Liquidators Claim They Can’t Find the 3AC Founders
Liquidators aren’t aware of the whereabouts Su Zhu and Kyle Davies. Grayscale’s legal representative says that the lawsuit by the asset manager against the SEC may take some time to resolve.
Here is why a CryptoPunks NFT Holder Sells at a $7 Million Loss
A very rare CryptoPunks NFT was just sold for $3.3million. This is $7 million less than the seller’s loss when you consider the falling price Ethereum.
Liquidators Make a Move to Secure Three Arrows Capital Assets in Singapore
Three Arrows Capital could have more assets that are sold to creditors if the Singapore High Court approves the liquidator’s request.
Bitbase – A Popular Crypto Exchange Based in Spain Expands in to Latin America
Bitbase, a Spanish crypto ATM and cryptocurrency exchange, announced its expansion to Latam by opening a Paraguay store.
5ire – India Based Blockchain Company Raises $100M in Latest Funding Round
A Indian development company aims to bridge sustainability and blockchain technology using a layer-1 protocol that incentivizes the UN Sustainable Development Goals.
Russia Looks to Give Prison Time for Scammer Sidekicks who help Launder Cash
Russia’s interior ministry has made it clear that they will pursue those who provide money-laundering services for crypto fraudsters. These people are also known as “droppers strong” and will be subject to criminal liability.
Bitcoin Mining Firm Cleanspark Buys over 1,000 Miners at a Discount
Cleanspark, a publicly traded bitcoin mining company, announced on Thursday that it had acquired 1,061 Whatsminer S30S bitcoin mining equipment rigs.
Funding for Blockchain Project Has Declined by almost 23% in Second Quarter
Venture funding in blockchain fell 22% to $9.8 billion this quarter, the lowest level since 2020. The recent decline in crypto’s growth has had an impact on private funding after seven quarters of continuous growth.
New Report From ECB States a Bitcoin Mining ban Will Not be Ruled Out
The European Central Bank (ECB) has released a new report that presents a “deep dive” into crypto financial risk. It calls for appropriate regulation and oversight of stablecoins as well as decentralized finance (defi).
Disney Accelerator Program Selects Polygon, Flickpay, InWorld and more Web3 Projects
The program this year focuses on building the metaverse and augmented reality.
