2022-07-04
Another day another insolvent crypto... people can't be still this blind can they? https://twitter.com/...
CTech
Source: Celsius has laid off 150 employees, around a quarter of its staff, after pausing withdrawals on June 13; the lender says it is exploring restructuring
The American-Israeli company is parting ways with around 150 employees as it continues to look for a way out of a crisis that saw …
Another day another insolvent crypto... people can't be still this blind can they? https://twitter.com/...
The Block
Voyager Digital suspends trading, deposits, withdrawals, and rewards citing market conditions, after issuing a default notice to 3AC in June over a ~$650M loan
2022-07-03
Another day another insolvent crypto... people can't be still this blind can they? https://twitter.com/...
The Block
Voyager Digital suspends trading, deposits, withdrawals, and rewards citing market conditions, after issuing a default notice to 3AC in June over a ~$650M loan
- “This was a tremendously difficult decision, but we believe it is the right one given current market conditions,” CEO Stephen Ehrlich said in a statement.
Another day another insolvent crypto... people can't be still this blind can they? https://twitter.com/...
Entrepreneur's Handbook
After 3AC's collapse, centralized lenders with exposure to 3AC had failed, while their decentralized counterparts liquidated collateral and continued operating
This current crypto nuclear bear market marks my third brush with generalised market carnage.
2022-07-02
Another day another insolvent crypto... people can't be still this blind can they? https://twitter.com/...
Bloomberg
Three Arrows Capital files for Chapter 15 bankruptcy, a move that protects its US assets while a liquidation is carried out in the British Virgin Islands
Crypto hedge fund Three Arrows Capital has filed for Chapter 15 bankruptcy, a move that protects its US assets while a liquidation is carried out in the British Virgin Islands.