Genesis’ first hearing in its bankruptcy case is set for January 23. Author: Danny Nelson Source link
Author: Danny Nelson
U.S. Lays Claim to $700 Million of Assets Linked to Bankman-Fried, FTX
Included in the property are over 55 million Robinhood shares worth about $525 million. Bought with borrowed Alameda money, those shares were at the center of a fight between Bankman-Fried, FTX Group and BlockFi. Officials are also moving to claim $171 million in cash from a series of bank accounts linked to Bankman-Fried’s web of companies. Author: Danny Nelson Source link
FTX Hack Sparks Revolution at Serum DEX as Solana Devs Plot Alameda’s Ouster
Lending protocol Solend, Jupiter, automated market maker Raydium, stablecoin swap shop Mercurial Finance and other Solana-based DeFi traders, as well as centralized entities including Phantom wallet, limited their exposure to Serum Saturday morning. They disconnected price data oracles, shut down token trading pools or ceased trading on its central limit order book. Author: Danny Nelson Source link
Polkadot Co-Founder Gavin Wood Steps Down From CEO Role at Blockchain's Builder: Report
Gavin Wood has dropped the title of CEO, according to reports. Author: Danny Nelson Source link
Crypto Exchange Huobi Global to be Acquired by About Capital
The top-10 crypto exchange by volume will have a new controlling shareholder. Author: Danny Nelson Source link
Solana Halted by Bug Linked to Certain Cold Storage Transactions
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‘Tamagotchi on Crack’: Irreverent Labs Raises $40M for NFT Cockfighting Game
Investors are backing a gaming studio whose “MechaFightClub” title is predicated on 6,969 robot chicken NFTs, according to government filings. Author: Danny Nelson Source link
Dorsey Praises Musk's Twitter Buy: 'Elon Is the Singular Solution'
“Taking it back from Wall Street is the correct first step,” Twitter founder and erstwhile CEO Jack Dorsey tweeted Monday. Author: Danny Nelson Source link
Crypto Lender Celsius Says Its CEL Token Faces ‘Regulatory Risks’
“As with other digital assets, CEL is susceptible to a wide variety of risks,” including coin thieves, lost keys, irreversible transactions and failing chains, the clause has read (with minor verbiage shifts) since October. The update places “regulatory risks” up there, too. Author: Danny Nelson Source link
Sanctioned Crypto Wallet Linked to North Korean Hackers Keeps On Laundering
CoinDesk has not been able to confirm when the oracle integration went live. Either way, it only affects Tornado Cash’s front-end, meaning savvy users can still interact with the smart contracts powering the decentralized service. The primary wallet hasn’t attempted to move funds through Tornado Cash since that tweet, but the operators of the sanctioned wallet only seem to send funds once a day. Author: Danny Nelson Source link