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German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of Business

Bitcoin.com
German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of Business
bank
German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of BusinessDigital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurrency bank filed for insolvency earlier this year and failed to find a buyer. Nuri to Maintain Trading Until Last Day of November, Prepares to […]
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0M WBTC Burned in the Wake of Coinbase’s Delisting Move

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Bankruptcy Court Publishes 14,000 Pages of Celsius Customer Usernames and Trade History

Bitcoin.com
Bankruptcy Court Publishes 14,000 Pages of Celsius Customer Usernames and Trade History
Alex Mashinsky
Bankruptcy Court Publishes 14,000 Pages of Celsius Customer Usernames and Trade HistoryThe crypto community is upset about a recent discovery stemming from the Celsius bankruptcy case as a court filing has revealed over 14,000 pages of the usernames and trading histories of the company’s customers. While the file does not disclose personal information tied to the user’s finance providers or the customer’s residential address, the crypto […]
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0M WBTC Burned in the Wake of Coinbase’s Delisting Move

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid

Bitcoin.com
Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid
Bankruptcy
Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May BidAccording to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of October 17, 2022. Following the bankruptcy court’s final bid deadline, a sale hearing is scheduled for November 1. A report published last week noted that […]
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0M WBTC Burned in the Wake of Coinbase’s Delisting Move

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins

Bitcoin.com
State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins
$23 million in stablecoins
State Securities Regulators Object to Celsius’ Court Motion to Sell StablecoinsAs Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on September 29. On the same day, state securities officials from Vermont and Texas filed objections to the crypto lender accessing the company’s stablecoin cache. 15 days prior […]
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0M WBTC Burned in the Wake of Coinbase’s Delisting Move

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to $23M in Stablecoins

Bitcoin.com
Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to M in Stablecoins
$23 million in stablecoins
Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to M in StablecoinsAccording to a recently leaked recording stemming from the bankrupt crypto lender Celsius, the business is attempting to revive the company after falling into a financial burden. Following the leak, a Southern District of New York bankruptcy judge appointed a third-party examiner to review the company’s finances. Celsius is also attempting to sell a stash […]
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0M WBTC Burned in the Wake of Coinbase’s Delisting Move

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Celsius Approved to Sell Mined Bitcoin, Customer That Lost 50,000 USDC Insists Her Regulated Stablecoins Should Be Treated Differently

Bitcoin.com
Celsius Approved to Sell Mined Bitcoin, Customer That Lost 50,000 USDC Insists Her Regulated Stablecoins Should Be Treated Differently
50000 USDC
Celsius Approved to Sell Mined Bitcoin, Customer That Lost 50,000 USDC Insists Her Regulated Stablecoins Should Be Treated DifferentlyOn August 16, the crypto lender Celsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined to continue funding specific operations. The following day, the company’s attorney detailed that Celsius has been offered cash injections, but the lawyer did not disclose who offered the funds and how much […]
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0M WBTC Burned in the Wake of Coinbase’s Delisting Move

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

German Crypto Exchange Nuri Files for Insolvency

Bitcoin.com
German Crypto Exchange Nuri Files for Insolvency
Bankruptcy
German Crypto Exchange Nuri Files for InsolvencyCryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s services and their funds will not be affected, the company assured. Crypto Exchange Cites ‘Lasting Strain on Liquidity’ as Reason for Insolvency Filing Berlin-based crypto […]
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0M WBTC Burned in the Wake of Coinbase’s Delisting Move

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters

Bitcoin.com
Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters
$0.40
Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ FaltersDuring the last 30 days, the Celsius Network’s native token CEL increased in value by over 140% against the U.S. dollar. On July 13, just before the lending company filed for Chapter 11 bankruptcy, CEL was exchanging hands for $0.961 per unit. Following the news that the company filed for bankruptcy protection, the native crypto […]
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0M WBTC Burned in the Wake of Coinbase’s Delisting Move

$500M WBTC Burned in the Wake of Coinbase’s Delisting Move

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