Crypto Lender news and trends

Report: Voyager Co-Founder Stephen Ehrlich May Face CFTC Action
Cryptocurrency // October 06, 2023

Voyager Digital co-founder Stephen Ehrlich is reportedly facing potential enforcement action from U.S. regulators following investigations into the conduct of the bankrupt crypto lender. Staff in the Commodity Futures Trading Commission (CFTC) enforcement division have concluded that Ehrlich broke derivatives regulations by misleading customers about the safety of...

Crypto Market Exactly Protocol Targeted in $12 Million Hack
Cryptocurrency // August 18, 2023

Crypto lender Exactly Protocol has suffered a hack, reportedly resulting in the loss of as much as $12 million. The decentralized credit market, which operates on the Optimism network, was targeted by a bridge exploit, CoinDesk reported Friday (Aug. 18), citing information from blockchain security firm De.Fi. The hacker utilized...

Report: Crypto Lender Vauld Vetoes Nexo Acquisition Plan
Cryptocurrency // December 26, 2022

Crypto lender Vauld has reportedly called off an acquisition by rival Nexo. “We were previously exploring a potential acquisition by Nexo as part of the proposed restructuring plan,” Vauld said in a private message on Twitter, published by Coinbase on Monday (Dec. 26). “To provide...

Bankruptcy Judge to Decide If Celsius or Clients Own Crypto
Cryptocurrency // December 05, 2022

A federal judge will soon decide who owns cryptocurrency in interest-bearing accounts.  In the bankruptcy case of crypto lender Celsius Network, U.S. Bankruptcy Judge Martin Glenn will decide if crypto that was put into interest-bearing accounts before the firm’s filing for Chapter 11 in July...

Quick Reads
BlockFi to Wind Down Operations, Return Assets to Customers

October 24, 2023
Crypto lender BlockFi has announced that it will wind down its operations and begin returning crypto assets to customers. BlockFi has emerged from bankruptcy and will now focus on returning assets to its customers, Reuters reported on Tuesday (Oct. 24). This decision comes 11 months after the company faced difficulties due to the collapse of FTX, a major player […]

Report: Voyager Co-Founder Stephen Ehrlich May Face CFTC Action

October 06, 2023
Voyager Digital co-founder Stephen Ehrlich is reportedly facing potential enforcement action from U.S. regulators following investigations into the conduct of the bankrupt crypto lender. Staff in the Commodity Futures Trading Commission (CFTC) enforcement...

Crypto Market Exactly Protocol Targeted in $12 Million Hack

August 18, 2023
Crypto lender Exactly Protocol has suffered a hack, reportedly resulting in the loss of as much as $12 million. The decentralized credit market, which operates on the Optimism network, was targeted by...

Report: Crypto Lender Vauld Vetoes Nexo Acquisition Plan

December 26, 2022
Crypto lender Vauld has reportedly called off an acquisition by rival Nexo. “We were previously exploring a potential acquisition by Nexo as part of the proposed restructuring plan,” Vauld said...