Tag Archives: bankruptcy

[ad_2][ad_1] U.S. bankruptcy judge John Dorsey has denied an emergency motion filed by 15 clients of cryptocurrency lending firm Cred Inc. to freeze the company’s crypto assets on the exchange during Chapter 11 bankruptcy proceedings. More than a dozen of Cred’s creditors filed the emergency motion on November 23, seeking …

[ad_2][ad_1] The bankruptcy of the cryptocurrency lender Cred is more than it seems. Two publicly traded bitcoin mining companies reported this week: neither is profitable. ECB President Christine Lagarde has an “insight” on the digital euro. Upper shelf Chapter … 12?Cred Chapter 11’s filing for bankruptcy does not tell the …

[ad_2][ad_1] Cred is the first US cryptocurrency lender to file for bankruptcy in the country. Ripple is opening the regional office in the Middle East. The incoming administration of President-elect Joe Biden appears to be courting at least two pro-crypto political actors for government positions. Upper shelf Bankruptcy filingCryptocurrency lender …

[ad_2][ad_1] On Saturday, US-based cryptocurrency lending service Cred filed for Chapter 11 bankruptcy protection, leaving many customers looking for ways to get their funds. According to court documents, Cred’s CEO Daniel Schatt’s legal team filed for bankruptcy for the company in the District of Delaware on November 7. Cred listed …

[ad_2][ad_1] The main mining and blockchain encryption company Giga Watt reported having closed access and power to its facilities and discontinued daily activities, according to a note to customers re-entered into a Telegram group on January 15th. Following its bankruptcy statement in November 2018, the former five crypto-mining company reported …

[ad_2][ad_1] The hacker who attacked Ethereum Classic gave $ 100 000 back to Gate.io exchange, Google blacklisted Ethereum, BitTorrent's former manager criticized Tron and other news. Digital money market kept at its lowest level in 2019. Several events that have already influenced the situation in the future took place recently. …

[ad_2][ad_1] On January 7, activists of the French basic political movement, the Gilets Jaunes – Yellow Vests – announced a bank run through social media, hoping essentially to achieve their goals by destabilizing the local financial system. Nicknamed the "Referendum of Collectors", the latest demonstration of the movement invites supporters …

[ad_2][ad_1] Douglas County may have been burned by the cryptocurrency boom, but now wants to build a "blockchain innovation campus", where researchers could develop new uses for esoteric and computer-intensive technology and, ideally, position this rural community for a share of industry when it arrives. Although much of the world …

[ad_1] Giga Watt recently filed for bankruptcy in a Washington court, claiming to have less than $ 50,000 in assets, with debts for millions of dollars. Millions of dollars in debt Second iFiberOne, The American cryptocurrency company, Giga Watt, filed a declaration for the bankruptcy code of Chapter 11 in …

[ad_2][ad_1] Litecoin failed to keep the land above $ 30.00. A further upside seems unlikely from a short-term perspective Litecoin is changing hands at $ 28.97 after a short-term peak at $ 30.80 on Monday. The currency has gained over 7% in the last 24 hours; however, it decreased by …