In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).
The balance sheet of a firm records the monetary value of the assets owned by the firm. It is money and other valuables belonging to an individual or business. Two major asset classes are tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.
Troubles continue to pile up for bankrupt cryptocurrency lender VoyagerDigital... The departure comes at a time when the New York-based Voyager Digital initiated the process of selling its asset at the beginning of the month.Bid for Voyager’s Assets ... A small proportion of a few other assets will also be sent back to the bankrupt company.
Customers’ assets have been frozen since bankrupt cryptocurrency lender Celsius banned withdrawals in June ... Celsius May Repay Wrapped Assets. According to a newly leaked recording, Celsius Network executives are considering repaying clients by releasing new wrapped assets for trading on other platforms.
“The Greens” ...Perhaps because it is part of a larger agenda of oppression, total control and transfer of assets from the bottom and middle to the top ... Ms ... The elite – financial hegemons – expect to joyfully benefit from the bankrupted small and medium size companies of which the assets were sucked up-up and away into the blue sky of the billionaires ... .
FTX, one of the leading cryptocurrency exchanges in the crypto industry today, is looking to flex its muscles even further with plans for new acquisitions ... FTX eyes fresh growth ... The company is also among those looking to acquire assets of bankrupt crypto lender Voyager ... ....
The total cryptocurrency market cap saw net outflows totaling $10.1 billion ...Source ... Bitcoin ... The asset’s performance was heavily influenced by the Fed hiking interest rate by 75bps ... The asset enjoyed some respite, briefly breaking above the $1300 mark before a sharp decline ... Its parent company is bankrupt, and its asset is currently up for sale ... .
On September 29, the final results of the auction for VoyagerDigital assets will be revealed and the winner of the bids competition will be announced. Digital asset exchanges Binance and FTX have been leading the bids competition for the assets of crypto lending platform Voyager Digital which has gone bankrupt.
Crypto exchanges Binance and FTX have reportedly made the top bids of approximately $50 million each for the assets of the bankrupt crypto lending firm VoyagerDigital... The auction for the New York-based firm’s assets began on September 13. Other bidders reportedly include digital asset manager Wave Financial and trading platform CrossTower.
Crypto exchanges Binance and FTX have come up with the leading bids for assets of bankrupt crypto lender VoyagerDigital, the Wall Street Journal reported on Tuesday, citing people familiar with the matter ... Bitcoin transactions remain popular on BitPay despite volatility. No need to pay 30% tax and 1% TDS on some NFTs and digital assets ... Also Read ... .
A preferred bidder has been selected to purchase Ocho Rios-based attraction MysticMountain, the main asset of the bankrupt Mystic Mountain Limited, MML. However, while receiver Wilfred Baghaloo, of accounting and tax advisory firm... .
Sign up here. DownloadInsider's app here ... 1 ... Sam Bankman-Fried's Alameda is set to repay $200 million in bitcoin and ether to Voyager, a lender that went bankrupt during the crypto winter. The loan was worth $377 million before the digital asset slump worsened thanks to high inflation, rising interest rates, and traders fleeing from risky investments.
The popular equity group Alameda Research led by Sam Bankman-Fried has to pay back around two hundred million dollars in loans to bankrupt cryptocurrency investor VoyagerDigital... A small proportion of a few other assets will also be sent back to the bankrupt company.