Generative Data Intelligence

Tag: distressed assets

Fintech Funding Plummet Off a Cliff: Worst Results in 5Y

The latest Pulse of Fintech report by KPMG highlighted a notable downturn in fintech investment in 2023. Global fintech investment fell to $113.7 billion in...

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MacroSlate Weekly: US economic indicators point towards contraction as unemployment stays at historic lows

Ad GFC vs. 2023It seems contraction in the U.S. economy is starting to appear. However, a recession is not scheduled for the time being....

Binance US Cleared to Buy Voyager Assets as Judge Dismisses SEC Objections

Binance US is one step closer to snapping up Voyager Digital’s assets after a bankruptcy judge today approved the process—SEC objections be damned. Bankrupt crypto...

Voyager Bankruptcy Judge Has Harsh Words for SEC’s Objection to Binance Deal

The judge overseeing crypto broker Voyager Digital’s bankruptcy proceedings had harsh words for an objection from the Securities and Exchange Commission during a court hearing...

Voyager Users Will Need Binance US Accounts to Get Their Money Back

Bankrupt crypto broker Voyager Digital has submitted a plan for customers to recover their assets through Binance US, according to court filings.The early opt-in...

Leaked bids: Binance, Galaxy Digital among secret bidders for Celsius assets

At least five firms placed bids on Celsius Network’s crypto assets, including Binance, Bank To The Future and Galaxy Digital, according to leaked information...

FTX’s Next Bankruptcy Hearing: Deadlines, Leases, and SBF’s Attorneys Step Forward

Deadline extensions and auctioning distressed assets are on the schedule along with Sam Bankman-Fried’s attorneys entering the chat during the next FTX bankruptcy hearing.The...

SEC Objects to Binance.US Buying Voyager Digital for $1 Billion

In a filing on Jan. 4, the financial regulator submitted a limited objection and reservation of rights. The SEC is pushing back on...

A series of events: Crypto’s 2022 timeline

The macroeconomic outlook for the cryptocurrency industry appears grim heading into the new year as the fallout from Bahamas-based cryptocurrency exchange FTX.com and the...

Musk out, German IFO survey, homebuilder sentiment, oil edges higher, gold wavers, cryptos lower

US stocks were unable to hold onto gains as recession worries run wild and as global bond yields surge higher after former Fed’s...

Four Positive Events in the Crypto Space This Year

OK, we admit it, not all of our ’12 Days of Cryptomas’ articles have direct tie-ins to the classic song! But we...

Binance CEO Changpeng Zhao says he should have tweeted sooner about FTX woes

The chief executive officer of the world’s largest cryptocurrency exchange, Binance Global Inc., Changpeng Zhao, regrets not sending earlier a tweet that contributed to...

Binance Launches $1 Billion Raise for Crypto ‘Recovery Fund’, Could Buy FTX Assets

Binance’s founder and CEO said the firm’s crypto rescue fund will initially have $1 billion to dole out as it steps into the role...

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