Blockchain tracker Lookonchain says that the bankrupt crypto lender Voyager has deposited $85 million price of the stablecoin USD Coin (USDC) with Circle.
Lookonchain notes that Voyager has been promoting property on Coinbase and has obtained $84.5 million price of USDC from the change in complete.
The embattled lender reportedly nonetheless holds $11.3 million price of property, together with round $8.27 million of its native token VGX.
Lookonchain stories that it additionally holds $1.62 million price of Bitcoin (BTC), $371,000 price of the change token Kyber Community (KNC), $286,000 price of the sensible contract platform Fantom (FTM), $140,000 price of procuring and rewards blockchain platform StormX (STMX), $111,000 price of the play-to-earn blockchain gaming platform Gala (GALA), and round $526,000 price of different property.
Voyager went bankrupt in 2022 after troubled crypto agency Three Arrows Capital didn’t pay again a mortgage price a whole bunch of tens of millions of {dollars}.
Earlier this 12 months, Binance’s US subsidiary tried to amass the property of the embattled crypto lender for a worth of $1.3 billion. Binance.US later backed out of the acquisition, citing regulatory uncertainties within the US.
VGX is buying and selling round $0.15 at time of writing. The 439th-ranked crypto asset by market cap is down practically 4% up to now 24 hours.
Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox
Verify Value Motion
Observe us on Twitter, Fb and Telegram
Surf The Every day Hodl Combine
 
Disclaimer: Opinions expressed at The Every day Hodl usually are not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any loses it’s possible you’ll incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in online marketing.
Generated Picture: Midjourney
