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Egypt Applies for BRICS Membership, Seeks Trade in National Currencies

[Jun 15, 2023 9:30 PM] Egypt has filed an application to join the BRICS bloc, Russia’s ambassador to the Arab nation confirmed. The government in Cairo is interested in using alternative currencies in foreign trade, either national fiats or a new common currency, the…

UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal

[Mar 18, 2023 2:30 PM] After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to…

'Categorically false' — Attorney denies bids for Celsius assets were rejected

[Jan 31, 2023 11:41 PM] The Celsius Official Committee of Unsecured Creditors hosted a two-hour town hall shortly after the filing of the Celsius examiners’ report.

Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital

[Jan 31, 2023 9:00 AM] On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the…

Leaked bids: Binance, Galaxy Digital among secret bidders for Celsius assets

[Jan 26, 2023 9:08 PM] Crypto blogger Tiffany Fong has shared documents she claims to have obtained in late December detailing several bids for Celsius' crypto assets.

FTX customers want more info on FTX's plans to sell subsidiaries

[Jan 5, 2023 11:26 PM] While the Ad Hoc Committee does not want to prevent the sales from occurring, it argued it needs to be involved to ensure that customers' interests are represented.