Search

BANKRUPTCY OVERTOOK THE VOYAGER DIGITAL CRYPTO-LENDER

... noting that the bankruptcy application was filed in accordance with Part 11 of the Bankruptcy Code of the United States, which means the suspension of all court proceedings... ... a result, the stablecoin lost almost all of its value along with its paired token. Cryptocurrency prices began to fall at the end of last year on expectations that the... ... the inflation outlook, and rising interest rates hurt the industry and its prospects. Bitcoin, the largest and most well-known cryptocurrency, fell by 58% in the first six...

74 countries are at risk of bankruptcy due to the pandemic

... to the Paris Club, which helped to coordinate the project along with the IMF and the World Bank. Sri Lanka is the closest to bankruptcy, according to experts. S&P Global rating agency has recently warned of the country's risk of default in the very near ... ... citizens. Ghana, Tunisia and El Salvador are also at risk of default. According to the Banksta telegram channel, the experience of cryptocurrency trading conducted by the President of El Salvador was unsuccessful. It is assumed that this could have caused $11 million in damage to the budget. Bitcoins purchased for $71 million are currently worth about $60 million. Experts note that servicing loans is becoming more expensive....

Sorted by relevance | Sort by date