NEWS | Goblin Crypto

Thiel-Backed Crypto Lender Vauld Becomes 5th Company to Announce Freeze on Customer Withdrawals

07/04/2022 12:00 pm 01/18/2023 4:34 pm

Crypto exchange and lender Vauld announced Monday it was freezing user withdrawals, becoming the fifth company to do so in less than a month. “We are facing challenges despite our best efforts,” the Singapore-based firm said in a morning statement. “This is due to a combination of circumstances such as the volatile market conditions, the financial difficulties of our key business partners inevitably affecting us, and the current market climate. “This has resulted in significant …

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Celsius Loan Repayment Moves its Bitcoin Liquidation Price Down to $12,243 as of July 1

07/03/2022 10:00 pm 07/09/2022 2:47 am

Celsius Network stands to see its $463 million Maker Dao loan liquidated if bitcoin hits a price of $12,243 after making several large repayments, according to blockchain data. The company furnished $142 million in repayments on loans on Maker Dao and Compound, according to the data. It repaid an additional $67 million on the Aave Protocol on July 2, lowering its liquidation price on a staked Ethereum (stETH) wallet to an Ethereum price of $497. …

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Texas, Alabama Expand Investigations into Celsius, Voyager

07/08/2022 11:30 pm 07/09/2022 3:56 am

Regulators in Texas and Alabama announced Friday they were expanding their investigations into Voyager Digital and Celsius Network. “What we’re seeing now is that a lot of these crypto-lending firms may not have fully disclosed what they were doing on the backside with investors’ money,” Texas State Securities Board enforcement chief Joe Rotunda told Bloomberg. “The risks associated with those types of lending practices, or even the other types of transactions they are engaging in.” Amanda …

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YouTube Influencer Ran Neuner Threatens Anonymous Twitter Account for Investigating Ties to Terraform Labs: ‘Attention Fat Man’

07/02/2022 8:00 pm 07/17/2022 2:09 am

: YouTube influencer Ran Neuner threatened an anonymous Twitter account on Friday for investigating his ties to the disgraced crypto company Terraform Labs. A letter from Neuner’s attorney, Chris Boulle, was shared on Twitter by the account in question, “FatManTerra.” Boulle said he was speaking on behalf of Neuner and his website, Crypto Banter. “Attention ‘Fat Man,’” the stern missive began. “We refer to your correspondence with the clients, copies of which have been handed …

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Three Arrows Capital Tells Court it Lost $3 Billion in 2 Months

07/02/2022 10:00 pm 07/17/2022 2:03 am

Three Arrows Capital held $3 billion in assets under management as recently as April, the company told a New York court in a Friday bankruptcy filing. “The debtor is an investment firm incorporated in the British Virgin Islands with a focus on trading cryptocurrency and other digital assets that was reported to have over $3 billion of assets under management as of April 2022,” attorneys for the company wrote in a Chapter 15 bankruptcy filing …

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