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Three Arrows Capital co-founder Su Zhu broke his Twitter silence Tuesday by posting screenshots of an email sent from his legal counsel to legal representatives of Three Arrows' liquidators, alleging that are "baiting" Zhu and co-founder Kyle Davies and ignoring their attempts to work with them in good faith. Source
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According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in revenue.” Furthermore, the reporter claims that Huobi’s co-founder Leon Li is reportedly looking to sell a large stake in the
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Ignatova was the leader and public face of the OneCoin project, which was started in Bulgaria in 2014. Ignatova told investors that the OneCoin cryptocurrency could be mined and had actual value. In reality, however, OneCoin did not exist on a blockchain and Ignatova and her team manipulated its perceived
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Due to the flexibility it offers, I imagine the future of work will move further toward the Web3 model, and this will require leaders to make conscious decisions to foster community and connection with teams. Loneliness is a complex emotion, and whether the work vehicle looks like a project, DAO,
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Binance founder and CEO Changpeng “CZ” Zhao argues that “bad” crypto projects should be left to fail and not receive bailouts from crypto firms with healthy cash reserves. In a Thursday blog post, CZ said that firms that have been poorly operated, poorly managed or have released poorly designed products
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In addition to Terraform Labs and Do Kwon, the suit lists as defendants Definance Capital/ Definance Technologies Oy, GSR/GSR Markets Limited, Jump Crypto, Jump Trading LLC, Nicholas Platias, Republic Capital, Republic Maximal LLC, Three Arrows Capital, Pte. Ltd. and Tribe Capital. Source
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Just two weeks after appearing in an ask me anything (AMA) with Celsius founder Alex Mashinsky, crypto Youtuber Ben Armstrong has announced he intends to file a class action lawsuit against the lending platform and its chief executive. Armstrong made legal threats via Twitter on June 15, and has since
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Cointelegraph's editor-in-chief Kristina Cornèr interviewed Bybit founder Ben Zhou at the Formula 1 Grand Prix at Monaco, discussing topics like educating newcomers in crypto, the effects of the Terra (LUNA) debacle on institutional interest, and the survival of Bitcoin (BTC) amid new developments in the industry. According to Zhou, the firm's
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sponsored The Fair token launch gives its community an equal opportunity to participate in lieu of easy upfront cash from private sales or pre-sale. AFINS fair launch manifesto Richard Fetyko is the CEO and Founder of altFINS, the best crypto trading analytics platform. He worked 14 years on Wall Street in Equity
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Chris Laurent, the founder of the popular-digital horse racing game ZED RUN, envisions a future where people will spend their free time developing their own unique narratives within the Metaverse. This virtual world will contain a mix of gaming, entertainment, and social experiences underneath an overarching storyline, he believes. “My perception
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