Search Results for "ankr"
Voyager Digital Agrees to $1.65 Billion Settlement with FTC in Landmark Case
The US FTC has awarded Voyager Digital a $1.65 billion settlement for misleading statements about customer fund safety, marking a significant regulatory action in the crypto market.
Hedge fund Galois Capital shuts down after FTX collapse
Kevin Zhou also wanted to market their bankruptcy claims to experts.
US Court Approves Sealed Settlement in BlockFi vs. 3AC Dispute
A US judge approved a confidential settlement between BlockFi and Three Arrows Capital, aiming to resolve financial disputes without further litigation. The details remain sealed to protect sensitive information amidst BlockFi's bankruptcy proceedings and its implications on the broader crypto market.
Elon Musk Weighs in on Sam Bankman-Fried Post FTX Meltdown
Elon Musk said he did not believe FTX's former CEO, Sam Bankman-Fried did not have the capacity to invest in Twitter
Voyager Digital Sells Assets via Coinbase Amid Bankruptcy
Voyager Digital, the CeFi platform that filed for Chapter 11 bankruptcy, has reportedly sold assets through Coinbase and received at least $100 million in USDC. The company has sent daily crypto transfers to Coinbase, with holdings of nearly $530 million in crypto, including Ether and Shiba Inu. The US SEC has objected to Binance.US acquiring over $1 billion of Voyager's assets.
SEC Chair Gensler Open to Lawful Revival of FTX
SEC Chair Gary Gensler emphasizes regulatory standards as FTX considers legal and compliant return, following founder Sam Bankman-Fried's conviction, marking a pivotal moment in crypto regulation.
Celsius' Official Creditor Committee Denies Rejected Bids
Celsius Official Committee of Unsecured Creditors attorneys have criticised crypto blogger Tiffany Fong for releasing information about prospective Celsius offers, saying it would hurt negotiations.
Genesis Files for Chapter 11 Bankruptcy
Genesis has estimated assets and liabilities of $1 billion to $10 billion. The company is considering a "dual track procedure" to sell, raise funds, or equitize. After FTX and other crypto-exchanges collapsed, the business halted withdrawals in November 2022. Genesis' parent firm DCG may sell part of its $500 million venture capital portfolio to cover its obligations.
Ankr Introduces Bitcoin RPC Endpoints
Ankr has launched Bitcoin RPC endpoints, enabling developers to easily interact with the Bitcoin network and build applications without the need for complex node operations.
Core Scientific to Pay Outstanding Debt with Mining Machines
In a court filing, crypto mining firm Core Scientific stated the equipment were no longer needed for its operations and future plans.
Bankruptcy Threatens $75M In FTX Political Contributions
The collapsed exchange's creditors may demand $73 million in political contributions. Many politicians who received FTX's largesse are now at a loss. Bankruptcy attorneys call campaign finance recovery "a difficult and protracted procedure".
Former Voyager Digital CEO Faces Fraud Charges Amid CFTC and FTC Crackdown
The CFTC and FTC have levelled fraud charges against former Voyager Digital CEO Stephen Ehrlich, spotlighting the case as a notable instance of regulatory enforcement within the digital asset sector. The charges underscore the market's inherent risks and the imperative for robust regulatory compliance to ensure investor protection.