Arkansas Resident Launches Class-Action Lawsuit Against Celsius
Arkansas resident Taylor Goines has filed a class-action lawsuit against Celsius for selling unregistered securities, likening the crypto lender’s operations...
Business
3AC’s founders are nowhere to be found
In the world of crypto, there’s no such thing as “too big to fail.” Three Arrows Capital, once the most...
MakerDAO Adds Société Générale to Its Vaults
Key Takeaways MakerDAO just voted to approve the creation of a real-world asset vault dedicated to Société Générale’s digital asset...
Celsius bankruptcy filings show a company in deep trouble
Celsius’ bankruptcy filing has revealed some unpleasant surprises about the state of the crypto lending platform, including a $1.2 billion...
Pompliano Crypto Recruitment Firm Raises $12.6M in Series A Funding
Influential bitcoin investor Anthony Pompliano has raised $12.6 million in Series A funding for Inflection Points, a crypto-focused recruitment and...
Three Arrows Capital Liquidators Secure Subpoena for Hedge Fund Founders
Liquidators of Three Arrows Capital have successfully petitioned a federal bankruptcy judge to subpoena the hedge fund founders. The motion...
HashKey Reveals New Features for Web3 Users and Devs
Web 3 decentralized identifier QPassport has officially announced to rebrand as HashKey DID. With the aim of developing a long-term...
Ex-Meta Employees Aim to Revive Diem and Build the Next Big Blockchain
Two former Meta employees are developing the Aptos blockchain using Diem’s open-source technology to create an L1 blockchain for enterprises....
Paxos Reveals USDP and BUSD Reserves Challenges Other Stablecoins
Paxos Trust became the first stablecoin issuer to reveal the composition of its reserves for Binance USD (BUSD) and the...
Blockchain.com Loses $270M in 3AC Chaos
Key Takeaways Blockchain.com has lost $270 million to Three Arrows Capital, according to a letter sent to shareholders two weeks...
Elon Musk wants to terminate the $44B Twitter takeover
In an unexpected turn of events, Tesla CEO Elon Musk announced his intention to end the $44 billion Twitter deal...
Bombshell allegations of fraud as KeyFi takes Celsius to court
Staking software and investment firm KeyFi Inc. has filed a complaint against beleaguered crypto-lending firm Celsius, alleging the company had...
FTX Derivatives Play Faces Pushback From Wall Street
Bahamas-based crypto exchange FTX is pushing the Commodities and Futures Trading Commission to grant it a license to offer bitcoin...
Voyager Digital Files for Chapter 11 Bankruptcy
Key Takeaways Voyager Digital has commenced voluntary Chapter 11 bankruptcy proceedings in the Southern District of New York. The company...
Core Scientific sold $167M worth of Bitcoin holdings in June
United States-based cryptocurrency mining firm Core Scientific sold more than 7,000 Bitcoin in June to pay for servers, increase its...
Meta signals closure of Novi wallet after a 10-month pilot
Meta’s first foray into the world of cryptocurrencies is set to end in September with the closure of its Novi...
Meta Platforms to Sunset Down Novi Digital Wallet This Fall
The curtain will fall on Meta Platforms’s embattled stablecoin project after a brief run as a tool for money transfers....
KuCoin CEO Denies Withdrawal Freeze Rumors
Key Takeaways KuCoin is rumored to be facing insolvency issues in the fallout from Three Arrows Capital's collapse. The firm's...
FTX CEO Sets His Sights on Acquiring Distressed Mining Companies Next
FTX billionaire Sam Bankman-Fried is eyeing distressed mining companies as potential acquisitions next after extending a credit line to BlockFi....
A Response to WEB 3 Benefits Debate By WAM
Nowadays we’re facing major paradigm shifts, faster than we could ever imagine. The question is, should we keep up with...
Three Arrows Capital Liquidation Ordered by Court
Teneo Restructuring has been commissioned to manage the liquidation procedure. 3AC has multiple illiquid assets in the form of venture-capital...
ConsenSys Partners With StarkWare – Crypto Briefing
Key Takeaways ConsenSys and StarkWare have entered a partnership. Infura and MetaMask are integrating StarkNet, allowing developers and users to...
