‘I just wake up and cry’: Voyager and Celsius bankruptcies have destroyed some crypto investors’ confidence in centralized platforms

Yotsy Ruiz recently bought his first crypto hardware wallet: a Ledger Nano X. He is transferring all his crypto holdings that he can still move to the small physical device. which looks like a USB flash drive and is far from the big centralized exchanges like Binance and Coinbase. The 40-year-old Frederick, Md. resident, owner … Read more

Crypto Broker Voyager Digital Files for Bankruptcy Protection – Update

By YifanWang Cryptocurrency broker Voyager Digital Ltd. said it has filed for Chapter 11 bankruptcy protection, days after it suspended withdrawals and trading on its platform amid growing turmoil in digital currency markets. The company said in a statement that it has started the Chapter 11 restructuring in New York, where it is based, and … Read more

Voyager Digital, the latest crypto lender to file for bankruptcy

text size Cryptocurrency prices have crashed this year. dream time Cryptocurrency broker and lender digital traveler filed for bankruptcy, the latest digital asset business to struggle amid a collapse in cryptocurrency prices and contagion from the bankruptcy of hedge fund Three Arrows Capital. Voyager (ticker: VOYG.Canada) said on Wednesday that it had filed for voluntary … Read more

Celsius customers are losing hope of ever seeing their money again as the crypto crash continues

It has been three weeks since crypto lender Celsius Network took the drastic step of stopping customer withdrawals. Many people begin to wonder if they will ever see their money again. Alla Driksne says she has six figures in bitcoin and ethereum, her life savings, tied up in a Celsius account. On June 12, the … Read more

The crypto industry is trying to rescue itself. It may not be enough.

text size dream time Like the banks in 2008, crypto firms are finding that the failure of a few key players could bring the entire edifice down. Unlike banks, cryptocurrencies only have to seek ransom. That might not be enough. The Digital Asset Brokerage Stock digital traveler (ticker: CA:VOYG) sank more than 60% on Wednesday … Read more