Southern Financial News

15.07 / 12:39

Reuters Digital Platform Southern network $1.19B Deficit Hole Listed on Balance Sheet: Celsius Network

A $1.19 billion deficit was listed on Celsius Network's balance sheet in a court filing on Thursday.

15.07 / 11:21

cryptocurrency Digital Southern Crypto Lender Celsius Reveals $1.19 Billion Hole In Bankruptcy Filing

New Jersey-based Celsius froze withdrawals last month.

14.07 / 18:07

Provident Maxim Platform Southern The A-to-Z of Celsius filing for bankruptcy after closing off all debts

Crypto lending platform Celsius has created many headlines across the crypto space over the past two months. In the latest development, Celsius closed off the last of its DeFi debts that it owed Compound, Aave, and Maker.

14.07 / 10:17

cryptocurrency Southern network Crypto Lender Celsius Network Files For Bankruptcy

Celsius froze withdrawals and transfers last month.

06.07 / 12:03

Digital Platform Southern Arrow Crypto brokerage Voyager Digital files for Chapter 11 bankruptcy protection

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06.07 / 12:03

UPS Digital Southern Voyager Digital files for Chapter 11 bankruptcy protection

Popular cryptocurrency lender Voyager Digital declared bankruptcy late Tuesday, becoming the second high-profile crypto-firm to do so in recent days. Voyager, based in Toronto, filed for Chapter 11 bankruptcy protection in the Southern District of New York on Tuesday. It estimates that it has more than 100,000 creditors and assets worth between $1 and $10 billion. The same range was also recorded for its liabilities.

04.07 / 12:59

Digital Southern Arrow Three Arrows Capital Files for Chapter 15 Bankruptcy in the US

The embattled cryptocurrency hedge fund, Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in the United States of America as it looks to preserve its assets in the country.

02.07 / 17:33

Twitter Digital Southern Arrow 3AC refuses to go down amid institutional crisis? Here’s latest update

The Three Arrows Capital [3AC] crisis sees no end even after the news of insolvency was confirmed. The Singapore-based crypto hedge fund has filed for Chapter 15 Bankruptcy Protection as per the Financial Times. However, the leak has spread to other crypto institutions and the crypto market continues to bleed in these circumstances.

01.07 / 10:37

Southern Leon Black rebuffed in Apollo conspiracy claim

A federal judge dismissed a case brought by former Apollo Global Management chief executive Leon Black alleging that his former partner and others conspired to destroy his reputation and push him out of the firm.

28.06 / 12:23

Citi JPMorgan Southern travelers Time International China cuts quarantine time for international travelers in big step toward easing Covid controls

BEIJING — China cut the quarantine period for international travelers on Tuesday, a big step toward loosening Covid controls that have persisted for more than two years.

20.06 / 16:11

Highways Southern Labor Shortage Stymies Construction Work as $1 Trillion Infrastructure Spending Kicks In

WASHINGTON—Construction projects across the U.S. are running short on labor just as $1 trillion in federal infrastructure money starts to kick in, leading companies to get creative in their quest to attract and retain workers.

15.06 / 14:19

UPS Action Southern ECB Holds Emergency Meeting to Address Bond Selloff

FRANKFURT—The European Central Bank summoned an emergency meeting Wednesday to discuss turbulence in the region’s bond markets after a policy shift by the bank triggered a heavy selloff in some government bonds.

14.06 / 10:55

Citi Volkswagen Tesla Southern Most factories in Shanghai resume work as Covid controls ease, ministry says

BEIJING — Factories in two of China's Covid-hit economic hubs have mostly resumed work as the impact of the virus subsides, according to China's Ministry of Industry and Information Technology.

24.05 / 04:21

Citi Target Manufacturing Southern shock Why China will likely recover more slowly from the latest Covid shock

BEIJING — China's economy won't be snapping back quickly from the latest Covid outbreak, many economists predict.

21.05 / 16:25

cryptocurrency Digital Southern cryptocurrency news Bitcoin Now, Portugal Plans To Tax Cryptocurrencies

Portugal plans to tax cryptocurrencies

19.05 / 19:33

Citi Southern Cisco CSX Stocks making the biggest moves midday: Cisco, Kohl's, CSX and more

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30.04 / 03:21

FIVE Aware Southern BitStamp EU and UK represent a unique challenge for crypto adoption: Report

A new crypto study has found that major obstacles await crypto adoption across the world. Bitstamp, a global cryptocurrency exchange, carried out the survey of over 23000 retail and 5000 institutional respondents. Major obstacles have been pointed out in the study for different regions across the world.

27.04 / 15:49

Blockchain UPS Digital Southern Bitcoin Gibraltar became a hub for crypto — now it wants to tackle attempts to manipulate the market

Gibraltar has unveiled new regulations for the cryptocurrency industry, taking aim at potential market manipulation and insider trading in the fast-evolving space.

18.04 / 12:07

Citi Waves Southern Deaths reports Shanghai reports first Covid deaths since the start of its latest lockdowns

BEIJING — Shanghai city reported Monday its first Covid-related deaths since the latest wave of lockdowns began in earnest in late March.

13.04 / 09:51

Twitter Southern elon stake Elon Musk faces lawsuit over delayed disclosure of Twitter stake

A Twitter shareholder is suing Elon Musk, claiming he and others suffered financial losses because of the billionaire's delay in disclosing his stake in the social-media company.

06.04 / 09:33

Citi Southern services China’s Services Sector Posts Steepest Decline Since Pandemic’s Start

SINGAPORE—Activity in China’s services sector tumbled in March at its fastest pace since the onset of the Covid-19 pandemic, as lockdowns aimed at smothering outbreaks in major cities kept millions at home and pummeled consumer spending.

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