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MoviePass, Parent Helios Seek Bankruptcy Protection

Helios and Matheson Analytics, the parent company of MoviePass, said on Wednesday (Jan. 29) that both companies and their affiliates have filed for Chapter 7 bankruptcy. In a filing with the Securities...

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Silvergate Eyes Pearly Gates as Crypto Bank Shuts Down and Liquidates  

One crypto bank is no more — and one wonders what’s next for the crypto banking business model itself.  To that end, Silvergate Capital said Wednesday night (March 8) that it would wind down operations...

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Silvergate Capital’s President and CFO to Depart

According to a U.S. Securities and Exchange Commission filing released Tuesday (Aug. 15), the chief executives of failed Silvergate Capital are leaving the company. Silvergate Capital President and...

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Genesis’ New Bankruptcy Plan Draws Ire of the Feds

Genesis has altered its bankruptcy plans, and that doesn’t sit well with the federal government. The crypto lender said in a filing last week that it wants to liquidate its assets instead of...

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Zulily’s Last Checkout: The Retail Road to Its Online Closure 

Online retailer Zulily is calling it quits.  In the latest update from PYMNTS regarding Zulily, once navigating the choppy waters of a fiercely competitive sea, has disclosed its intentions of...

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