Silvergate Capital Company (Nasdaq: SI), the guardian of the crypto-friendly Silvergate Financial institution, has determined to wind down its banking operations and voluntarily liquidate belongings in an “orderly Introduced late Wednesday, the financial institution has already onboarded Centerview Companions…
liquidation
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Altcoin NewsNews
Hodlnaut founders suggest promoting the agency as a substitute of liquidation
by Jeremyby JeremyOn 28, Hodlnaut’s interim judicial managers launched the sixth affidavit of Hodlnaut co-founder Simon Lee, reportedly stating the corporate’s founders proposed promoting the enterprise as a greater possibility for collectors than liquidating the accordance to a report by…
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Complete liquidations over the past 24 hours stood at million as of press Of those liquidations, occurred on merchants who took lengthy positions available on the market, in response to Coinglass this era, 63,210 merchants had…
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Alameda liquidators wrote off $15,000 of Curve DAO token (CRV) debt on 14 in change for wrapped Bitcoin (WBTC) — or roughly $17,600 of their nonetheless holds a place quick $16,500 of CRV — collateralized by $23,000…
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Bitcoin NewsNews
Hodlnaut collectors reject the restructuring plan, favor liquidation
by Jeremyby JeremyThe group of collectors rejected a restructuring plan supply permitting the present administrators to supervise the agency’s operations in the course of the restructuring Nevertheless, a 12 listening to rejected an software to take away the interim judicial…
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Exchanges
Crypto Agency Orthogonal Buying and selling Stated to Be in Provisional Liquidation After Maple Defaults
by Jeremyby JeremyOrthogonal defaulted on $36 million of loans on decentralized finance (DeFi) protocol Maple Finance earlier this month after it misrepresented its losses from the FTX Supply hyperlink
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ICO
MicroStrategy Purchased Bitcoin To Keep away from Liquidation, Peter Schiff Reveals
by Jeremyby JeremyBitcoin detractor and economist Peter Schiff has taken one other swipe on the digital asset and MicroStrategy, a public firm that’s closely invested within the digital Schiff has at all times been vocal about his disdain for bitcoin and…
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