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3AC reportedly owes $2.8 billion in creditor claims
The numbers are probably overstated as much of 3AC's borrowing details remain classified.
According to @DrSoldmanGachs, a self-proclaimed creditor of the now-defunct Singaporean crypto…
Twitter Defeats Elon Musk in the Opening Round, and the Court Orders a Trial in October
Judge Kathaleen McCormick, managing Elon Musk's lawsuit against Twitter, has scheduled a hearing for October.
The board of Twitter has won the first round against Elon Musk, as Judge…
LG enters the metaverse by designing a television for issuing and selling NFTs
Given the metaverse and non-fungible tokens (NFTs) capabilities to provide new and engaging ways for businesses to engage with customers, an increasing number of enterprises are entering…
Celsius Commences Restructuring and Receives Permission for Bitcoin Mining Facility
The mining plan is one of the numerous initiatives that Celsius is doing to stabilise the firm.
Celsius Network has been granted permission to develop a new bitcoin mining plant as its…
Ethereum investment service Lido promises layer-two expansion
Lido Finance, a supplier of crypto staking services, has announced intentions to extend support for staked Ether (stETH) throughout the ecosystem of Ethereum Layer two (L2) networks.
In…
Hacker snatched $375,000 from Premint NFT users
Following the injection of malicious code on Premint's website, a hacker stole 314 NFTs.
CertiK reports that a black hat hacker installed malicious JavaScript code on premint.xyz,…
India’s finance minister discloses RBI intends to prohibit crypto but welcomes global…
India's Finance Minister Nirmala Sitharaman said that the country's central bank is pressing for a ban on cryptocurrencies but that global cooperation is required.
The Economic Times…
Hong Kong Central Bank: Crypto will likely be crucial for the future financial system
Eddie Yue, the chief executive officer of the Hong Kong Monetary Authority (HKMA), has remarked that despite the inadequacies of the cryptocurrency business, it is expected to play a…
The crypto framework of Paraguay is close to becoming legislation
A year has passed since Paraguayan politicians began deliberating on a complete crypto regulatory framework that covers business and trading concerns.
Thursday, the Paraguayan Senate…
Crypto market recovers $1 trillion capitalization
After weeks of gloomy trade, uncertainty, and volatility, things look suitable for the cryptocurrency market, with total capitalization reclaimed the $1 trillion barrier and continuing to…