Cryptocurrency Analysis and News Portal
Creditors who have any of the 67 “supported” tokens, including BTC and ETH, stuck on the platform, will be able to withdraw the allowable percent of their crypto directly. For those with any of the 38 “unsupported tokens,” including SOL and ALGO, Voyager will liquidate everything and pay customers back
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Historically, ROOK owners had a say over Rook DAO, the governing body that nominally controlled the Rook project (once known as KeeperDAO) since mid-2021. But an entity called Rook Labs has largely taken over management of Rook’s day-to-day operations, creating friction with token holders who felt shunned. Original Source
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Crypto-friendly bank Silvergate has announced plans to shut down in an orderly manner and fully repay all deposits. Silvergate Capital has decided to shut down operations and liquidate its bank following effects of problematic market conditions. On Wednesday, the crypto-focused bank made the grim announcement, which also saw its stock plummet over
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The parent company of Silvergate Bank, known to many in the space as one of the major crypto banks, has announced plans to “wind down operations” and liquidate the bank.In a March 8 announcement, Silvergate Capital Corporation said the decision to shutter operations was “in light of recent industry and
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Bitcoin (BTC) fell to bearish target zones on Feb. 10 as bulls failed to hold important support above $22,000.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewCrypto wipeout mounts as BTC price loses $22,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $21,633 on Bitstamp.The pair reacted badly to regulatory
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Grayscale Investments may offer to buy up to 20% of Grayscale Bitcoin Trust (GBTC) shares. This is a move the company hopes will close the gap between the GBTC share price and the company’s underlying Bitcoin holdings. Grayscale Can’t Act Independent Of Investors The Wall Street Journal released a letter by Grayscale
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Bitcoin (BTC) liquidated $200 million of long positions on Nov. 8 as BTC price briefly tumbled to two-year lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price sets new two-year lowData from Cointelegraph Markets Pro and TradingView revealed carnage across crypto price charts as exchange FTX kept the mood low.After initially rebounding
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"Last week, Alameda's balance sheet was questioned, and Binance also announced that it would liquidate FTT and other assets related to the FTX exchange," Griffin Ardern, a volatility trader from crypto asset management firm Blofin, said. "This appears to have caused a panic among investors, who chose to hedge their
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The CEO of cryptocurrency exchange Binance, Changpeng “CZ” Zhao, said his company will liquidate the entirety of its position in FTX Token (FTT), the native token of competing exchange FTX.In a Nov. 6 tweet, Zhao said the decision was made after “recent revelations that have came to light.”In a later
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Despite delisting VBB, Valkyrie still continues to manage the Bitcoin
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