BTC is not credit - future value. BTC never promises future value. BTC is just cash - present value. So the title of Satoshi Nakamoto's Bitcoin white paper says that BTC is "electronic cash" rather than "electronic credit."
JinseFinanceCelsius Network exits bankruptcy, paying $3B+ to creditors and launching Ionic mining.
ZoeyTerraform Labs' bankruptcy filing has significant implications for the Terra community and the market. The ongoing legal challenges, coupled with Do Kwon's troubles, contribute to a challenging environment. LUNA's market performance reflects the prevailing negative sentiment, with potential extradition complications adding to the uncertainty.
Cheng YuanFTX's new bankruptcy plan proposes valuing digital assets at the bankruptcy date, potentially disadvantaging creditors.
AlexHKEX launches "Synapse" for efficient equities settlement with smart contracts, aiming to boost trade confirmation workflows.
SnakeDeadline extensions and auctioning distressed assets are on the schedule along with Sam Bankman-Fried’s attorneys entering the chat during the next FTX bankruptcy hearing.
decryptThe company will pay employees and vendors, but not former CEO Sam Bankman-Fried or Caroline Ellison.
“There will be no transaction with FTX, I think that is quite obvious,” Voyager's attorney said at a hearing on Tuesday.
Crypto lender Voyager Digital Ltd., which is at present bankrupt, has begun its auction in New York.
BitcoinistAn unnamed source told CNBC that the company plans to file the bankruptcy paperwork "imminently."
Cointelegraph