Cobinhood exchanges reportedly goes bust—or not
Cobinhood has reportedly gone under, succumbing to the issues that plagued a number of companies during the prolonged crypto winter.
Cobinhood has reportedly gone under, succumbing to the issues that plagued a number of companies during the prolonged crypto winter.
New Zealand-based Cryptopia is closing after filing for bankruptcy, several months after the crypto exchange was hit with a $15 million hack.
Canadian cryptocurrency exchange QuadrigaCX has been declared bankrupt following a failed attempt to restructure the firm.
Ernst and Young has submitted a proposal to the courts suggesting the company’s restructuring should be move to bankruptcy proceedings.
The exchange has suffered million-dollar losses after the individual charged with maintaining crypto balances reportedly embezzled its funds.
The saga surrounding the QuadrigaCX cryptocurrency exchange out of Canada continues to move forward as law firms Miller Thomson and Cox & Palmer will represent more than 100,000 customers of the crypto exchange in the coming weeks.
The NEM blockchain, which is behind the NEM (XEM) cryptocurrency, isn’t doing so well.
Embattled cryptocurrency miner Giga Watt has been dealt another serious blow, with the news that the firm has been forced to shutter its day-to-day operations with immediate effect.
The UK-based cryptocurrency trading platform Cubits was one of several that lost a considerable amount of money from fraudulent activity this year.
U.S.-based crypto mining company Giga Watt has declared bankruptcy, with debts amounting to millions still outstanding to their creditors, according to a filing before a district court in New York.
The Wemovecoins cryptocurrency exchange has been forced into bankruptcy due to dispute between the company and a credit card vendor.
The lawyer appointed to oversee the Mt. Gox refunds, Nobuaki Kobayashi, has reportedly liquidated around $230 million worth of Bitcoin BCH and Bitcoin Core (BTC) in the past four months.