Bankruptcy
Money printer go brrr sparking crypto market recovery
Crypto market cap surges after Fed introduces emergency measures, with expectations of triggering the bull market.
Samuel Wan 2 min read
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Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
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Binance CEO CZ ‘Banks are a risk to fiat-backed stable coins’ in reaction to SVB, USDC Depegging
Binance CEO hints at possible bank acquisitions amid crypto-friendly banks facing severe distress and failures.
Bankruptcy
Elon Musk says he is ‘open to the idea’ of Twitter buying SVB to become a digital bank
The embattled Tesla and Twitter CEO made the comments in response to a Tweet suggesting he should take over the distressed bank.
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Stablecoins
Op-ed: Why the USDC depeg is not a reason to panic
We delve into the stability of USDC and analyze crucial factors and risks associated with it.
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Crypto Twitter labels Senator Warren ‘tone deaf’ on crypto audits amid SVB meltdown
The community said the tweet was Warren's latest attempt to demonize the crypto industry and called it "tone deaf" amid the banking crisis involving Silicon Valley Bank (SVB).
Bankruptcy
Circle, BlockFi may have exposure to Silicon Valley Bank; other firms deny exposure
SVB's collapse marks one of the largest bank failures in U.S. history.
Legal
U.S. government appeals Voyager-Binance.US deal
The appeal comes shortly after Voyager received permission to sell its assets.
Bankruptcy
Blockchain.com to shutter asset management division
The service closure should not affect the company's retail users.
Bankruptcy
FTX proposes $4M employee bonus plan; intends to sell $45M stake in Sequoia Capital
FTX intends to sell its stake in venture capital firm Sequoia Capital for $45 million to Al Nawwar Investments RSC Limited.
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Crypto buyers flee the market as headwinds intensify, global market cap falls below $1T
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Mt. Gox pushes deadline for BTC repayment registration to April
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Silvergate Bank will halt operations and undergo liquidiation
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