Co-founders of bankrupt crypto hedge fund Three Arrows Capital (3AC) plan to donate their future earnings from their new venture to creditors who lost money after 3AC went bankrupt last year. Key Points: – Co-founders of 3AC, Kyle Davis and Su Zhu, pledge…
Founders of Bankrupt Hedge Fund Start New Businesses The founders of bankrupt hedge fund 3AC have started two new businesses: a crypto exchange platform called OPNX and a hedge fund called 3AC Ventures. OPNX has attracted investors, with daily trading volumes averaging $34…
Bitcoin (BTC) is analyzed in this report, providing real-time data on its price, volume, bid/ask, day’s range, technical indicators, and moving averages. Here are the key points: Price and Volume Overview: – Bitcoin is currently trading at $31,020.0, with a 24-hour trading volume…
Bitcoin’s Price Surpasses $31,200, Bull Run Potential Bitcoin has exceeded expectations by reaching a remarkable milestone of $31,200 in the second half of 2023. Despite the volatility and challenges faced by the crypto market in 2022, Bitcoin has demonstrated its resilience and ability…
John Deaton Accuses SEC of Double Standards in Crypto Lawsuits On June 9, 2023, John Deaton, the founder of CryptoLaw US, made a significant announcement criticizing the SEC and the crypto exchanges targeted in recent lawsuits. Here are the key points: The SEC,…
Law Firms Bill Millions to Voyager Digital Creditors Law firm charges and payments: – McDermott Will & Emery billed creditors of Voyager Digital $5.1 million for legal services. – The bill brings McDermott Will & Emery’s total compensation to $16.48 million. – Creditors…
BlackRock re-files application for spot Bitcoin ETF, includes Coinbase as surveillance-sharing partner – On July 3, BlackRock, the world’s largest asset manager, re-filed its application for a spot Bitcoin ETF. – The application included a “surveillance-sharing agreement” with U.S. cryptocurrency exchange Coinbase. –…
The Crypto Community Deceived by AI-Generated Fake News of SEC Chair’s Resignation The recent rumors of Gary Gensler’s resignation as the chair of the SEC turned out to be a carefully crafted hoax generated by artificial intelligence (AI). Various smaller crypto news outlets,…
Interest in Metaverse Still Present, Though Severely Reduced Interest in metaverse projects is still present in some investors and venture capital companies that keep pouring millions into these initiatives since the start of 2023. A report published in June by Dappradar, a Web3…
