Genesis Trading was exposed to Three Arrows Capital (3AC), the Singapore hedge fund that slipped into default recently, but managed to reduce its loses, its CEO has revealed
Toronto-listed Voyager estimated its crypto assets held for customers at about $1.3 billion and its own holdings worth $110 million, plus $350 million in cash
London-based Nexo said it would buy up to 100% of Vauld and 'reorganize its future operations with the aim to accelerate its deeper presence in Asia'
Instability in the crypto sector has led to Singapore-based Vauld halting withdrawals and searching for new financial backing.
Monetary Authority of Singapore "reprimanded" Three Arrows and accused it of providing misleading information concerning its relocation to the British Virgin Islands
Tencent Holdings, Ant Group, Baidu and JD.com are among signatories to a pact to stop secondary trading in NFTs and other digital collectibles
The cryptoassets were stolen on June 23 from Horizon Bridge, a service operated by the Harmony blockchain that allows assets to be transferred to other blockchains.
Crypto broker Voyager Digital issued Singapore-based Three Arrows with a default notice on Monday after it failed to make payments on a $670m loan
Compass Mining, a provider of crypto mining gear, announced that two of its key executives have resigned. It has also disputed a debt claim by coin miner Dynamics.
The sudden plunge in crypto values, which started in May amid a broader economic slowdown, complicates Pyongyang's ability to fund its weapons programmes