Genesis unsecured creditors’ committee appointed
The seven-member committee will represent the creditors in court, having the right to participate in the reorganization plan.
Category Archives: lending
Solana DeFi protocol Everlend shuts down over liquidity issues
With FTX's ripple effect on market liquidity, Everlend is closing its doors and urging clients to withdraw funds.
New York financial regulator investigates Gemini over FDIC claims: Report
Many Gemini Earn users reportedly claimed assets in their accounts had been protected by the Federal Deposit Insurance Corporation.
Aave deploys V3 on Ethereum after 10 months of testing on other networks
The new version includes features that developers believe will increase capital efficiency and lower gas fees
Solana DeFi project Friktion shuts down its user platform
Friktion is urging its customers to withdraw assets from the protocol, as the front-end shuts down.
New ‘Celsius token’ may be used to repay creditors: report
It was suggested that the token could be part of a reorganization that would turn it into a publicly traded, U.S. regulated company.
Genesis bankruptcy case scheduled for first hearing
The first hearing in Genesis Capital's bankruptcy case will be held on January 23, according to court filings.
Troubled crypto lender Vauld gets extended creditor protection
The company claims that the negotiations with potential crisis managers entered the “advanced stage.”
Nexo sues Cayman Islands financial regulator over VASP license
The crypto lender claimed that the Cayman Islands Monetary Authority had placed “too much weight” on regulators' enforcement actions in its decision to deny registration.
Hodlnaut creditors reject the restructuring plan, prefer liquidation
Hodlnaut downplayed its exposure to the Terra ecosystem, but an investigation into the embattled crypto lender shows it lost $190 million in the Terra crash.
