EUR/USD 1.16011
-0.254%
Gold 4463.30
-0.547%
Oil 93.185
1.656%
USD/JPY 159.907
-0.011%
GBP/USD 1.34326
-0.234%
GBP/JPY 214.803
-0.245%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
CrowdStrike (CRWD.O): Appointed Bartley Richardson as Chief Artificial Intelligence Officer. Richardson previously led the Agentic AI project at NVIDIA.Federal Reserve Governor Barr will participate in a dialogue at the 2026 Community Development Bankers Association Peer Forum in ten minutes.Navitas shares rose 15.4% in pre-market trading after the company announced a partnership with Nvidias MGX ecosystem to accelerate the construction of 800-volt DC AI infrastructure.June 3rd - Wall Street traders anticipate a strong jobs report on Friday. However, this may not be enough to reassure them, as war-induced oil price volatility is drawing more attention to inflation. While oil prices have continued to climb, the stock market appears unaffected, remaining remarkably stable. Beneath this surface, however, concerns are growing about the persistence of inflationary pressures and how the Federal Reserve will address the issue. Traders expect the Feds June interest rate decision to be the most important event for the S&P 500 in the coming month, preceded by the June CPI report. Data from Citigroup shows the options market expects the index to fluctuate by 0.6% on Friday, marking one of the quietest days for the jobs market in months.June 3rd - In May, U.S. businesses added the most jobs since January 2025, suggesting the labor market may be accelerating despite rising energy costs due to the Iran war. ADP data supports the view that after months of uneven hiring, the labor market may be gradually improving, with job openings increasing while layoffs remain low. If this trend is confirmed in official government data, it could lead to speculation that the Federal Reserve is more likely to raise interest rates than cut them in the coming months.

Crypto lender Voyager Digital gets approval to return $270 million to customers

Alice Wang

Aug 05, 2022 15:16

微信截图_20220805145311.png


Voyager Digital Holdings Inc., a cryptocurrency company, has been granted permission by the U.S. Bankruptcy Court in New York to restore $270 million in client funds, the Wall Street Journal reported on Thursday.


Voyager Digital Holdings Inc., a cryptocurrency company, has been granted permission by the US Bankruptcy Court in New York to restore $270 million in client funds, the Wall Street Journal reported on Thursday.


According to the Journal, Judge Michael Wiles, who is in charge of Voyager's bankruptcy, said the firm had "sufficient grounds" to back up its claim that clients should be given access to the custodial account kept at Metropolitan Commercial Bank.


The business did not immediately respond to requests for comment.


Voyager, one of several businesses that struggled after the widespread turbulence on the cryptocurrency market, filed for Chapter 11 last month.


Voyager reported that it had between $1 billion and $10 billion in assets and liabilities, as well as over 100,000 creditors, in its bankruptcy case.


The Federal Reserve and the Federal Deposit Insurance Corp (FDIC) issued an injunction to the firm last week directing it to stop making "false and misleading" promises about the government's protection of its clients' cash.


The firm only had a bank account at Metropolitan Commercial Bank, according to the authorities, and none of the investors using its platform were covered by the FDIC.


During the COVID-19 epidemic, cryptocurrency lenders like Voyager saw a surge in business, luring depositors with high interest rates and convenient access to loans that conventional banks seldom ever gave. Lenders have suffered from the recent decline in cryptocurrency markets, which was brought on by the failure of two significant tokens in May.

Suggestion