Articles filed under
CoinFLEX
9 articles
ETH merge delay concerns; Buterin’s clown call
The ETH2 merge could once again be delayed. Meanwhile, Vitalik Buterin calls Michael Saylor “a total clown”.
CoinFLEX slashes team to ‘right-size’ for acquisition or partnership
Crypto exchange CoinFLEX has let go a “significant number” of employees to cut costs and focus on its core business, according to a blog post published by the platform’s cofounders Sudhu Arumugam and Mark Lamb. See related article: ‘We’re in a crypto super cycle,’ says CoinFLEX CEO Fast facts The staff cuts and non-staff costs […]
CoinFLEX enters arbitration; Mt Gox dump fears
CoinFLEX’s deficit rises to US$84 million as it enters arbitration. Meanwhile, a report claims Celsius Network had lost over US$350 million in DeFi.
CoinFLEX deficit rises to US$84 mln; enters recovery arbitration
CoinFLEX has entered arbitration in the Hong Kong International Arbitration Centre (HKIAC) to recover US$84 million from a “large individual customer,” according to a blog post published by the crypto trading platform’s cofounders Sudhu Arumugam and Mark Lamb on Saturday. See related article: Roger Ver says he will issue statement on default dispute with CoinFLEX […]
Bitcoin Jesus denies default; Celsius fight back planned
Bitcoin CEO Roger Ver denies defaulting on a loan to CoinFLEX. Meanwhile, Youtuber Bitboy takes aim at Celsius Network.
Roger Ver denies defaulting on US$47 mln loan from CoinFLEX
Early Bitcoin adopter and Bitcoin Cash promoter Roger Ver has denied defaulting on a US$47 million loan in USDC to beleaguered cryptocurrency exchange CoinFLEX. See related article: CoinFLEX to issue US$47 mln in tokens as it waits for ‘crypto whale’ to pay up Fast facts Ver tweeted overnight in Asia time that rumors of the […]
CoinFLEX issues recovery tokens; MAS says cryptos not currencies
CoinFLEX to solve its liquidity problems by issuing a recovery token. Meanwhile, Singapore’s central bank doubts crypto capabilities.
CoinFLEX to issue US$47 mln in tokens as it waits for ‘crypto whale’ to pay up
The crypto derivatives trading platform that halted withdrawals last week will issue the tokens that can be swapped into USDC or its own coin. See related article: Crypto winter ushers in account freezes as platforms feel the chill Fast facts CoinFLEX is issuing “rvUSD” tokens towards an outstanding debt owed by an unnamed high-net-worth individual, […]
CoinFLEX freezes withdrawals; Investors deserting Singapore
CoinFLEX joins other exchanges in freezing withdrawals. Meanwhile, crypto investors in Singapore head for the exits.