Bankrupt Crypto Lender Genesis to Repay  Billion to Creditors

Bankrupt Crypto Lender Genesis to Repay $3 Billion to Creditors

U.S. Bankruptcy Judge Sean Lane approved Genesis Global’s Chapter 11 liquidation plan on Friday, enabling the bankrupt cryptocurrency lender to return approximately $3 billion in cash and crypto to its creditors. This ruling…

Curve liquidation risk poses systemic threat to DeFi even as founder scurries to repay loans

Curve liquidation risk poses systemic threat to DeFi even as founder scurries to repay loans

On July 30, Curve Finance, a decentralized exchange on Ethereum, suffered a hack due to a vulnerability in certain pools built using the Vyper programming language. The price of Curve DAO (CRV) dropped…

Court Orders Alameda Research to Repay Its Debt to Voyager

Court Orders Alameda Research to Repay Its Debt to Voyager

Alameda Research is obligated to return its debt to Voyager Digital until September 30th. Alameda Research, a Hong Kong-based private equity firm offering cryptocurrency trading services, is set to repay its loan to…

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