EUR/USD 1.13462
-0.303%
Gold 4064.64
-1.107%
Oil 71.923
-1.331%
USD/JPY 161.742
0.110%
GBP/USD 1.31762
-0.203%
GBP/JPY 213.119
-0.088%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On June 24, it was reported that the IPO application status of Suzhou Intermod Technology Co., Ltd. on the ChiNext board has changed to "under inquiry," with Huatai United Securities as the sponsor.On June 24th, the Ministry of Commerce and seven other departments formulated the "Special Action Plan for Rectifying the Illegal Recycling and Dismantling of End-of-Life Motor Vehicles." The plan, now issued, mentions rectifying the illegal sale of parts from end-of-life motor vehicles. It calls for investigating and punishing, according to law, acts such as selling used new energy vehicle power batteries to organizations or individuals other than recycling service outlets or comprehensive utilization enterprises, refusing to report traceability information or submitting false information, and selling or reselling dismantled three-way catalytic converters to enterprises without processing qualifications. The plan also involves verifying the parts registration ledgers of end-of-life motor vehicle recycling enterprises, and for those with a large number of missing parts, investigating whether they cooperated with illegal recycling and dismantling "black workshops," facilitating the receipt of scrapped vehicles with partially dismantled parts and issuing "recycling certificates," etc. Furthermore, it supervises the standardized use of the national mark for remanufactured automotive parts, and investigates and punishes the illegal refurbishment of the "five major assemblies" and three-way catalytic converters of end-of-life motor vehicles, as well as the sale of substandard remanufactured parts without the "remanufactured product" label.The Ukrainian military has attacked a natural gas processing plant and a helium plant in Russias Orenburg region.Bilibili (09626.HK) announced a new $300 million share buyback program, under which the company can repurchase up to $300 million worth of its own shares within 24 months from the date of this announcement.The German DAX index fell by 1.00% on the day.

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