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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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Ethereum Layer 2 governance platform Arbitrum Foundation has spoken out following the community FUD from its controversial ARB sale. The Arbitrum Foundation is taking heat for offloading 50 million ARB tokens on-chain without community consent. ARB’s value slumped 11% following the sale, with the Foundation explaining it utilized the proceeds in the DAO’s
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The attacker behind a $573,000 exploit on the multi-chain token bridge, Allbridge, has been offered a chance by the firm to come forward as a white hat and claim a bounty.Blockchain security firm Peckshield first identified the attack on April 1, warning Allbridge in a tweet that its BNB Chain
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UBS Group AG, a crypto friendly bank, is reportedly offering to purchase Credit Suisse, a global investment bank, for up to $1b, per details on Mar. 19 . UBS to the rescue The UBS offer comes after BlackRock rejected claims to a deal to salvage Credit Suisse on March 19. UBS is offering
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A meaningful future of fandom in Web3 can mean many things: a culture of loyalty, financial freedom, collective ideals and ownership, shared success and even challenges. While we've come a long way as an industry and community, we still have a long way to go to pave a new path
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Students who finish the course will be given several options for continuing the Bitcoin journey, including the variant to start a full-time job at a renowned Bitcoin firm. El Salvador has come up with a new crypto initiative for its citizens. The Bitcoin Officer has announced a new six-month educational program
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The project has three options: pursue a merger with another crypto project, greenlight its acquisition by another project or sunset its services entirely. Merger offers have come in from Spool DAO and Idle Finance, while DHEDGE and Origin Protocol are eyeing acquisitions of MStable. Source
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At maturity, the options contract is settled over-the-counter with either MEV Capital covering the balance if the liquidity providers' (LP) position has increased in value, or the options desk settling the difference with MEV if the LP position is worth less than the hedged amount, explained MEV Capital chief investment
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The waiving of corporation and sales taxes targets companies that issue digital tokens for investment Original Source
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Through BridgeTower’s regulated marketplace, institutional investors can complete their know-your-customer process, have a delegated, whitelisted wallet, stake their ether (ETH) straight into Lido’s system. BridgeTower’s integration with Lido’s ecosystem is fully automated and allows investors to take advantage of Lido’s staking infrastructure in ways that are consistent with regulatory standards. Source
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