Tuesday, November 19, 2024
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Gala Games co-founders to lock horns in court

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied True North United Investments filed a lawsuit against Web3-based play-2-earn gaming platform Gala Games CEO Eric Schiermeyer, alleging corporate mismanagement, improper use of funds, and questionable business practices. Gala Games play-to-earn gaming platform faces legal battle Schiermeyer co-founded

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Tornado Cash co-founders charged with money laundering, sanctions violations

The United States Treasury’s Office of Foreign Assets Control (OFAC) added Roman Semenov, one of the co-founders of the Tornado Cash cryptocurrency “mixer,” to its list of Specially Designated Nationals and Blocked Persons (SDN) on Aug. 23. Another co-founder, Roman Storm, was arrested by the Federal Bureau of Investigation and

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Futureverse co-founders launch $50M venture fund

Shara Senderoff and Aaron McDonald, co-founders of artificial intelligence and metaverse company Futureverse, have launched a new $50 million venture fund and studio.According to an Aug. 3 announcement, the fund is dubbed “Born Ready” and will invest in emerging technology ventures possessing collaboration potential with either Futureverse or metaverse blockchain

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$50M Web3, Metaverse Venture Fund Started by Futureverse Co-Founders Shara Senderoff, Aaron McDonald

The Born Ready fund will cut checks between $250,000 and $1 million per project, the team told Fortune in an interview. It has already deployed capital into a variety of companies, including high-tech sneaker startup FCTRY Lab, Web3 startup Power’d Digital, and blockchain gaming companies Polemos and Walker Labs. Born

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3AC co-founders’ OPNX exchange onboards FTX, Celsius bankruptcy claims

OPNX, an exchange dedicated to the trading of bankruptcy claims against fallen crypto firms, has listed FTX and Celsius claims.According to the July 14 announcement, FTX claims specifically can be immediately onboarded and converted into collateral in the form of OPNX's native reborn OX (reOX) tokens or oUSD, its credit

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