Poolin Files Chapter 11 As Bitcoin Miner Moves Toward $52M Asset Sale
[[{„value”:” Poolin Technology has filed for Chapter 11 bankruptcy protection, setting up an orderly wind-down and asset sale…
Browsing Tag
restructuring
31 posts
After $234M Hack, WazirX Gets Court Approval For Major Rebuild
[[{„value”:” Singapore’s High Court has given the green light to a restructuring plan for crypto exchange WazirX, clearing…
Consensys to cut workforce by 20% — CEO outlines decentralization plans
Consensys CEO Joe Lubin confirmed that the firm’s restructuring plan will impact 162 permanent employees. Czytaj więcej We…
OpenAI’s move to for-profit: Is it indeed ‘illegal’?
OpenAI’s potential transformation into a for-profit corporation is not impossible, but it will likely not be an easy…
Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay
Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially…
Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift
Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The…
Wazirx Files for Moratorium in Singapore Court to Address Users’ Crypto Balances
Indian crypto exchange Wazirx has announced that a moratorium has been filed in Singapore’s High Court under the…
Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’
Indian crypto exchange Wazirx has defended its restructuring strategy in response to the July 18 cyberattack that led…
Genesis Finalizes Restructuring Plan, Initiates Repayments
[[{„value”:” Bankrupt crypto lender Genesis Global Capital has now completed its restructuring process and began debt repayment to…
Terraform Labs to reopen Shuttle Bridge, destroy LUNA tokens
These developments indicate TFL’s proactive efforts to tackle Terra’s challenges and restore trust and stability within the Terra…