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Cryptocoins News / The Cointelegraph ​ - 2 years ago

GameFi project Gala files $28M lawsuit against pNetwork

The lawsuit stems from a million-dollar exploit in November 2022 that allegedly took place due to a private key leak. On March 20, GameFi project Gala Games announced...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

FTX debtors file lawsuit against exchange’s Bahamian arm on ownership of property

The lawsuit claims FTX Digital Markets was an “economic nullity” within the FTX Group “created as a front to facilitate a conspiracy to defraud the Debtors’ customers.”...

Cryptocoins News / Blockchain  - 2 years ago

Swiss regulators consider UBS takeover of Credit Suisse to prevent collapse

Swiss regulators are reportedly considering emergency measures to accelerate the acquisition of Credit Suisse by UBS, Switzerland's largest bank. The Swiss National Bank and the Swiss Financial Market Supervisory Authority believe that the acquisitio...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

UBS Group doubles offer and acquires Credit Suisse for $2B

Swiss authorities agreed to change the country's regulations to bypass a shareholder vote and announce the deal over the weekend. UBS Group doubled its initial offer...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

UBS Group agrees to $3.25B ‘emergency rescue’ of Credit Suisse

Swiss authorities agreed to change the country's regulations to bypass a shareholder vote and announce the deal over the weekend. UBS Group has agreed to buy its aili...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Credit Suisse rescue plan may include nationalization, bondholder losses

A bank rescue plan for Credit Suisse may impose losses on its bondholders and even result in a full or partial nationalization of Credit Suisse Group AG. A rescue plan...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Switzerland preparing emergency measures for UBS' takeover of Credit Suisse: Report

The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people familiar with the situation....