On Tuesday, Vermont’s Department of Financial Regulation stated that it believes cryptocurrency lender Celsius Network “deeply insolvent” without the liquidity and assets necessary to fulfill its obligations to customers or other creditors.
Playboy, a lifestyle and entertainment company founded in 1953, announced a licensing partnership with The Sandbox, based on blockchain technology. Both companies explained that the new partnership was designed to offer metaverse visitors a Playboy-themed “social game experience.
Three Arrows Capital has given the green light for the legal team to issue subpoenas to the investigation to obtain further information.
Andreessen Horowitz led the round, Variant participated via native token sales. The DeFi lending protocol Morpho raised $18 million.
Magic Eden, the leading Solana NFT marketplace has created a Web3 gaming investment arm. Magic Ventures is looking to make strategic investments in Web3 and onboard developers via Magic Eden’s infrastructure.
In May, the video-game retailer launched a digital asset wallet ahead of the launch of its service.
According to the crypto exchange, trading will be rescheduled if the market improves.
A Reuters investigation found that Binance continued to operate in Iran despite US sanctions.
Sources tell The Block that Jatin Mazalcar left Vauld last week after the crypto lender stopped withdrawing funds. One source claims that Vauld will send a letter to creditors today.
The platform, which has been in financial trouble for years, continues to pay off its DeFi loans protocols debts. It just paid 20 million USDC to Aave.
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