Voyager Digital


Layer 2

Failed Crypto Lender Cred Blames Its Demise on Uphold Exchange in Suit

The 2022 meltdown is not the first time the risks of “centralized DeFi” products have been laid bare.

(Daniel Thomas/Unsplash)

Finance

FTX to Offer Early Liquidity to Customers of Bankrupt Crypto Lender Voyager

The crypto exchange will allow the customers to create accounts funded by an early distribution of a part of their bankruptcy claims.

FTX CEO Sam Bankman-Fried (Craig Barritt/Getty Images)

Finance

Coinbase Had No Financial Exposure to Troubled Celsius, Three Arrows Capital, Voyager

The crypto exchange said it hasn't been hurt by the crypto companies that are all seeking bankruptcy protection.

Coinbase said it had no exposure to Celsius, Three Arrows Capital or Voyager (Benjamin Girette/Bloomberg via Getty Images)

Marchés

Market Wrap: Bitcoin Surges as Fed Governor Talks Down 100 Basis Point Rate Hike

U.S. Federal Reserve Governor Christopher Waller said he supports hiking interest rates by 75 basis points in July, alleviating some fears of a 100 basis-point raise.

(CoinDesk and Highcharts.com)

Marchés

No, Mt. Gox Payouts Aren’t Going to Torpedo Bitcoin's Price

Mostly because honey badgers don’t care. Also, logistics.

(Mass Communication Specialist 2nd Class Derek J. Hurder/Wikimedia Commons)

Marchés

Voyager Digital's Token Surges Over 250% on 'Short Squeeze'

A short squeeze refers to a sharp rally fueled by the unwinding of bearish positions or several sellers rushing to take profits.

Short squeeze drove Voyager above $1 on Wednesday. (Highcharts.com, CoinDesk)

Vidéos

This 21-Year-Old Student Wants His Locked-Up Funds Back From Voyager Digital

The implosion of Voyager Digital has stung trading firms and retail investors after the crypto broker filed for bankruptcy last week.

CoinDesk Spotlight

Layer 2

DoNotPay CEO Wants to ‘Give Little Guys the Power’ to Sue Celsius

DoNotPay CEO Joshua Browder joined CoinDesk TV’s “First Mover” to discuss how retail investors can file claim suits against Celsius Network to attempt to recover their assets as the lender faces insolvency.

DoNotPay CEO Joshua Browder on CoinDesk TV’s “First Mover.” (CoinDesk TV, modified)

Juridique

California Is Investigating ‘Multiple’ Crypto Lending Companies

The state’s Department of Financial Protection and Innovation is looking at whether firms that have suspended customer withdrawals and transfers have violated its laws.

California's state flag (Getty Images)

Layer 2

Behind Voyager’s Fall: Crypto Broker Acted Like a Bank, Went Bankrupt

In an industry where counterparties are tightly bound together by a weave of debt and leverage, dominoes can fall fast and hard.

Voyager Digital CEO Steve Ehrlich gives a thumbs-up at Bitcoin Miami in April of 2022. (Danny Nelson/CoinDesk)