Holy ‘Grails’ by NFT Art are up for sale and collectors are clamoring for them
Sotheby’s is selling 37 digital artworks once owned by defunct Singapore cryptocurrency hedge fund Three Arrows Capital at a live auction next week in New York....
Tagged: Liquidation
Any signature bank buyer will need to ditch crypto altogether: Report
If crypto companies had hopes of resuming business with one of the industry’s favorite banks, they should think again. Any buyer of Signature Bank, which was...
Silvergate Bank is discontinuing operations in a blow to the crypto industry
Silvergate Bank, a major player in the world of cryptocurrencies, plans to wind down operations and liquidate, the holding company said Wednesday afternoon. The holding company,...
A ‘margin call cascade’ deleveraging, crypto failure and bitcoin at $13,000 likely amid FTX fallout
A “new wave of crypto debasement” is likely underway, with bitcoin itself poised to drop another 25% amid a “cascade” of margin calls. That was the...
Babel Finance Loses $280 Million Of Client Funds – Bitcoin Magazine
Babel Finance lost $280 million in customer funds from unsecured trading. The amount includes 8000 BTC. Babel is seeking a restructuring through convertible debt which will...
Fintech files: The FBI is hunting for CryptoQueen while Vauld signals more market turmoil
The crypto winter only got even cooler, after Three Arrows Capital became the main victim of the downturn, and went into liquidation after weeks of uncertainty....