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Hodlnaut heading for liquidation after failure of restructuring, sale efforts

Crypto lender Hodlnaut’s days appear to be numbered after the High Court of Singapore ended judicial management and ordered its liquidation. Users’ funds have been frozen since August 2022. Former Hodlnaut interim judicial manager (IJM) Aaron Loh Cheng Lee announced in a letter dated Nov. 10 and posted on the website

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FTX seeks sale of Grayscale and Bitwise assets worth $744M

Bankrupt crypto exchange FTX has requested the bankruptcy court in Delaware allow it to sell certain key trust fund assets, including from crypto asset manager Grayscale Investments and custody service provider Bitwise, valued at around $744 million.In a court filing dated Nov. 3, FTX debtors requested the court to allow them

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Solana (SOL) Price Jumps 11%, Outperforming Ether (ETH), Bitcoin (BTC), Defying FTX Sale Fears

Investors, meanwhile, have flocked to Solana-focused funds, asset manager CoinShares reported, with $24 million of net inflows last week. It was the largest weekly influx since March 2022, as SOL continued to "assert itself as the altcoin of choice," CoinShares head of research James Butterfill said. Original Source

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