FTX Sues Crypto Exchange Bybit to Recover $953 Million in Cash and Assets
Nov. 13, 2023 4:39 pm ET|WSJ ProBankrupt cryptocurrency exchange FTX has filed a lawsuit against Bybit Fintech and two affiliates...
Corporate Financial Difficulty
Celsius Network, One of Crypto’s Biggest Collapses, Ends Bankruptcy Case
Updated Nov. 9, 2023 2:47 pm ET|WSJ ProCelsius Network, the crypto platform that touted itself as safer than a bank,...
Crypto bankruptcy chaos spurs new derivatives standards
A new legal standard for crypto derivatives will give investors greater certainty over when or if they will get their money...
Genesis collapse closes an era for crypto’s pseudo-banks
The late-night bankruptcy filing of Genesis last week marked the end of an era for crypto lenders that tried to bring the...
Genesis Demise Marks End of Era for Crypto's Pseudo-Banks – WSJ
Risk in crypto-lending sector was poorly managed, subjecting users to heavy losses after epic boom. Source link
Bitcoin soars past $23,000 to highest since last September
Bitcoin BTCUSD, -1.20% soared past $23,000 on Saturday, its highest level since September, as the crypto currency market recovered some...
Crypto Lender Genesis Files for Bankruptcy. It Could Be Far Worse for Bitcoin.
Text size Bitcoin prices have been little moved amid news of Genesis’s bankruptcy. Dreamstime The lending businesses of Genesis have...
Crypto Lender Genesis Is Preparing to File for Bankruptcy Within Days
Crypto lender Genesis Global Trading Inc. is preparing to file for bankruptcy within days, according to people familiar with the...
Celsius Network Wins Ownership Rights to Customer Crypto Deposits
A bankruptcy judge ruled that digital coins deposited in Celsius Network LLC’s interest-bearing accounts belong to the firm, ruling against...
Hedge funds see bitcoin miners ‘going bust’ as crypto winter continues
Bitcoin miners enjoyed a bumper 2021 amid a historic bull market but with crypto suffering one of its worst-ever corrections...
