Cryptocurrency Q&A
Did Binance buy Voyager?
Did Binance buy Voyager?
Giulia
Tue Aug 27 2024
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7 answers
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I'm curious to know if there's been any recent news regarding Binance potentially acquiring Voyager. Could you provide some insight into whether or not this acquisition has taken place? If so, what are the implications of this move for both companies and the cryptocurrency market as a whole? Additionally, what factors might have influenced Binance's decision to make such a move, and what does it mean for the future of Voyager and its customers?
7 answers
lucas_lewis_inventor
Thu Aug 29 2024
Voyager Digital, once a prominent player in the cryptocurrency lending space, was hit hard by the recent market downturn and was unable to meet its financial obligations to its customers.
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DigitalLord
Thu Aug 29 2024
The cryptocurrency market has recently been rocked by news of Binance US's decision to cancel a deal worth $1 billion, which aimed to acquire the assets of Voyager Digital, a now-bankrupt crypto lender.
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Martino
Thu Aug 29 2024
The move by Binance US comes as a surprise to many in the industry, as the acquisition was seen as a potential lifeline for Voyager Digital, which had filed for bankruptcy protection earlier this year.
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JejuJoy
Wed Aug 28 2024
Meanwhile, other cryptocurrency exchanges, such as BTCC, continue to offer a range of services to their customers, including spot and futures trading, as well as wallet services.
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CryptoLegend
Wed Aug 28 2024
With the cancellation of the deal, Voyager Digital is now set to initiate self-liquidation, a process that will involve distributing its remaining assets directly to its customers.
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