3AC bankruptcy process faces challenges amid unknown whereabouts of founders
The liquidators claim Zhu Su and Kyle Davies are located in Indonesia and the Emirates, where foreign court orders are...
Day: December 2, 2022
Crypto Community weighs in on SBF’s ‘apology tour’
The former FTX CEO is receiving major backlash for his New York Time DealBook Summit and Good Morning America interviews....
Legal team for 3AC liquidators blast founders for shifting blame to FTX, media blitz amid bankruptcy
In a bankruptcy court hearing, lawyers for 3AC creditors asserted the firm's founders "repeatedly fail to engage" with liquidators, but...
Is Bitcoin the only crypto that will survive FTX? | Interview with Bitcoin maximalist
Bitcoin proponent and author Jeff Booth is convinced that the crypto ecosystem will eventually collapse as a consequence of its...
Biggest Movers: DOT Hits 12-Day High, UNI up for Fourth Straight Day
Polkadot rose to its highest level in nearly two weeks on Dec. 2, despite cryptocurrency markets sliding following the latest...
US Trustee Plans to Appoint an Examiner to FTX Case, While SBF Describes Strange Margin Trading Practices
On Dec. 1, 2022, an attorney for the U.S. Trustee submitted a written letter to Delaware bankruptcy court officials that...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Higher Following US Nonfarm Payrolls Report
Ethereum moved closer to the $1,300 level on Dec. 2, as prices remained near a multi-week high. This comes as...
BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit
Decentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators...
How NFT court summons could change the legal landscape
Blockchain technology is making its way into the court system, with digital summons being served with NFTs. RBB Lab, a...
Bitcoin bulls lie in wait as US dollar strength hits 5-month lows
BTC price performance gains some positive tailwinds, but Bitcoin faces a potential top for U.S. stocks. Bitcoin (BTC) continued to...
How smart contracts can improve efficiency in healthcare
From insurance to telehealth, smart contracts are finding use cases across the healthcare industry. Smart contracts are self-executing lines of...
Animoca creates billion-dollar metaverse fund for developers
The company’s co-founder announced that the fund is still in the works but plans to provide billions to startups with...
Trader allegedly saw over 5000x gains after Ankr protocol hack
Ankr protocol announced that it will be reissuing aBNBc tokens, promising that it will assess the situation and compensate affected...
ApeCoin risks 30% crash after APE staking debut in December
ApeCoin price has rallied 50% in the last three weeks but a sell-the-news event risks wiping out those gains. The...
Thai VC fund acquires troubled exchange Zipmex for $100M: Report
Zipmex reportedly plans to use crypto assets received from the acquisition to unlock frozen customer accounts on the platform by...
