Crypto lender Hodlnaut’s creditors reject restructuring plan, prefer liquidation: report
Creditors of Singapore-based crypto lending and borrowing platform Hodlnaut have rejected a proposed restructuring plan and wish to liquidate the company.
-
-
Alameda liquidators get liquidated while consolidating funds on DeFi lending platform Aave
Alameda Research liquidators were liquidated for US$72,000 from an on-chain position on decentralized finance (DeFi) lending platform Aave while trying to consolidate funds
-
Weekly Market Wrap: Bitcoin rebounds above US$18,000, Ether gains over 13%
Bitcoin rallied above the US$18,000 mark for the first time in nearly a month. Is this the start of a bull run or just another relief rally on the back of easing inflation pressure?
-
Why is it harder to arrest Terra-Luna founder Do Kwon than FTX’s Sam Bankman-Fried?
South Korea’s attempts to extradite the founder of the collapsed Terra-Luna stablecoin will remain hamstrung while the courts in Seoul dispute the charges against him.
-
Markets: Bitcoin, Ether trade higher; Solana biggest weekly gainer among top 10 cryptos
Bitcoin and Ether rose in Friday afternoon trading in Asia, along with all other top 10 non-stablecoin cryptocurrencies, after the U.S. posted a 6.5% year-on-year increase in the Consumer Price Index for December, which came in lower than inflation readings in previous months.
-
Crypto.com announces 20% cut in headcount, cites post-FTX market conditions
Crypto.com will lay off 20% of its workforce, its co-founder and chief executive officer Kris Marszalek said Friday in a Twitter post.
-
SEC in the U.S. charges Genesis, Gemini with selling unregistered securities
The U.S. Securities and Exchange Commission on Thursday charged cryptocurrency lender Genesis Global Capital and crypto exchange Gemini Trust with offering and selling unregistered securities to retail investors.
-
Coinbase to cut jobs, shut down most of its cryptocurrency operations in Japan
Coinbase, the world’s second largest cryptocurrency exchange by trade volume, is cutting jobs and closing down most of its operations in Japan.
-
Markets: Bitcoin, Ether prices jump as U.S. indicator shows inflation pressure is easing
Bitcoin and Ether prices jumped in Friday morning trading in Asia after the December U.S. Consumer Price Index released overnight rose 6.5%.
-
Bitcoin price rebounds as U.S. inflation cools
Bitcoin rebounded above US$18,000 on Friday as the U.S. consumer price index, rose 6.5% in December, matching expectations and continuing a downtrend from previous months.