Bankruptcy
Bankrupt crypto lender Voyager set to auction off its assets on Sept. 13
Voyager said it had received multiplied bids from over 22 parties interested in buying up its assets.
Christian Nwobodo 2 min read
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Bankruptcy
Celsius wants to return $210 million worth of custody assets
The firm has filed a petition to allow eligible customers to withdraw assets from its custody program and Withhold accounts.
Bankruptcy
Zipmex enables up to $153 worth of ETH withdrawals
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.
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Virginia pension funds invest in crypto yield farming despite recent turmoil
Despite the recent liquidity crisis among several crypto lenders, the Fairfax county pension funds expect to earn "attractive yields."
Lending
Zipmex aims to slowly reinstate withdrawals of certain altcoins
Zipmex said that it is working to recover funds from Babel Finance and has signed a MOU with two investors to fully re-enable withdrawals.
Stablecoins
GHO Stablecoin to be launched as Aave DAO gives a 99.9% approval
Aave DAO gives development team the greenlight to launch its decentralized stablecoin GHO. Aave users will mint the stablecoin against their supplied collateral.
Bankruptcy
Vauld gets three-month moratorium from Singapore High Court for protection against creditors
The court has asked Vauld to share cash flow and management of accounts details with creditors within two and eight weeks respectively.
Lending
Celsius reveals customer data breach by vendor’s employee
Celsius has downplayed the extent of the breach, saying its systems and security was not impacted.
Lending
BlockFi has $1.8B in outstanding loans, $600M of which are uncollateralized
BlockFi's quarterly transparency report revealed the company has $1.8 billion in outstanding loans to clients and that it was able to return at least 50% of the total amounts due to clients in less than 7 days.
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Nexo has a crypto card that lets you spend without selling your assets
Investments
Investors lost over $100M after Invictus Capital moved funds into UST, Celsius against their wishes
Lending
Celsius terms of use do not guarantee return of customers’ funds
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