Track crypto bankruptcies, restructurings, creditor updates, and court filings tied to failed exchanges, lenders, and digital asset firms.
Celsius' total liabilities surpass its assets by $2.84 billion and its liquidity is expected to drop to negative $33.92 million by October.
Siacoin creator Skynet to keep operating despite the CEO blaming the company’s failure to focus on several things at once, making it difficult to develop one solid product.
The lender, which returned all SOL, XRP and ADA tokens to users over the past week, will allow withdrawal of up to 0.0045 BTC from Aug. 16.
A Ripple spokesperson reportedly said the firm was interested in looking for M&A opportunities to scale its business.
Crypto winter has left Nuri insolvent, while CoinFlex is looking to restructure to deal with its unpaid debt.
Celsius CEO Alex Mashinsky is accused of promoting false information about the safety of users' funds at the brink of the bankruptcy.
Celsius withdrew its motion to hire former CFO Rod Bolger as a consultant after hundreds of disgruntled investors wrote letters to the court.
Voyager revealed that its users would have a daily withdrawal limit of $100,000.
Judge Michael Wiles ruled that Voyager had presented a "sufficient basis" to allow its customers access to their funds at the Metropolitan bank.
