bankruptcy

BlockFi Sells $239 Million In Crypto To Pay For Expected Bankruptcy

BlockFi Inc. sold about $239 million of its own cryptocurrency and warned nearly 250 workers that they would lose their…

2 years ago

AAX Vice President Ben Caselin Resigned Amid Bankruptcy Rumors

The vice president of cryptocurrency exchange AAX shared that he resigned from the company along with helplessness because his proposals…

2 years ago

Binance Invests $2 Billion To Save Crypto Industry After FTX’s Fall From Grace

In an effort to support the recovery of the sector, Binance has pledged $2 billion to the company's crypto rescue…

2 years ago

Core Scientific Bitcoin Mining Company Lost Over $1.7 Billion This Year

Core Scientific Inc., the largest publicly traded U.S. Bitcoin miner in terms of computing power, said its losses for the…

2 years ago

Genesis Denies Rumors That The Company Is About To File For Bankruptcy

Genesis, a crypto lending company, has denied rumors that a bankruptcy filing is "imminent," according to Cointelegraph. As Coincu reported,…

2 years ago

FTX And Alameda Lose $3.7 Billion In 2022

According to court documents, Bankman-Fried's businesses mainly include trading company Alameda Research, founded in 2017, and cryptocurrency exchange FTX, launched…

2 years ago

Binance Refuses To Invest In Genesis Due To Fear Of Conflict Of Interest

Genesis is trying to find investors to get the company out of a liquidity crunch. However, Binance declined to participate…

2 years ago

Users Withdrawn At Least $20.7 Billion From CEX After FTX Crash

As reported by Coingecko, approximately $20.7 billion was withdrawn from CEX during the time the crypto community had to witness…

2 years ago

The Collapse Of FTX Empire – Drama Between Binance And FTX| Part 1

Over the past two weeks, the crypto market has been rocked by the collapse of FTX empire. Let's look at…

2 years ago

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