Tuesday, November 19, 2024
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Crypto exchange backed by 3AC founders launches with claims trading plans

Su Zhu and Kyle Davies, founders of the collapsed hedge fund Three Arrows Capital (3AC), have announced the launch of the crypto project Open Exchange, or OPNX.Both Zhu and Davies retweeted the April 4 launch announcement from OPNX chief executive officer Leslie Lamb, who said the exchange was open to

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OPNX Exchange, Which Offers FTX Claims Trading, Led by Three Arrows Founders is Now Live

Zhu Su and Kyle Davies, the founders of bankrupt hedge fund Three Arrows Capital, last month teamed with the co-founders of troubled crypto exchange CoinFLEX to create Open Exchange, calling it the "world's first public marketplace for crypto claims trading and derivatives," as CoinDesk reported. Source

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founders should keep 66% of payroll’s ‘worth of cash’ in bitcoin and crypto

American venture capital investor, Tim Draper, has advised company founders to plan and hold at least two payrolls worth of cash in bitcoin (BTC) or other cryptocurrencies. Preparing for the unforeseen  Tim Draper has warned business founders to prepare for “more and more” bank failures if the government keeps printing money and

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Tim Draper recommends founders hold ‘at least’ two payrolls ‘worth of cash’ in crypto

American venture capital investor and entrepreneur Tim Draper advised founders to keep at least two payrolls worth of cash in Bitcoin (BTC) or alternative cryptocurrencies, in response to the uncertainty created by the collapse of Silicon Valley Bank (SVB).In a March 25 report directed at business founders, Tim Draper stated

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Regulatory Pressure Did Not Shut Down Ethereum Privacy Tools zk.Money, Aztec Connect, Founders Say

In March 2021, Aztec launched its first product – zk.money – a basic software for private transactions on the Ethereum blockchain. In July 2022, a sister product, Aztec Connect, was launched. Both products will be shut down simultaneously, Aztec said. As of Friday, Aztec Connect had little over $20 million

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Founders of Multimillion-Dollar Global Crypto Ponzi Scheme ‘Airbit Club’ Plead Guilty – Regulation Bitcoin News

The founders and promoters of multimillion-dollar cryptocurrency Ponzi scheme Airbit Club have pleaded guilty to various criminal charges. Airbit Club victims were promised “guaranteed daily returns on any membership purchased,” the U.S. Department of Justice (DOJ) detailed. Airbit Club’s Operators and Promoters Plead Guilty The U.S. Department of Justice (DOJ) announced Wednesday

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