattled Crypto Lender Celsius Network Allocates $25M for Custody Account Withdrawals, Burns $500M in Wrapped Bitcoin
Crypto lender Celsius Network, which is currently operating under bankruptcy protection, has established a crypto wallet with $25 million of digital a [...]
Crypto Lender Celsius Should Continue Exclusive Right To Pursue Novawulf Deal, Judge Says
Enough progress has been made to suggest the plan to set up a new recovery corporation should be the only one on the table, Martin Glenn said
www.coi [...]