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Terra fiasco

Three Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds

Three Arrows Capital Allegedly Owes Voyager Digital 5M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the FundsAccording to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three Arrows Capital (3AC). In a letter to investors, Voyager’s management explained that 3AC potentially defaulted on a $655 million loan and it hopes to obtain some of the funds by […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption

Report: Celsius Seeks Help From Restructuring Lawyers Over Financial Hardship

Report: Celsius Seeks Help From Restructuring Lawyers Over Financial HardshipFollowing the rumors and speculation surrounding the crypto lending firm Celsius, a Wall Street Journal report, quoting “people familiar with the matter,” explains that the company is reportedly hiring restructuring lawyers. Basically, hiring restructuring and insolvency attorneys is one of the first stages of fixing a company’s financial hardship by essentially attempting to avoid insolvency. […]

Sony’s Soneium Might Be the Answer to Mass Web3 Adoption