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Nexo Secures Preliminary VARA Approval to Launch Crypto Lending and Brokerage Services in Dubai

Nexo Secures Preliminary VARA Approval to Launch Crypto Lending and Brokerage Services in Dubai

On Tuesday, Nexo announced its Dubai entity, Nexo DWTC, had secured preliminary approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to...
Mar, 06, 2024
by Bitcoin News
Singapore High Court Mandates Hodlnaut Liquidation, Sets Stage for 17,000 Customer Reimbursements 

Singapore High Court Mandates Hodlnaut Liquidation, Sets Stage for 17,000 Customer Reimbursements 

In a dramatic culmination to a turbulent period for Hodlnaut, the Singapore High Court has ordered the crypto lender’s liquidation, tasked with the...
Nov, 14, 2023
1 min read
by Bitcoin News
Celsius Bankruptcy Saga Nears Closure as Court Approves Restructuring Plan

Celsius Bankruptcy Saga Nears Closure as Court Approves Restructuring Plan

In a pivotal moment for Celsius Network LLC and its affiliates, the Southern District of New York Bankruptcy Court has issued a confirmation order ...
Nov, 09, 2023
2 min read
by Bitcoin News
Judge Urges for SEC Decision on Planned Celsius Restart as Crypto Miner

Judge Urges for SEC Decision on Planned Celsius Restart as Crypto Miner

America’s securities regulator has been urged to decide if it will approve a plan to transform Celsius Network into a bitcoin mining firm. The prop...
Nov, 01, 2023
2 min read
by Bitcoin News
Blockfi CEO Blames FTX and Alameda Collapse for Firm’s Bankruptcy

Blockfi CEO Blames FTX and Alameda Collapse for Firm’s Bankruptcy

Blockfi CEO Zac Prince testified Friday that the downfall of FTX contributed to his company’s bankruptcy. Prince appeared as a government witness i...
Oct, 14, 2023
2 min read
by Bitcoin News
CFTC Sues Former CEO of Crypto Lender Voyager for Fraud

CFTC Sues Former CEO of Crypto Lender Voyager for Fraud

The U.S. Commodity Futures Trading Commission (CFTC) charged the former CEO of bankrupt cryptocurrency lender Voyager Digital with fraud. The regul...
Oct, 14, 2023
2 min read
by Bitcoin News
Genesis Takes Legal Action Against DCG Over $600M Debt Dispute

Genesis Takes Legal Action Against DCG Over $600M Debt Dispute

In a legal dispute that unfolded on Wednesday, Genesis Global Capital, the bankrupt cryptocurrency lending unit, has filed a lawsuit against its pa...
Sep, 07, 2023
by CoinCu News
BlockFi Wants To Convert Client Crypto Into “Trade Only” Asset Amid Bankruptcy

BlockFi Wants To Convert Client Crypto Into “Trade Only” Asset Amid Bankruptcy

Cryptocurrency lending firm BlockFi has taken a step forward in its ongoing bankruptcy proceedings by submitting a proposed court order aimed at co...
Aug, 30, 2023
by CoinCu News
Celsius Asks Users To Update Personal Info, Is It Time For Crypto Distribution?

Celsius Asks Users To Update Personal Info, Is It Time For Crypto Distribution?

It has now been more than one year since crypto lender Celsius Network filed for bankruptcy, leading to a rollercoaster 13 months for investors so ...
Aug, 25, 2023
2 min read
by Bitcoinist
Crypto Lender BlockFi Says Its Customers Are More Important Than FTX

Crypto Lender BlockFi Says Its Customers Are More Important Than FTX

Bankrupt crypto lender BlockFi has moved to recover several assets in a bid to settle its customers as part of its ongoing bankruptcy proceedings. ...
Aug, 23, 2023
2 min read
by Bitcoinist

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