crypto
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A US bankruptcy judge approves Voyager's plan to sell its crypto platform to Binance.US for $20M, overruling objections from federal regulators and some states (Steven Church/Bloomberg)
Steven Church / Bloomberg: A US bankruptcy judge approves Voyager’s plan to sell its crypto platform to Binance.US for $20M,…
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Crypto exchange Huobi plans to lay off 20% of its ~1,100 staff, citing the "bear market"; CoinGecko: Huobi had the 8th largest exchange volume in November 2022 (Reuters)
Reuters: Crypto exchange Huobi plans to lay off 20% of its ~1,100 staff, citing the “bear market”; CoinGecko: Huobi had…
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Sources: crypto lender Genesis Global laid off 30% of its staff, after cutting 20% of its 260 workforce in 2022, and is considering filing for bankruptcy (Wall Street Journal)
Wall Street Journal: Sources: crypto lender Genesis Global laid off 30% of its staff, after cutting 20% of its 260…
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Troubled crypto lender Vauld rejects rival Nexo's final acquisition proposal, questioning Nexo's solvency and other issues (Yogita Khatri/The Block)
Yogita Khatri / The Block: Troubled crypto lender Vauld rejects rival Nexo’s final acquisition proposal, questioning Nexo’s solvency and other…
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A US judge rules that the crypto deposits in bankrupt crypto lender Celsius Network's yield-bearing accounts belong to Celsius and not individual holders (Crystal Kim/Axios)
Crystal Kim / Axios: A US judge rules that the crypto deposits in bankrupt crypto lender Celsius Network’s yield-bearing accounts…
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The US SEC files a limited objection to Binance.US' $1B bid for bankrupt crypto lender Voyager, citing insufficient details on how Binance can afford the deal (Nelson Wang/CoinDesk)
Nelson Wang / CoinDesk: The US SEC files a limited objection to Binance.US’ $1B bid for bankrupt crypto lender Voyager,…
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CoinShares: inflows to crypto asset funds fell from $9.1B in 2021 to $433M in 2022, down 95% YoY, the worst year since 2018, when inflows totaled $233M (Adam Morgan McCarthy/The Block)
Adam Morgan McCarthy / The Block: CoinShares: inflows to crypto asset funds fell from $9.1B in 2021 to $433M in…
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