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The term sheet also involves refinancing the outstanding loans where DCG borrowed $500 million in cash and about $100 million worth of bitcoin (BTC) from Genesis, the person said. Included is “an equitization of the infamous 10-year promissory note that DCG gave Genesis in return for failed hedge fund 3AC
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Open-sourcing of the STARK Prover technology will lead to greater developer participation and community collaborations for building dApps on the platform. Blockchain scaling systems StarkWare, which reached an $8 billion valuation last year, is planning to open source its Ethereum scaling system and core cryptographic software tool. The announcement came
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At the Starkware Sessions 2023 event, held at the Cameri Theatre in Tel Aviv, Israel, Starkware co-founder Eli Ben-Sasson informed the audience that the company intends to open source “key tech” linked to the Starknet Prover. During the event, the co-founder of the Ethereum scaling project stated that this marks
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“Every step we take to provide infrastructure, and to make it accessible and decentralized, is a catalyst for devs to build,” StarkWare co-founder and President Eli Ben-Sasson said in a statement at the summit. “And the quicker and more broadly they build, the faster we’ll see mass onboarding to solutions
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Ethereum layer 2 scaling solution StarkWare announced plans to open source its proprietary Starknet Prover under the Apache 2.0 license, which has processed 327 million transactions and minted 95 million nonfungible tokens (NFTs) to date. The prover is the crucial engine Starkware uses to roll up hundreds of thousands of transactions
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Riot Games said that the stolen source code undermines the studio’s ability to release new content. They have refused to pay any ransom to the hackers.Riot Games, the maker of League of Legends, recently confirmed that the source code for the popular game has been stolen. Last week on January
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A former lawyer of Sam Bankman-Fried's bankrupt FTX crypto firm provided details of what he knew about the company's dealings during a meeting with officials of the U.S. Department of Justice (DOJ), the Federal Bureau of Investigation (FBI) and the Securities and Exchange Commission (SEC), Reuters reported, citing a person
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Place/Date: Singapore - December 28th, 2022 at 1:40 pm UTC · 3 min read Contact: Dylan O' Hanrahan, Source: 3HOUSE 3HOUSE, the emerging Web3 investment community, is being developed as a comprehensive source of high-quality investment-related content designed to be a home for Web3 investors. 3HOUSE aims to
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The goal is to fully reactivate customer withdrawals once creditors have approved the plan in a vote. Source
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According to a report, the American singer-songwriter Taylor Swift was allegedly courted by FTX to promote the exchange. Sources say the deal was worth more than $100 million and it was reportedly pushed by the FTX executive Claire Watanabe. Award-Winning Singer Taylor Swift Was Allegedly Courted by FTX Executives A report published
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