Crypto exchange WOO Network has reached a settlement to sever ties with bankrupt hedge fund Three Arrows Capital. WOO will repurchase over 20 million WOO tokens and additional shares acquired by the hedge fund during WOO’s series A funding round. The repurchase will be done at an attractive discount, effectively cutting all remaining connections to […]
Former CEO of crypto exchange FTX, Sam Bankman-Fried, was reportedly concerned about various issues leading up to the collapse of the exchange. According to former Alameda Research CEO Caroline Ellison’s personal notes, Bankman-Fried was worried about Alameda’s performance, investing in Snapchat, raising capital from Saudi royalty, and pressuring regulators to crack down on rival exchange […]
Binance, a popular cryptocurrency exchange, has introduced a new feature called “copy trading” that allows users to replicate the trading strategies of successful crypto futures traders. This feature enables “copy traders” to mimic the real-time trading strategies of “lead traders” on the platform. Users can assess the performance metrics of lead traders and customize their […]
Large holders of Ethereum have been reducing their holdings, leading to a decrease in ETH held by whales and big investors. This trend has raised questions about the reasons behind this shift and its implications for the Ethereum ecosystem. It remains unclear whether these holders are simply selling off their assets or if there are […]
Attorney John E Deaton, who is representing Ripple (XRP) investors in a lawsuit against the US Securities and Exchange Commission (SEC), has invested in Bitcoin (BTC) after hearing TV host Jim Cramer’s negative stance on the cryptocurrency. Cramer has a history of making inaccurate predictions about crypto, such as advising to sell BTC at $17,000 […]
VitaDAO, a community-owned project focused on longevity research, has launched its first biotech company called Matrix Biosciences. The project, backed by Pfizer Ventures and Shine Capital, aims to develop groundbreaking treatments for cancer and aging-related disorders. Matrix Biosciences has received an initial funding of $300,000 from VitaDAO, with more funding expected through IP-NFT fractionalization in […]
Visa’s recent investment in generative AI has sparked a transformative shift in the world of commerce and payments. This move has had a significant impact on startups like InQubeta and The Graph, revolutionizing the way they operate and paving the way for future growth.The Graph, a popular blockchain and DApp development community, relies on The […]
Visa’s recent investment in generative AI has sparked a transformative shift in the world of commerce and payments. This move has had a significant impact on startups like InQubeta and The Graph, revolutionizing the way they operate and paving the way for future growth.The Graph, a popular blockchain and DApp development community, relies on The […]
In a recent motion filed by Sam “SBF” Bankman-Fried’s lawyers, they have requested the court’s permission to introduce evidence supporting positive investment outcomes, specifically mentioning an investment in the AI startup Anthropic. This request comes after US prosecutors filed a motion to prevent SBF’s legal team from discussing the recovery of FTX customer funds through […]
Taiwan-based liquidity provider, WOO Network, has reached a significant agreement with Three Arrows Capital (3AC) liquidators, taking a crucial step towards regaining control of its financial future. 3AC filed for bankruptcy in July 2021 due to a financial crisis caused by excessive leverage and the collapse of the $60 billion Terra Luna ecosystem, in which […]
