Tag: liquidation

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$70M in Fresh On-Chain USDC Positions at Risk of Liquidation if Stablecoin Depegs by 10%

$70M in Fresh On-Chain USDC Positions at Risk of Liquidation if Stablecoin Depegs by 10%

Traders using decentralized finance (DeFi) protocols to bet on a USDC revival over the weekend are at risk of eight-figure liquidations if the stablec [...]
Crypto industry may escape lasting damage from Silvergate liquidation

Crypto industry may escape lasting damage from Silvergate liquidation

Banks are the lifeblood of a nation’s economic system, and any bank collapse is disturbing. Last week saw two failures. On March 8, Silvergate Capital [...]
Crypto Bank Silvergate Announces ‘Voluntary Liquidation’

Crypto Bank Silvergate Announces ‘Voluntary Liquidation’

As a result, major crypto clients announced they would suspend their relationship with the bank, and its stock price fell 58% in intraday trading to a [...]
Hodlnaut founders propose selling the firm instead of liquidation

Hodlnaut founders propose selling the firm instead of liquidation

The founders of the troubled cryptocurrency lender Hodlnaut are trying to save the business despite creditors insisting on its liquidation.On Feb. 28, [...]
Hodlnaut creditors reject the restructuring plan, prefer liquidation

Hodlnaut creditors reject the restructuring plan, prefer liquidation

The Singapore-based troubled crypto lender is looking at a possible liquidation as the firm's creditors have rejected the proposed restructuring plan [...]
Hodlnaut Creditors Seek Liquidation, Reject Restructuring Plan: Bloomberg

Hodlnaut Creditors Seek Liquidation, Reject Restructuring Plan: Bloomberg

The proposed restructuring plan would have allowed Hodlnaut directors who were at the helm during its collapse to continue managing the company. Liqui [...]
Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults

Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults

Orthogonal defaulted on $36 million of loans on decentralized finance (DeFi) protocol Maple Finance earlier this month after it misrepresented its los [...]
Crypto Trading Firm Auros Global, Hit by FTX Collapse, Discloses Provisional Liquidation

Crypto Trading Firm Auros Global, Hit by FTX Collapse, Discloses Provisional Liquidation

Auros Global, the troubled crypto trading firm and market maker, disclosed Tuesday that it was granted a “Provisional Liquidation” request last month [...]
FTX's Bahamas Liquidators Seek to Exclude Over $200M Worth of Luxury Properties From Liquidation

FTX's Bahamas Liquidators Seek to Exclude Over $200M Worth of Luxury Properties From Liquidation

The unwinding of Sam Bankman-Fried’s sprawling empire is proving as unwieldy as the company itself. www.coindesk.com [...]
Bitcoin price liquidation risk increases as BTC struggles to reclaim $18K

Bitcoin price liquidation risk increases as BTC struggles to reclaim $18K

Bitcoin (BTC) price had a mixed reaction on Dec. 9 after the November report on United States producer prices showed a 7.4% increase versus 2021. The [...]
FCA-Regulated Crypto Custodian Digivault Is Up for Sale Following Eqonex Liquidation: Source

FCA-Regulated Crypto Custodian Digivault Is Up for Sale Following Eqonex Liquidation: Source

Digivault, which is not involved in the liquidation process, is currently winding down operations, according to the person familiar with the matter. A [...]
Alameda Had ‘Secret Exemption’ from FTX Liquidation Protocols, New CEO Says

Alameda Had ‘Secret Exemption’ from FTX Liquidation Protocols, New CEO Says

John J. Ray III, the new CEO of FTX, cited “the secret exemption of Alameda from certain aspects of FTX.com’s auto-liquidation protocol” among a list [...]
FTX Blowup Puts Trove of Prized Bored Apes at Risk of Liquidation

FTX Blowup Puts Trove of Prized Bored Apes at Risk of Liquidation

Yuga Labs, the NFT collective behind the majority of tokens held in the crypto empire’s wallet, has previously raised capital from FTX Ventures, thoug [...]
Crypto market bloodbath leads to $432M in liquidation

Crypto market bloodbath leads to $432M in liquidation

The crypto market turmoil entered the third week of September as most of the cryptocurrencies started the week on a bearish note. The total crypto mar [...]
Stone Ridge board approved plan for ‘liquidation and dissolution’ of its Bitcoin fund

Stone Ridge board approved plan for ‘liquidation and dissolution’ of its Bitcoin fund

Stone Ridge Asset Management, whose holding company is behind the New York Digital Investment Group, has filed notice with the United States Securitie [...]
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