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March 29th - According to the "2026 China Toy and Juvenile Products Industry Development White Paper" recently released by the China Toy and Juvenile Products Association, in 2025, the total retail sales of toys (excluding trendy toys) in the domestic market reached 103.53 billion yuan, a year-on-year increase of 5.8%; the total retail sales of trendy and collectible toys reached 67.69 billion yuan, a year-on-year increase of 45.4%.March 29 – Chevron (CVX.N) stated that its Whitstone gas facility in Australia has been damaged by a storm, impacting its restart efforts. Tropical Cyclone Narrele disrupted normal operations at mining and liquefied natural gas facilities along Australias northern and western coasts over the past week. In a statement, Chevron said, "The Whitstone gas facility near Onslow has suffered equipment damage due to severe weather, affecting restart efforts." The company added that it will take "several weeks" for the Whitstone facility to return to full production.On March 29, Iran released satellite images showing the destruction of a US E-3 early warning aircraft. The Iranian Islamic Revolutionary Guard Corps issued a statement on the 29th, claiming that an E-3 early warning aircraft at the Prince Sultan Air Base in Saudi Arabia had been completely destroyed. Other nearby aircraft also suffered severe damage. According to Iranian sources, the Prince Sultan Air Base in Saudi Arabia was recently attacked by Iranian missiles and drones, and one US E-3 early warning aircraft was damaged in the attack.RIA Novosti: Russia claims it has occupied the village of Kivsharivka in Kharkiv Oblast, Ukraine.On March 29th, E Fund, a listed fund specializing in crude oil futures, announced that its secondary market trading price has recently been significantly higher than its net asset value (NAV). On March 25th, 2026, the NAV per unit was 1.6067 yuan, while the closing price on the secondary market as of March 27th was 2.260 yuan. To protect investors interests, trading in the fund will be suspended from the market opening on March 30th until 10:30 AM, resuming at 10:30 AM. Redemption services will continue as usual during the suspension period. If the premium does not effectively decrease, further suspension measures will be taken as needed.

What the Voyager Digital Bankruptcy Means for Your Cash and Crypto

Skylar Shaw

Jul 12, 2022 14:43

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After publishing an update on the assets kept by users on its platform, Voyager (OTCMKTS:VYGVF) is once again in the news. This is the most recent development in the tale since Voyager Digital filed for bankruptcy on July 6.


Since Voyager stopped all withdrawals, deposits, and incentives on July 1st, users have been living in a world of uncertainty. The collapse of the cryptocurrency hedge fund Three Arrows Capital was cited as the reason for the crypto lender's decision to file for Chapter 11 bankruptcy (3AC). Before 3AC disclosed its insolvency, Voyager had financed it $650 million.


If the Federal Deposit Insurance Corporation (FDIC) is backing the US dollars (USD) on the platform is another contentious issue (FDIC). The FDIC is now investigating Voyager's client outreach for deposit insurance.


However, based on the most recent business update, it seems that Voyager clients will be able to receive their USD back. Now let's discuss the specifics.

What Your Cash and Crypto Means After the Voyager Digital Bankruptcy

According to the update, Voyager maintains USD in a Metropolitan Bank For Benefit of Customers (FBO) account (NYSE:MCB). The USD balance in each customer's account is the same as the USD balance Voyager has in its FBO account. Customers' USD will thus be available following "a reconciliation and fraud prevention procedure" and is FDIC-insured. Voyager stressed:


"To be clear: Voyager does not handle client cash; that cash is housed at MCB. FDIC insurance does not protect against the demise of Voyager."


The platform's crypto assets are a separate matter, even if it seems that the FDIC covers Voyager's USD. Currently, Voyager has around $1.3 billion worth of cryptocurrency holdings. Customers will be compensated for their current holdings under the parameters of the Chapter 11 restructuring plan with a mix of cryptocurrency and stock. Customers may choose how much common stock and cryptocurrency they want to get.


Voyager tokens and the remaining cryptocurrency were returned. Customers will furthermore get common shares in the newly reformed firm and money recovered from 3AC. Voyager points out that the suggested approach might yet alter.


Voyager is now seeking further strategic options. The potential of a "third-party investment or sale" was also acknowledged by the corporation.

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