Southern Financial News
24.09 / 16:39
Provident
Digital
Southern
Crypto profits going unreported? Here’s why you may be on the IRS radar
A U.S. District Judge recently issued an order with regards to taxation paid on cryptocurrencies. The Judge authorizing Internal Revenue Service (IRS) to seek information related to American taxpayers who don’t report or pay taxes on cryptocurrency transactions.
23.09 / 19:01
Provident
Twitter
Digital
Southern
Bitcoin
Compute North files for chapter 11- Here’s everything you need to know
Compute North has become the latest crypto firm to succumb to the ongoing bear market. One of the largest crypto mining data centers, Compute North has filed for voluntary Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas.
22.09 / 09:47
16.09 / 22:59
Platform
CoinMarketCap
Southern
Did the Celsius liquidity plea trigger CEL’s 34% freefall?
Crypto lending firm Celsius [CEL] seems to be committed to restoring its lost reputations and getting back to full operation. In its latest filing with the New York Southern District Bankruptcy Court, the company pleaded that the court allowed it to sell its stablecoin holdings.
15.09 / 22:47
Digital
Platform
Southern
Luna
Celsius: Judge permits independent examiner’s probe in bankruptcy case
A federal judge from the United States Bankruptcy Court for the Southern District of New York hasallowed the U.S. Trustee’s office to appoint an independent examiner to investigate the affairs at the New Jersey-based bankrupt cryptocurrency lending company Celsius Network.
15.09 / 15:19
15.09 / 13:23
COST
Platform
Southern
Neutral Third Party to Examine Celsius' Finances
A neutral third party is set to examine the finances of Celsius Network, which earlier this year filed for Chapter 11 bankruptcy.
14.09 / 13:31
Provident
Southern
Terra
Luna
Is LUNA a Security? South Korean Prosecutors Want to Know the Answer
South Korean prosecutors are looking into whether Terra Luna Classic or LUNC (formerly LUNA) can be considered a security – as they continue their probe into Terraform Labs and Terra ecosystem coins.
14.09 / 13:11
Waves
Southern
Luna
Korean Prosecutors Consulting if LUNA Classified "Security"
The probe into Terraform Labs by South Korean prosecutors is taking a whole new twist as watchdogs are making consultations on how best to classify the collapsed LUNA tokens — now known as Luna Classic (LUNC).
14.09 / 12:55
Digital
CEO
Southern
Luna
[Updated] South Korean Prosecutors Issue Do Kwon Arrest Warrant
South Korean prosecutors have issued an arrest warrant for Do Kwon (real named Kwon Do-hyeong), the co-founder and CEO of Terraform Labs – the firm behind the Terra ecosystem coins LUNA and LUNC. [Updated at UTC 09:03]
09.09 / 04:01
Digital
Platform
CoinMarketCap
Southern
Analyzing Voyager’s anti-ageing spell post 2000% hike in trading volume
Voyager token (VGX), the native cryptocurrency of the ‘troubled’ Voyager platform seems to be under an anti-aging spell. Herein, the only notable gain out of the top 200 coins came from the embattled cryptocurrency brokerage platform Voyager.
02.09 / 23:39
Digital
Maxim
Platform
Southern
CEL’s >30% spike aims to calm chaos but is a $50M appeal the antidote
Troubled crypto lending firm Celsius seems engrossed in fixing its long-standing challenges after being declared insolvent. Yesterday (1 September), the company filed a motion to the bankruptcy court in New York’s Southern District to allow its customers to withdraw a part of their assets.
02.09 / 16:49
Southern
How midnight forex trading in Singapore led to a London hedge fund founder’s arrest in Spain
Hedge fund Glen Point Capital was thrown into the headlines this week when its co-founder and co-chief investment officer Neil Phillips was arrested in Spain over a string of charges relating to wire fraud, commodities and foreign exchange manipulation.
31.08 / 08:29
cryptocurrency
Citizens
crypto news
Southern
fugitive
Interpol's Crypto Fraud Suspect, Fugitive Turkish Arrested In Albania Resort
Fugitive Turkish crypto fraud suspect arrested in Albania resort
24.08 / 15:41
cryptocurrency
crypto news
Southern
Bankrupt crypto
Bankrupt Crypto lender Celsius Sues Former Manager Over Alleged Theft
Celsius crypto lender, now bankrupt, sues ex-money manager over alleged theft
19.08 / 18:01
UPS
Southern
Cardiovascular
Drop
dutch
On your bike: If we all cycled like the Dutch, global emissions drop nearly 700 million tonnes
If everybody cycled as much as the Dutch, global carbon emissions would drop by nearly 700 million tonnes per year.
18.08 / 12:07
BTC
Digital
Southern
Bitcoin
Celsius Received Approval to Continue Bitcoin Mining
Celsius Network has been granted the approval to use its mined Bitcoin (BTC) to offset some of the deficit incurred in its daily operations.
09.08 / 12:59
Digital
Platform
Southern
Arrow
Voyager Digital Likely to Resume Withdrawal From August 11
Earlier on Thursday, Judge Michael Wiles of the U.S. Bankruptcy Court in New York ruled in the favor of Voyager Digital, to receive access to the funds in its custodial wallets to return the $270 million to the affected customers.
26.07 / 14:13
Binance
Man
CEO
Southern
Binance CEO files defamation case against Bloomberg- Here’s why
In what can be called, “yet another lawsuit in the crypto industry,” Changpeng Zhao, CEO of Binance has filed a defamation suit against a Bloomberg subsidiary (Modern Media CL)
24.07 / 10:57
Ethereum
Platform
Southern
Bitcoin
reports
Short-term scenario of the cryptocurrency market remains bleak: Reports
The crypto market incurred one of the worst quarter performances over Q2 of 2022. All major cryptocurrencies fell hard during this period. Bitcoin [BTC] and Ethereum [ETH] headlined the steep decline of the state of the crypto market. The fall in asset prices has also resulted in a change in wealth distribution patterns across investors.
22.07 / 14:47
Southern
Russia’s Central Bank Slashes Rates, Sees Smaller Hit From Sanctions
Russia’s central bank Friday lowered its key interest rate below its prewar level, and said it expects the economy to contract less sharply than it did when Western sanctions were first imposed in response to the invasion of Ukraine.
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