Crypto billionaire Sam Bankman-Fried, chief executive at FTX, said he and his company still have “a few” billion to backstop embattled digital asset companies, as crypto prices crash and the Read more
Tag: crypto
Crypto broker Voyager Digital files for bankruptcy
Cryptocurrency broker Voyager Digital Ltd. said Wednesday that it has filed for bankruptcy, days after it suspended withdrawals and trading on its platform amid growing turmoil in digital-currency markets. The Read more
Crypto hedge fund Three Arrows files for U.S. bankruptcy
Crypto hedge fund Three Arrows Capital has filed for bankruptcy under Chapter 15 of the U.S. Bankruptcy Code, according to a court filing in the Southern District of New York Read more
Crypto crash: How prices for bitcoin and ethereum changed in June 2022
Cryptocurrencies like bitcoin BTCUSD, +3.45% and ether ETHUSD, +3.91% have exploded in popularity in recent years, and are now traded by both individual investors and large companies like Tesla TSLA, -0.36% Read more
Bitcoin to record the worst first half of a year in history. Here’s what to watch in crypto for the second half.
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, Read more
Crypto exchange CoinFlex won’t lift withdrawal freeze yet, despite ‘significant progress’ in rescue token fundraising, CEO says
Crypto exchange CoinFlex, which has halted user withdrawals since June 23, will not lift the freeze on Thursday as originally planned, Mark Lamb, the company’s chief executive, told MarketWatch. The Read more
Crypto exchange CoinFlex won’t lift withdrawal freeze yet, despite ‘significant progress’ in rescue token fundraising, CEO says
Crypto exchange CoinFlex, which has halted user withdrawals since June 23, will not lift the freeze on Thursday as originally planned, Mark Lamb, the company’s chief executive, told MarketWatch. The Read more
Court orders liquidation of crypto hedge fund Three Arrows
A British Virgin Islands court ordered the liquidation of Three Arrows Capital Ltd. after creditors sued the cryptocurrency hedge fund for failure to repay debts. Nichol Yeo, a partner at Read more
Is the ‘Musk Effect’ on the crypto market starting to fade?
Elon Musk’s influence on cryptocurrencies seems to be waning. SpaceX and Tesla CEO Elon Musk has largely influenced cryptocurrency prices since the beginning of this year. But now his tweets Read more
Bitcoin and Dogecoin slipped again in the crypto market, Ether showed strength
The cryptocurrency market is called the market of volatility. But these days this volatility is more visible. Different opinions are emerging about the use of cryptocurrencies in different countries. Due Read more