FTX debtors and UCC clash over asset control in restructuring
FTX strongly criticized the UCC’s pursuit of asset control, recommending that debtors allocate nearly $2.6 billion from cash reserves into...
Blockchain
Another Fantom project winds down citing Multichain exposure
Over $1.5 billion of users' and enterprises' assets were held on Multichain prior to the arrest of its CEO Zhaojun...
Coinbase begins $150M debt buyback at 36% discount
The cryptocurrency exchange's 2031 Senior Notes, which have a coupon rate of 3.625%, have $1 billion in outstanding principal.
Breaking: PayPal launches PYUSD stablecoin for payment
Payment processing giant PayPal launched crypto payments in 2020 and has since been actively involved in the sector.
XRP price disappoints after court ruling, Deaton remains optimistic
While the pro-XRP lawyer didn’t anticipate XRP reaching a new all-time high after the ruling, he did expect the price...
What is Hooked Protocol, and how does it work?
Hooked Protocol is a gamified on-ramp layer hosting learn-and-earn projects that also facilitates onboarding onto Web3. Find out about the...
Users said CertiK’s warning was a false alarm — then the project rugged
“Don’t shoot the messenger,” said the messenger before dying in a flurry of bullets fired from the barrels of angry...
Web3 Gamer: Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take
Instagram CEO Zuckerberg’s $40B metaverse losses, AI-powered NFT RPG on Discord, new Web3 eSports platform and a hot take on...
KuCoin suspends Bitcoin and Litecoin mining pools
"We deeply regret any inconvenience this might cause and we remain grateful for your unwavering support and understanding," the exchange...
SushiSwap furthers cross-chain functionality with Core integration
SushiSwap brings liquidity pools, cross-chain swaps and its DEX aggregator to the Core blockchain ecosystem.
Pro-XRP lawyer claims SEC prioritizes corporate capitalism over investors
John Deaton believes the unequal treatment raises concerns about the regulatory body’s effectiveness and fairness, as well as the overall...
Another week of DeFi hacks, but ZK-proof development heats up: Finance Redefined
The total value locked in DeFi protocols remained below $50 billion after another week of exploits.
6 Questions for Simon Davis of Mighty Bear Games
Mighty Bear Games CEO Simon Davis — AKA “Papa Bear” — gave us a look inside his Web3 gaming studio,...
99-year-old Hungarian artist’s computer generated NFTs sold for $1.2M
Vera Molnár pioneered the use of computer-generated art in the latter half of the 20th Century.
EOS Foundation to sue Block.one for alleged failure to honor $1B commitment
Potential plaintiffs in the new lawsuit by ENF may need to opt out of other suits against Block.one to be...
