FTX Bankruptcy Special Counsel and Advisers Bill $38M for January
FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants, and financial advisers working on the case. Original Source
Read MoreFTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants, and financial advisers working on the case. Original Source
Read MoreBabel Finance, one of many cryptocurrency lending firms shaken by the bear market of 2022, is exploring new restructuring opportunities involving minting a new token.Babel co-founder Yang Zhou is planning to build a new decentralized finance (DeFi) project in order to generate revenue to repay debts owed to creditors, Bloomberg
Read MoreA digital portrait of the two of you togetherA digital portrait of the two of you together can make for a unique and personal NFT gift. There are many artists and studios that specialize in creating digital portraits, and some may even offer the option to have the portrait animated
Read MoreFormer FTX CEO Sam Bankman-Fried, who was remanded to the notorious Fox Hill Prison in Nassau, Bahamas, pending an investigation into the collapse of his exchange, had a different experience than many other prisoners. According to the Financial Times, Bankman-Fried was held in the sickbay where he had access to a
Read MoreCourt filings continue to shed light on the dubious relationship between FTX and Alameda Research, in which the hedge fund was afforded an “unfair” trading advantage as well as unprecedented access to user holdings on the cryptocurrency exchange.The United States Commodities Futures Trading Commission filed a complaint in the Southern District
Read MoreChris Tarbell, co-founder boutique investigative firm NAXO, discusses why the $114 million exploit of Mango Markets was more about market manipulation, rather than hacking. Source
Read MoreThe Ministry of Science and ICT (MSIT) of South Korea revealed plans to move away from imposing traditional video gaming laws on the Metaverse. Instead, the ministry decided to issue new guidelines for incentivizing the growth of the budding ecosystem.South Korea’s interest in garnering Web3 and the Metaverse ecosystems is
Read MoreToday’s financial world is becoming increasingly digitized, and naturally, central banks want to adapt to the changing environment. The use of cash is rapidly declining. Globally, the rise of digital payment apps and COVID-19 have only accelerated the decline in cash usage, fueling interest in digital currencies and demand for
Read MoreAnyone can purchase the newly released NFTiff, but Punk holders who already own one can redeem it for a custom pendant. The trading volume of CryptoPunks, one of the sector's most popular nonfungible token (NFT) collections, increased by 1,847% in 24 hours on Monday. Punk NFTs valued at about $1,226.68
Read MoreAfter LUNA crashed, cryptocurrency is bound to go through a long bear period. As BTC and ETH plunge for days, the assets that crypto investors hold in their wallets rapidly depreciate. Many crypto users have had no choice but to remain inactive as they wait for the next bull. Meanwhile,
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