From $25 Billion to $167 Million: How a Major Crypto Lender Collapsed and Dragged Many Investors Down With It
Celsius bankruptcy not surprising but still a huge blow to the crypto industry.
Source: nbcphiladelphia.com
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Three Arrows Capital Misled Regulators in Singapore: MAS
Singapore's central bank says Three Arrows Capital failed regulatory requirements when moving fund management to the British Virgin Islands.
British Virgin Islands Noord Holland Kyle Davies Su Zhu David Canellis Monetary Authority Of Singapore
Source: blockworks.co
Crypto deal delay casts doubts over oldest Thai bank's makeover
(July 15): A delayed deal between Thailand’s oldest bank and its largest cryptocurrency exchange is raising doubts about the 115-year-old financial group’s ambition to become a regional fintech powerhouse. Bangkok-listed SCB X Pcl agreed to acquire a majority stake in Bitkub Online Co. for 17.9 billion baht (US$490 million) at the peak of crypto craze in November, with a target to wrap up the deal earlier this year. But SCB last week said there’s still due diligence to be carried out amid ...
Kasikornbank Pcl King Maha Vajiralongkorn Therdsak Thaveeteeratham Rena Kwok Bitkub Online Co Siam Commercial Bank Pcl
Source: theedgemarkets.com
Bitkub deal delay casts doubts over SCB's makeover
A delayed deal between Thailand’s oldest bank and its largest cryptocurrency exchange is raising doubts about the 115-year-old financial group’s ambition to become a regional fintech powerhouse.
Krung Thep Mahanakhon Arnun Chonmahatrakool Therdsak Thaveeteeratham Rena Kwok Bitkub Online Co Celsius Network
Source: bangkokpost.com
For Bitcoin to Bottom Here's What the Market Wants to See — and It Could Mean a Further 30% Drop
Industry players said a better macroeconomic picture, certain trading patterns and further deleveraging could help bitcoin and the crypto market find a bottom.
Source: nbclosangeles.com
Crypto lender Celsius reveals $1.8b hole in balance sheet
It’s the latest victim of the crash in crypto markets that has forced two other large companies into recent bankruptcy.
Source: afr.com
Crypto lender Celsius files for bankruptcy after cash crunch
One of the largest cryptocurrency lenders in the world has sought bankruptcy protections after suddenly stopping withdrawals last month amid the market rout.
Source: theage.com.au
Embattled Crypto Lender Celsius Informs State Regulators That It's Filing for Bankruptcy 'Imminently,' Source Says – NBC Los Angeles
Celsius made headlines a month ago after freezing customer accounts, blaming “extreme market conditions.”
New York United States Department Of Financial Regulation New Jersey Based Three Arrows Three Arrows Capital
Source: nbclosangeles.com
Embattled Crypto Lender Celsius Informs State Regulators That It's Filing for Bankruptcy 'Imminently,' Source Says – NBC 7 San Diego
Celsius made headlines a month ago after freezing customer accounts, blaming “extreme market conditions.”
New York United States Department Of Financial Regulation New Jersey Based Three Arrows Joseph Rotunda
Source: nbcsandiego.com
Crypto lender Celsius files for bankruptcy as crash deepens
The EU has ramped up its inflation forecasts and slashed predictions for economic growth amid growing fears Putin will cut off energy supplies to the continent.
Source: telegraph.co.uk