Crypto Exchanges Binance and FTX Have Both Bid Roughly $50M for Voyager’s Assets: Report
Binance’s current bid is slightly higher than FTX’s, according to sources who spoke to the Wall Street Journal. Source
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Voyagers
Crypto Lender Voyager’s Customers Object to Employee ‘Retention Award’ Bid
Voyager, which is currently undergoing bankruptcy proceedings in the U.S. Bankruptcy Court for the Southern District of New York, asked a federal judge to approve $1.9 million of its funds for a "Key Employee Retention Plan" (KERP), meaning bonuses to 38 employees that the company claimed were vital to its
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Voyager’s Clash With US Regulators Followed by Broader FDIC Warning
“FDIC insurance does not protect a nonbank’s customers against the default, insolvency, or bankruptcy of any nonbank entity, including crypto custodians, exchanges, brokers, wallet providers, or other entities that appear to mimic banks but are not,” the agency instructed. Source
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Behind Voyager’s Fall: Crypto Broker Acted Like a Bank, Went Bankrupt
In an industry where counterparties are tightly bound together by a weave of debt and leverage, dominoes can fall fast and hard. Original Source
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Blockchain Bites: Hodl Hodl’s No-KYC Bitcoin Lending, Voyager’s Token Merging M&A Deal, Crypto’s Reaction to PayPal
Hodl Hodl announced a P2P lending service, with no KYC requirements. Ant Group is continuing to research and release blockchain-based services. And what people are saying following PayPal’s crypto market entrance.Top shelfBitcoin buysFollowing a wave of institutional bitcoin buys, crypto custodian Hex Trust and multinational payments gateway Sia have partnered to provide an
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First Mover: Crypto Broker Voyager’s Stock Has Doubled This Year, Beating Bitcoin
For investors looking to bet on the coming adoption of digital assets, there might be a stock for that: Shares of the cryptocurrency retail broker Voyager Digital are outperforming this year, with triple the year-to-date returns of bitcoin. Crypto markets, just 11 years old, are evolving fast, with more than 5,500 digital-tokens now in existence, many
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