Day: 15 March 2023

On March 14, 2023, the United States Trustee and other government attorneys filed a motion objecting to a clause in Voyager Digital's Chapter 11 bankruptcy plan. The plan sought to sell the bankrupt lender's digital assets to cryptocurrency exchange Binance.US while preventing anyone connected to the sales from being sued. ...

Anchorage Digital, a cryptocurrency bank, has announced plans to lay off 75 employees, which constitutes approximately 20% of its workforce. The company cited regulatory uncertainties in the United States as the reason for its decision. Anchorage stated that the layoffs were part of a strategic realignment aimed at optimizing their ...

COVOS has unveiled a new investment platform designed for managing investments in the global digital economy, particularly in Southeast Asia. The platform, which the company claims is the first of its kind, offers a one-stop service for managing investments in digital assets, making it easy for millions of individuals to ...

A recent report revealed that Signature Bank, a crypto-friendly financial institution based in New York, was investigated for possible money laundering activities prior to its seizure by regulators. The bank was closed down on March 12, 2023, by US authorities shortly after the collapse of Silicon Valley Bank. The report ...

Euler Finance, a non-custodial lending protocol based on blockchain technology, is currently negotiating with a hacker who stole millions from their platform. The company has given the hacker a 24-hour deadline to return 90% of the stolen funds, warning of legal repercussions if they fail to comply. On March 13, ...