You Searched For "crypto lender" and got 20 results
Sort By:
1 min read
Bankrupt crypto lender BlockFi accidentally reveals it had over $1.2 billion in assets tied up with FTX
BlockFi's secret financials show the company's exposure is far greater than previous disclosures su…
Zahra Tayeb
3 mins read
Crypto lender Celsius pauses account withdrawals and transfers as digital tokens plummet across the board
"We are taking this necessary action for the benefit of our entire community in order to stabilize …
Zahra Tayeb
2 mins read
Goldman Sachs is looking to raise $2 billion to buy Celsius assets at bargain prices if the crypto lender goes bankrupt: report
Goldman Sachs is approaching Web3 crypto funds and traditional financial institutions to gauge inte…
Zahra Tayeb
3 mins read
Crypto lender Celsius is freezing withdrawals - after its founder promised to reinvent the financial system and never act like a traditional bank
Celsius froze withdrawals and transfers just a month after Terra's luna token crashed to zero, cont…
George Glover
1 min read
Bankrupt crypto lender BlockFi is seeking to reopen some customer withdrawals after halting them following FTX's collapse
A court will hear BlockFi's petition on allowing withdrawals from its Wallet product in early Janua…
Carla Mozée
2 mins read
Bankrupt crypto lender Celsius owes users $4.7 billion, court document reveals
Celsius Networks, a US-based crypto lender, which filed for bankruptcy protection on July 14, owes…
1 min read
Binance's US unit gets court approval to move forward with $1 billion bid for bankrupt crypto lender Voyager's assets
The court approval moves Voyager Digital customers closer to being able to make withdrawals for the…
Carla Mozée
2 mins read
BlockFi's CEO denies that Sam Bankman-Fried's FTX is nearing a deal to buy the struggling $1 billion crypto lender for $25 million
"Lots of market rumors out there — I can 100% confirm that we aren't being sold for $25 million," B…
George Glover
2 mins read
FTX boss Sam Bankman-Fried has bailed out struggling crypto lender BlockFi with a $250 million loan
SBF "is the new John Pierpoint Morgan - he is bailing out cryptocurrency markets," SkyBridge Capita…
George Glover
2 mins read
Jamie Dimon says he's deeply opposed to crypto and the government should 'close it down'
"I've always been deeply opposed to crypto, bitcoin, et cetera," Jamie Dimon said during a Congress…
Filip De Mott
2 mins read
Crypto lender Genesis reportedly owes creditors $3 billion, and is eyeing the sale of its parent company's venture assets to raise funds
The report comes amid a high-profile dispute between Genesis' parent company and the Winklevoss' cr…
Morgan Chittum
2 mins read
Bank of England boss Bailey says 'be prepared to lose all your money' in crypto after lender Celsius freezes accounts
"If you want to invest in these assets, OK. But be prepared to lose all your money," the governor o…
Zahra Tayeb
2 mins read
A former employee at bankrupt crypto-lender Celsius has sued the company, calling it a 'Ponzi scheme'
Jason Stone, the CEO of a firm that Celsius acquired, says the cryptocurrency lender failed to hedg…
Katie Canales
2 mins read
Sam Bankman-Fried is positioning himself as crypto's 'lender of last resort' - but even he reportedly couldn't deal with the $2 billion hole in Celsius' balance sheet
FTX walked away from a deal to buy Celsius before the troubled crypto lender filed for bankruptcy t…
George Glover
3 mins read
Crypto lender Vauld has frozen withdrawals, and hedge fund Three Arrows Capital has filed for bankruptcy. Here are the crypto firms hit by the sell-off.
The crash in crypto prices is spurring a liquidity crisis among lenders and exchanges. Here are the…
George Glover
1 min read
The SEC files an objection to Binance.US's $1 billion bid to buy Voyager Digital's assets, as the regulator scrutinizes deal for the bankrupt crypto lender
The SEC raised a question about Binance.US's ability to "consummate a transaction of this magnitude…
Carla Mozée
1 min read
Bankrupt crypto lender Celsius gets the go-ahead to hand out $2.8 million in bonuses to keep employees from quitting
Celsius has also asked the court to let it sell $18 million of user-deposited crypto to pay its bil…
Zahra Tayeb
1 min read
Crypto lender Celsius is betting on its mining operation to help it reorganize as creditors and customers look to recoup $5 billion from the firm
"In a world where the crypto market rebounds, the mining business has the potential to be quite val…
Jennifer Sor
1 min read
Crypto lender Celsius Network's valuation soars 2,400% in latest fundraising round
Celsius Network raised $400 million in its latest fundraising round, pushing its valuation to $3 bi…
Isabelle Lee
1 min read
Sam Bankman-Fried offered lenders 20% returns in a scramble to rescue his crypto empire from an earlier crisis in 2018, report says
Troubles at FTX and its sister company Alameda Research predated events of 2022 leading to their to…