Voyager Files for Bankruptcy Protection & Facebook NFTs Coming Soon! [Crypto Espresso 07.6.22 ]

CoinMarketCap published this video item, entitled “Voyager Files for Bankruptcy Protection & Facebook NFTs Coming Soon! [Crypto Espresso 07.6.22 ]” – below is their description.

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• Voyager Files for Bankruptcy Protection After Three Arrows Capital Defaults on $650M Loan

CEO Stephen Ehrlich says “deliberate and decisive action” is needed now — and sets out how affected customers locked out of their funds will be reimbursed.

https://coinmarketcap.com/alexandria/article/voyager-files-for-bankruptcy-protection-after-three-arrows-capital-defaults-on-650m-loan

• Britain’s Crypto-Friendly Finance Minister Suddenly Resigns

Back in April, Rishi Sunak unveiled plans to ensure stablecoins would become a recognized form of payment in the U.K — his departure may throw that policy into doubt.

https://coinmarketcap.com/alexandria/article/britain-s-crypto-friendly-finance-minister-suddenly-resigns

• Facebook Vows to Push Ahead with NFT Plans Despite Market Crash

But an executive admits we have now seen a “pit of despair” take hold of the market — and a lot of the projects created during last year’s mania will not survive.

https://coinmarketcap.com/alexandria/article/facebook-vows-to-push-ahead-with-nft-plans-despite-market-crash

• Luxury Jeweler Launches Legal Fight over $7.5M Bitcoin Ransom

Graff Diamonds paid millions of dollars to the Conti ransomware group — but is suing an insurer because it is refusing to cover the payout.

https://coinmarketcap.com/alexandria/article/luxury-jeweler-launches-legal-fight-over-7-5m-bitcoin-ransom

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