While SVB UK Is In Bankruptcy, HSBC Acquires It For £1
Following the failure of the US lender, HSBC has acquired the UK division of Silicon Valley Bank (SVB) for £1 ...
Tag: BANKRUPTCY
Wyre: A Crypto Payments Firm, Is Closing Down Amid A Market Downturn
Wyre, a cryptocurrency payments provider is shutting down operations by the end of January amid the broader crypto market downturn ...
Kraken Crypto Exchange To Cease Its Operations In Japan
Kraken, a digital currency exchange, would cease operations in Japan next month, marking yet another symptom of market concentration. By ...
Breaking: Sam Bankman-Fried bought Robinhood stock using $546 million from Alameda Research
Sam Bankman-Fried The founder of FTX has confirmed that $546 million worth of Robinhood shares were purchased using loans provided ...
Court Gives Celsius A New Deadline For Its Restructuring Plan
Celsius, a bankrupt cryptocurrency lender was granted a new exclusivity term that would last until February 15, 2023. The struggling ...
Nuri, a German crypto bank, asks its 500K users to withdraw money before it shuts down
Users are urged to withdraw their funds before the deadline of mid-December because Nuri will continue to provide cryptocurrency trading ...
Zipmex: Crypto Exchange seeks Bankruptcy Protection in Singapore
Bitcoin exchange A day after suspending withdrawals, Zipmex started them up again last week. Following a steep fall in the ...
Breaking: Crypto Lending Firm Celsius Filed For Bankruptcy
The struggling exchange Celsius has now confirmed Chapter 11 rumors with $167 million in cash remaining. Lawyers for cryptocurrency lending ...
