Restructuring
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Voyager’s Asset Purchase Agreement with Binance. US Terminated: What Happens Next?
According to reports, the Voyager Unsecured Creditors Committee stated on Twitter that Binance. US has announced the termination of its asset purchase agreement with Voyager. The V
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Silicon Valley Bank Financial Group Announces Resignation of CFO and CEO
According to reports, Silicon Valley Bank Financial Group stated that both CFO Daniel Beck and CEO Gregory Becker resigned earlier this week. Becker will provid
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Paxful co founder Ray Youssef promises to create a public trust fund with personal shares to safeguard user interests
On April 22nd, Ray Youssef, who resigned as CEO of Paxful on April 18th, posted that due to a deadlock between him and the co founders in the company\’s developm
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Restructuring of Babel Finance Group: Hope for Flexibility Takes Charge
On April 18th, it was announced that the former founder of Babel Finance and the founder of Distributed Stable Coin, Hope for Flexibility, released a public let
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Restructuring of Babel Finance Group Underway Following Bankruptcy Protection Grant
On April 18th, it was announced that the former founder of Babel Finance and the founder of Distributed Stable Coin, Hope for Flexibility, released a public letter stating that the
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CoinFLEX to Distribute RVUSD, USDT, and USDC Assets to Creditors
On April 1st, according to the latest announcement, CoinFLEX will start distributing relevant assets to creditors according to the approved restructuring terms
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Venezuelan President Maduro Announces Restructuring of National Cryptocurrency Asset Regulator
According to reports, Venezuelan President Nicola á s Maduro has announced the restructuring of the national cryptocurrency asset regulator, known as Sunacrip i
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CoinFLEX Changes Its Name to Open Exchange Amidst Restructuring Plan
It is reported that Leslie Lamb, the new CEO of Coinflex, shared the news that Coinflex is changing its name to Open Exchange (OPNX) on LinkedIn. The Seychelles
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Square Enix Announces Major Restructuring and Possible Departure of President Matsuda
It is reported that Square Enix, the developer of \”Final Fantasy\” and the Japanese game giant, announced a major restructuring. President Yosuke Matsuda will r…
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Bridgewater Fund Shifts its Focus to Artificial Intelligence, Restructures for Expansion
It is reported that the world\’s largest hedge fund, Golden Bridge Water Fund, is accelerating its exit from the Dalio era, limiting the size of its flagship fu…
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Uniswap Founder Hayden Adams Urges Polygon to Address Its Restructuring Problem
On February 24, Hayden Adams, the founder of Uniswap, tweeted that Polygon needed to take public action to solve its restructuring problem. Yesterday\’s 157 blo…
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Meta Denies Reports of Layoffs and Restructuring
According to reports, Meta spokesman Andy Stone said that the Washington Post\’s report on the company\’s layoffs and restructuring was \”untrue\”.
Meta pr…
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Messari Restructures Workforce to Meet Customers’ Needs
It is reported that Messari, a blockchain research company, has cut its staff by 15%. Ryan Selkis, chief executive of Messari, said that as part of the restruc…
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Meta to Implement Restructuring and Layoffs
It is reported that Meta is preparing to carry out a new round of layoffs, and entrusts human resources, lawyers, financial experts and senior executives to ma…
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Compute North Finalizes Restructuring Plan After 13 Asset Sales
It is reported that a federal judge approved the final restructuring plan of Compute North, a virtually dissolved cryptocurrency mining service company, which …
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Auros Global Suffers from FTX’s Bankruptcy, But Creditor Takes Steps to Restructure Bad Debts
It is reported that the crypto trading company Auros Global is the victim of the bankruptcy of the crypto exchange FTX. Its main creditor, M11 Credit, said in …
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Celsius Network Restructures with Sale Plan Submission
On February 15, it was reported that the debtor of Celsius Network had submitted a sale plan to the United States Bankruptcy Court for the Southern District of…
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Magic Eden Restructures and Lets Go of 22 Teammates
On February 14, Jack Lu, founder of Magic Eden, the Solana ecological NFT trading platform, tweeted that today is a sad day for Magic Eden. As part of the comp…