You Searched For "digital lenders" and got 20 results
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2 mins read
Crypto lender Celsius hires lawyers to help it restructure its finances, after it froze withdrawals of customer deposits: report
Celsius' customers have reportedly withdrawn more than $2.5 billion in assets this year as crypto p…
Zahra Tayeb
1 min read
Crypto lender Celsius Network pauses all withdrawals, transfers due to 'extreme' market conditions
The decision led to a nearly 55 per cent crash in the price of its digital token 'CELL' to as lo…
6 mins read
ICICI Bank vs HDFC Bank: How India’s top two private lenders have performed in Q4
India’s largest private lenders ICICI Bank and HDFC Bank have both declared their March quarter and…
2 mins read
India’s small digital businesses have a capital problem and this will only grow
Indian digital small and medium sized enterprises (SMEs) are on a growth path but suffer from a wor…
1 min read
A pair of public pension funds in Virginia have exposure to the collapse of crypto lender Genesis
Two pension funds in Fairfax County, VA invested $35 million in a VanEck fund listed as a Genesis c…
Morgan Chittum
1 min read
Celsius customers lose control of the $4.2 billion they deposited in accounts at the bankrupt crypto lender
Judge Martin Glenn said he "empathizes with the frustration account holders may feel if they didn't…
Zahra Tayeb
1 min read
Bankrupt crypto lender Celsius used Quickbooks for its accounting just like FTX, report says
According to an examiner's report, Celsius' logged its finances in 15 QuickBooks files and failed t…
Zahra Tayeb
2 mins read
Celsius customer received $67,000 tax bill for funds lost in crypto lender's bankruptcy, report says
Celsius Network customers like Doug Stringer are receiving massive tax bills because of the high-in…
Ryan Hogg
1 min read
Failed crypto lender Celsius says it's filing for bankruptcy
"This is the right decision for our community and company," Celsius's chief executive and co-founde…
George Glover
3 mins read
The unraveling of $3 billion crypto lender BlockFi amid FTX's 'death spiral', according to bankruptcy filings
"FTX's apparent 'rescue,' which began in the summer of 2022, stabilized BlockFi. But that was short…
Morgan Chittum
1 min read
Bankrupt crypto lender Genesis wants 'Bitcoin Jesus' to pay $20.9 million over expired options trades
The faltering digital asset firm filed for chapter 11 this month after enduring a double-whammy of …
Phil Rosen
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
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
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
Digital lending platforms see 3x year-on-year rise in disbursals to ₹14,016 crore in Q2 FY23
Fintechs issuing digital loans witnessed an over three-fold disbursal growth in Q2. The number and …
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
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
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
3 mins read
KV Kamath says digital economy can contribute 25% GDP by FY29
Noted banker KV Kamath, who now chairs the National Bank for Financing Infrastructure and Developme…
PTI
2 mins read
Sam Bankman-Fried's Alameda will repay $200 million in crypto to bankrupt lender Voyager - after the crash hit dollar values
The loan was worth $377 million before the crypto slump, which helped push lender Voyager into bank…