Voyager Digital
SBF’s Voyager Debt Emerges; Celsius Reshuffles Board
Alameda Research owes $377 million as Voyager Digital’s second largest borrower. Genesis confirms exposure to Three Arrows Capital. Celsius Network reshuffles board as it fights to stay afloat. South Korea’s Uprise said to have lost US$20 million in client funds on LUNA short. South Korea to cooperate with U.S. on Terra investigation. China’s "Instagram" gets into virtual fashion with users strutting their stuff in NFT clothes. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Voyager Digital Faces Delisting From Toronto Stock Exchange Following Bankruptcy Filing
The shares of crypto broker Voyager Digital have been suspended from trading on the Toronto Stock Exchange while it looks at whether the shares meet its listing requirements. Shares have also been halted on U.S. over-the-counter markets. “The Hash” panel discusses the latest in Voyager’s continued downturn.
Vauld Buyout Talks; Celsius Fights Against Bankruptcy
Vauld in buyout talks with Nexo. Voyager Digital files for bankruptcy. Celsius community pushes on with short squeeze amid ongoing bankruptcy concerns. Bank of England calls for greater crypto regulation. “Wolf of Wall Street” says Bitcoin investments will be profitable in three to five years.
Voyager Seeks Bankruptcy Protection Amid Crypto Credit Crisis
Crypto lender Voyager Digital filed for Chapter 11 bankruptcy late Tuesday, estimating that it had more than 100,000 creditors and between $1 and $10 billion in assets. It also recorded the same range for its liabilities. CoinDesk Managing Editor of Global Policy & Regulation Nikhilesh De discusses the details and the potential outcomes.
CoinFLEX Issues Recovery Tokens; MAS Says Cryptos Not Currencies
CoinFLEX to issue $47 million in tokens as it waits for "crypto whale" to pay up. Voyager Digital issues notice of default to Three Arrows Capital. Investors yank $453 million from digital assets in one week. Chinese blockchain developer BSN calls crypto a huge ponzi scheme. Monetary Authority of Singapore says that crypto is unlikely to perform the functions of money. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Voyager Digital Cuts Daily Withdrawal Limit to $10K Amid 3AC Exposure
Crypto broker Voyager Digital reduced its daily withdrawal limit to $10,000 from $25,000 after detailing its exposure to struggling hedge fund Three Arrows Capital (3AC). Shares of Voyager Digital fell more than 60%. "The Hash" panel discusses the ripple effects of 3AC's continued downturn.
Why Several US States Are Taking Legal Action Against Voyager Digital
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De explains why several U.S. states have taken legal action against Voyager Digital for its crypto interest offerings, and how this situation resembles BlockFi’s legal issues from a year ago. Plus, a conversation on the $625 million exploit of Axie Infinity’s Ronin network and its impact on users.
Should Private Businesses Restrict Russian Users Amid Ukraine Invasion?
Steve Ehrlich, Voyager Digital co-founder and CEO, joins “All About Bitcoin” to share his perspective on Ukraine officials calling private businesses to restrict Russian users, including international crypto exchanges. Plus, Ehrlich explains his bitcoin price prediction for 2022.
Voyager CEO: ‘BTC Definitely Going Into 6 Figures by End of Year, Probably Higher’
Bitcoin has climbed near $44,000 Monday as the total global cryptocurrency market cap bounces back. Steve Ehrlich, co-founder and CEO of Voyager Digital, discusses his crypto markets analysis and outlook. “We’re definitely going into the six figures [for BTC] by the end of year, probably higher,” Ehrlich said.