July 06, 2022
Reckless Crypto Lending, Opaque Operations Paved Voyager Digital’s Path to...
A $500 million line of credit couldn’t save crypto brokerage Voyager Digital from bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
July 06, 2022
Crypto Lender Voyager Seeks Chapter 11 Protection
Crypto lender Voyager filed for Chapter 11 bankruptcy protection a week after halting withdrawals and two weeks after getting a $485 million bailout from FTX founder Sam Bankman-Fried’s firm Alameda...
July 05, 2022
Sam Bankman-Fried’s Buyouts Aren’t Stopping Crypto’s Dominoes From Falling
Sam Bankman-Fried’s stated goal of stopping a few insolvent crypto lenders from cascading into a failed string of dominoes is starting to look a lot more like bargain hunting. Get...
July 05, 2022
Today in Data: Continuing Crypto Struggles
Today in data, cryptocurrency markets continue to lose value, while the number of crypto users at one of America’s biggest banks drops by more than half. Get the Full Story...
July 04, 2022
Crypto Lender Vauld Suspends Withdrawals as Customers Yanked $200M
Crypto lender Vauld, which is backed by both Coinbase and investor Peter Thiel, has suspended withdrawals, citing the crisis on the digital asset market, the Financial Times reported Monday (July...
July 03, 2022
Report: FTX Founder Sam Bankman-Fried Considers Miner Acquisitions
Crypto exchange FTX US co-founder Sam Bankman-Fried said he would consider making acquisitions among beaten-up crypto mining companies, Bloomberg reported Friday (July 1). Get the Full Story Complete the form...
June 30, 2022
Today in Crypto: OneCoin Founder Ruja Ignatova Added to FBI’s...
The founder of OneCoin, Ruja Ignatova, is now on the FBI’s Ten Most Wanted list after she allegedly defrauded over $4 billion from investors, CoinDesk reported Thursday (June 30). Get...
June 30, 2022
FinTech IPO Index Closes Q2 Down 43% for the Year
No respite into the end of the quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
June 30, 2022
FTX Passed on Celsius After Seeing Balance Sheet
Cryptocurrency exchange operator FTX was contemplating a deal to bail out troubled Celsius but ultimately walked away because the crypto lender’s balance sheet added up to a “$2 billion hole,”...