Cryptocoins News / Blockchain - 1 year ago
CoinFlex may be getting headway with respect to its restructuring plans as the majority of its creditors are backing the idea as revealed in early voting. (Read More)
Bitcoin News / Google News Bitcoin - 1 year ago
California Governor Newsom Vetoes Bill to Regulate Crypto — Calls for 'More Flexible Approach' – Regulation Bitcoin News& & Bitcoin News
Bitcoin News / Bitcoin.com - 1 year ago
California Governor Gavin Newsom has vetoed a bill to regulate crypto in his state. He stressed that “a more flexible approach is needed” to “keep up with rapidly evolving technology and use cases” in the c...
Bitcoin News / Bitcoinist - 1 year ago
CoinFLEX is one of the crypto exchanges that suffered during the bearish trend and is currently paving for restructuring. Following its filings for reorganization at s Seychelles court, the exchange released its restricting plan.
The crypto winter in...
Cryptocoins News / The Cointelegraph - 1 year ago
Subject to a vote and court approval, the plan proposed CoinFlex creditors own 65% of the company, while its team members be allocated 15% of the company's shares. Cry...
Cryptocoins News / Blockchain - 1 year ago
CoinFLEX said that creditors will own 65% of the company. While, the company's team will be allocated 15% of the remaining shares, to vest over time in an employee share option program (ESOP). (Read More)
by COINS NEWS - 1 year ago
So Binance offers 10% flexible savings on BUSD which is miles better than anything my bank offers. I know 'Do Your Own Research' and all but I wanted to ask if there are any major risks with putting some of my savings into this. I know there&...
Cryptocoins Exchanges / Binance - 1 year ago
Let's say im using flexible financial savings for AXS, the APR Tier Fee is : 20% for up to 5 AXS 1% for up to 20 AXS zero.5% over 20 AXS I need a 20% APR so I solely save 5 AXS but if I exploit the Auto-Subscribe the amount is gonna change with t...
Cryptocoins Exchanges / Binance - 1 year ago
Let's imagine I've eth and I fastened staked it on 20% per yr, and the third month I discover eth doubles its worth so I determine it's better to sell, so I cancel staking, can I instantly do what I would like with the cash in the meanwhile and I sim...
Bitcoin News / Google News Bitcoin - 1 year ago
Crypto Futures Exchange CoinFLEX To Lay Off Employees As It Fights Legal Battle With ‘Bitcoin Jesus’& & The Daily Hodl
Cryptocoins News / Blockchain - 1 year ago
Updating its users on the latest for the week, cryptocurrency exchange CoinFLEX has announced that it is cutting down on its staff strength (Read More)
Cryptocoins News / CoinJournal - 1 year ago
CoinFLEX co-founders& Sudhu Arumugam and Mark Lamb say the goal is to be lean staff-wise and to remain ‘right-sized’ should potential acquisition proposals come in.
Crypto exchange CoinFLEX has announced that it has cut its headcount...
Cryptocoins News / The Cointelegraph - 1 year ago
“The intention is to remain right-sized for any entity considering a potential acquisition of or partnership opportunity with CoinFLEX,” said the exchange. Cryptocurre...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
The CoinFLEX team has announced that it has laid off a significant portion of its team to cut operational costs by 50 to 60%.
CoinFLEX has also made cuts in non-staff costs.
The team explained that the cost-cutting was meant to transform th...
Cryptocoins News / The Cointelegraph - 1 year ago
A new survey from crypto exchange KuCoin shows that Web3 enthusiasts who have not worked in the industry are very eager to explore opportunities in the blockchain space. The participants noted that the industry’s appeal includes flexibility, growth...
Cryptocoins News / NewsBTC - 1 year ago
The infamous Roger Ver is back in the headlines for all the wrong reasons. Like many players in the industry, the derivatives exchange CoinFLEX recently ran into financial trouble. Surprisingly, they blamed it all on Roger Ver and the circus started...
Cryptocoins News / Blockchain - 1 year ago
According to Bloomberg News, CoinFlex will allow users to later withdraw 10% of their balance after suspending withdrawals last month.
On June 29, CoinFlex CEO Mark Lamb revealed on Twitter that cryptocurrency investor Roger Ver owes the company $4...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
CoinFLEX has announced the resumption of crypto exchange trading services.
However, withdrawals will be limited to 10% of user funds as 90% of all users’ assets are locked.
The CoinFLEX crypto exchange has announced the resumption of pre...
Bitcoin News / Google News Bitcoin - 1 year ago
Trading platform CoinFLEX today announced limited withdrawals for customers after freezing them last month amid a dispute with prominent crypto investor Roger “Bitcoin Jesus” Ver.
The company said in a Thursday blog post that users can now take out...
Cryptocoins News / CoinJournal - 1 year ago
After pausing withdrawals last month, CoinFLEX has today announced the resumption of withdrawals.
CoinFLEX announced it will enable limited withdrawals for all its users this week as it continues to work on its recovery plans.
Starting at 5 am UTC (...
Cryptocoins News / The Cointelegraph - 1 year ago
Cryptocurrency exchange CoinFLEX is partially reopening user withdrawals, raising cautious optimism that the company was gradually recovering from liquidity constraints that were triggered by a high-profile client default.
Beginning at 5 am UTC on...
by COINS NEWS - 1 year ago
People can't 'riot' over this, because BCH and SmartBCH forum admins are banning anyone who questions it effectively, particularly Roger Ver's involvement in it due to allegedly making bad bets without supplying collateral as promised, leaving CoinF...
Cryptocoins News / CoinJournal - 1 year ago
Crypto exchange CoinFlex, which recently paused customer withdrawals amid liquidity stress, and revelations that crypto investor Roger Ver owed $47 million in failed repayments, has instituted legal action to recover even more from the pioneer crypt...