Voyager Lawyers ‘Surprised’ Binance.US Canceled $1B Deal
Voyager was taken by surprise when Binance.US canceled a $1 billion deal to buy its assets on Tuesday, as the exchange was still showing interest as recently as last week, Voyager's attorneys told a New York courtroom on Wednesday.
Binance.US Enables Free Web3 Domain Creation for American Users
Binance. US users will soon be able to set up decentralized domains through a new partnership with Unstoppable Domains. The offering will allow users to mint ". BinanceUS" domains, providing users with easily understandable names for cryptocurrency wallets to buy, sell and transfer cryptocurrency in the Binance. US app.
3.1 Trillion Shiba Inu at Serious Selloff Risk
Binance.US has backed out of a deal to acquire bankrupt Voyager's assets, including over 3.1 trillion Shiba Inu tokens, leaving them at risk of a selloff. Binance.US cited growing regulatory uncertainty surrounding the crypto scene in the United States for its decision, despite a court giving the go-ahead for the acquisition. The termination of the acquisition deal indicates that Voyager will continue to liquidate its crypto holdings as initially intended in an attempt to raise liquid funds to make affected customers whole. These holdings include a 3.1 trillion Shiba Inu balance in one of its wallets. It remains to be seen how this systematic dump will affect the market, although market participants believe the impact will be minimal or nonexistent.
Binance.US Cites ‘Hostile’ Regulator, Yanks US$1.3 Billion Deal To Buy Voyager Digital
Binance.US has pulled out of a US$1.3 billion deal to buy bankrupt crypto lender Voyager Digital, the company sai<a href="https://twitter.com/BinanceUS/status/1650932061866172435" target="_blank">d</a> Tuesday, citing a lack of clear regulations in the country for the crypto industry.
Binance.US Blames Hostile Regulatory Climate in US for Termination of Voyager Asset Purchase Agreement
Voyager reportedly has approximately $1.04 billion in assets available for liquidation.
Voyager Digital Receives Notice of Termination from Binance.US, Has $1.04 Billion in Assets Available for Liquidation
Voyager has received a Notice of Termination from Binance.US, terminating the $1 billion acquisition deal between Voyager and BinanceUS.
Binance.US Terminates $1 Billion Acquisition Deal with Bankrupt Crypto Lender Voyager Digital
Voyager assured customers that their Chapter 11 bankruptcy plan will continue to allow for direct distribution of cash and cryptocurrency to customers through the Voyager platform.
Crypto Morning Briefing: Binance.US Backs Out of Voyager Asset Purchase Deal
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Binance.US Backs Out of Voyager Asset Purchase Deal
Voyager said April 25 that Binance.US no longer intends to go through with the purchase of its assets.
Binance Hits Snag As New China-Link Emerges; Are US Customers In Trouble?
According to information obtained from recent reports, the digital asset trading platform Binance.US, which is owned by crypto mogul Changpeng “CZ” Zhao and was established in order to cater to clients in the United States, has a sizeable tech personnel based out of Shanghai, China.
