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3232TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals
https://www.digit.info/tsx-listed-voyager-digital-temporarily-suspends-trading-deposits-and-withdrawals/
Fri, 01 Jul 2022 21:19:44 +0000https://www.digit.info/2022/07/01/tsx-listed-voyager-digital-temporarily-suspends-trading-deposits-and-withdrawals/Read more]]>After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line from Alameda Ventures in order to “safeguard customer assets.” Five days later on July 1, Voyager announced the crypto company was “temporarily suspending trading, deposits, withdrawals and loyalty rewards.” Another […]
]]>Report: Celsius Hires Citigroup to Help the Startup Find ‘Potential Financing’
https://www.digit.info/report-celsius-hires-citigroup-to-help-the-startup-find-potential-financing/
Thu, 16 Jun 2022 19:30:50 +0000https://www.digit.info/2022/06/16/report-celsius-hires-citigroup-to-help-the-startup-find-potential-financing/Read more]]>According to “two people familiar with the matter,” the cryptocurrency lending company Celsius is working with the financial giant Citigroup in order to get advice on how to handle the firm’s financial hardship. The sources note that Citigroup was hired by Celsius to help the company find “potential financing.” Sources Say Celsius Is Looking for […]
]]>Binance Reveals Incident That Forced It to Freeze BTC Withdrawals
https://www.digit.info/binance-reveals-incident-that-forced-it-to-freeze-btc-withdrawals/
Tue, 14 Jun 2022 21:30:54 +0000https://www.digit.info/2022/06/14/binance-reveals-incident-that-forced-it-to-freeze-btc-withdrawals/Read more]]>In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from recurring, Binance said it changed the logic “to only take […]
]]>Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets
https://www.digit.info/celsius-insolvency-rumors-swirl-after-company-pauses-withdrawals-nexo-offers-to-buy-firms-assets/
Mon, 13 Jun 2022 14:00:19 +0000https://www.digit.info/2022/06/13/celsius-insolvency-rumors-swirl-after-company-pauses-withdrawals-nexo-offers-to-buy-firms-assets/Read more]]>On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto community has been discussing the cryptocurrency lending application Celsius as rumors of insolvency have been swirling. On June 12, around […]