Brussels-based digital asset services firm Keyrock has agreed to acquire certain assets of bankrupt crypto trading and lending company BlockFills for $3.25 million, subject to court and regulatory approval.
At least five crypto firms announced closures or bankruptcy filings this week as prolonged weakness across digital asset markets continued straining revenues, funding and user growth.
LIV Golf is preparing for a potential bankruptcy filing after Saudi Arabia's Public Investment Fund pulled support, casting doubt over the future of a venture that upended professional golf with billion-dollar spending sprees and blockbuster player contracts. Randall Williams reports on Bloomberg Television.
Spirit Aviation Holdings Inc.is winding down operations after the troubled US discount carrier buckled under the weight of surging fuel prices and a government bailout dangled by US President Donald Trump fell through. Bloomberg Intelligence Senior Aerospace, Defense, and Airlines Analyst George Ferguson and Bloomberg News White House Correspondent Jeff Mason join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.
The collapse of Spirit Airlines is cascading through airports across the US, leaving passengers stranded mid-journey and sending rival carriers into rapid-response mode to contain the damage. Airlines for America President & CEO Chris Sununu joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.
President Donald Trump says the federal government was still looking at a rescue plan for Spirit Airlines and would offer a final proposal soon during remarks with reporters at the White House.
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