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Tag: crypto lender

Celsius to unstake $470M Ethereum amid restructuring efforts, raising market concerns

Bankrupt crypto lender Celsius will unstake 206,300 Ethereum, worth around $470 million, as part of efforts to facilitate the distribution of assets to creditors,...

Rotation Back Into Ethereum Begins, Could ETH Hit $10,000 in 2024? 

Ethereum’s recent lackluster price movement had many calling it an ‘ETH death’ as rivals Solana and Avalanche skyrocketed.  However, the fourth quarter layer-1 rotation...

Court approves Celsius Network’s Bitcoin mining plan

The US Bankruptcy Court for the Southern District of New York approved Celsius Network’s restructuring plans...

Crypto Users Lost $2B to Hacks, Scams and Exploits in 2023, De.Fi Says

The reduction, largely attributed to the implementation of improved security protocols, increased awareness within the community and the overall decreased activity in the market,...

Leadership Reshuffle At Bitcoin Heavyweight Grayscale: Barry Silbert Steps Down As Chairman Of The Board

Advertisement &nbsp &nbsp Grayscale Investments, the digital asset manager vying for United States Securities and Exchange Commission (SEC) approval to convert the world’s largest...

DCG CEO Silbert, President Murphy Exit Grayscale Board – Unchained

The Digital Currency Group-owned crypto asset manager, currently a spot bitcoin ETF candidate, has named two other DCG execs and its own CFO...

7 Crypto Court Cases Coming In 2024 – CryptoInfoNet

Several crypto industry stakeholders have pending lawsuits in the U.S. and other jurisdictions following a busy year for government prosecutors and digital asset attorneys.2023...

Decrypt’s 2023 Story of the Year: The War on Crypto – Decrypt

After years of mostly unkind words for the crypto industry, 2023 was the year that U.S. regulators took out the sticks and stones. Following the...

Bulgaria closes investigation into Nexo for lack of evidence

Bulgarian prosecutors have ended the criminal investigations into crypto lender Nexo. A report published on Friday said...

Judge Rules DCG Must Hold on to Genesis Until Bankruptcy Proceedings Conclude

Genesis, a bankrupt crypto lender, has successfully won a legal bid to prevent its parent company, Digital Currency Group (DCG), from selling or...

Crypto Exchange KuCoin to Pay $22M and End New York Services in Lawsuit Settlement

KuCoin will pay a total of $22 million in fines and refunds and cease operations in New York to settle a lawsuit brought...

DCG Agrees to Pay Genesis $275 Million by April 2024

A lawsuit filed by Genesis against its parent company DCG could soon conclude after the two reached an agreement that would see the...

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