Orthogonal Trading has defaulted on $36 million of loans on crypto lending protocol Maple Finance after the investing firm's funds became tied up on bankrupt exchange FTX.
The default at one of Maple Finance's key ecosystem players affects some 30% of active loans on the protocol. In response, Map...
The team behind Waves is set to launch a DAO governance framework called Power Protocol that will provide the tools for new or existing DAOs to manage their decentralized organizations.
Power Protocol is a new DAO governance architecture that will launch in January 2023, the announcement stated. The...
Coca-Cola is releasing a set of FIFA World Cup NFTs based on heatmaps of the games played.
The NFTs will be developed and hosted on Crypto.com's NFT platform by GMUNK, a digital artist who previously worked with Nike, DoorDash and musician Grimes.
The 10,000 NFTs were generated by tracking the in-...
Episode 121 of Season 4 of The Scoop was recorded remotely with The Block's Frank Chaparro, and Sam Bankman-Fried, Co-Founder of FTX and Alameda Research.
Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revi...
Who is the Brazilian entrepreneur Luiz Góes
Luiz Góes is a business executive with a specialization in process management, leadership, and business implementation. He has worked in fintech management and has promoted several digital business consultancies. He graduated with a ba...
Last week, Bitcoin covered an 8.3% range before closing the week near $17,100 - about 4.2% higher than the week's opening price.
The altcoin marketcap climbed with Bitcoin, rising from $526 billion to $534 billion.
Keep an eye on these three coins with upcoming events as Bitcoin inches up in an attempt to retest its bro...
Crypto brokerage Genesis owes $900 million to customers of Gemini, the crypto exchange run by Tyler and Cameron Winklevoss.
Parent company Digital Currency Group (DCG), along with Genesis, owes the amount to the customers of the exchange, according to a Financial Times report.
Gemini is attempting ...
Alameda Research, the trading firm closely related to embattled exchange FTX, invested $1.15 billion into crypto miner Genesis Digital Assets.
This was Alameda's and FTX's biggest venture investment and valued the company at $5.5 billion in an April funding round, according to documents obtained by...
The Seoul Southern District Court has dismissed the prosecutors' warrants for arrest of several leading figures in Terraform Labs, according to South Korean news outlet Yonhap.
Prosecutors filed the warrants just two days ago. The highest-profile potential arrestee was Daniel Shin, the CEO of Chai ...
News
02 Dec 2022
Three Arrows Capital liquidators begin taking control of failed hedge fund’s assets
Teneo, the advisory firm overseeing the liquidation of crypto hedge fund Three Arrows Capital (3AC), has taken control of some of its assets, according to a presentation deck obtained by The Block.
The deck, presented by Teneo at a court hearing today in the New York Southern Bankruptcy Court, state...
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