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2024-05-14

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Yuga Labs declined to disclose the amount invested in Hadean, but a representative said that it was “meaningful” in the context of Hadean’s previous funding round. The startup last raised $5 million in March, following a $30 million Series A raise in September 2022 that included participation from Fortnite maker Epic Games. 3 reasons why Ethereum price can’t break $2K Forex Game Trading 4 beginners-Apps on Google PlaySam Bankman-Fried reportedly wanted to pay Donald Trump $5 billion to not run for President in 2024. pic.twitter.com/gbpptMUhqP The USDC issuer also plans to launch cross-chain transfer protocol to Polygon to enable interoperability with other blockchain networks. This is set to unlock Polygon-based USDC transfers to and from the Ethereum blockchain.

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“Simply having a high TVL [total value locked] is not a warrant to take a [lion’s] share of the grant,” one DAO contributor wrote under the proposal. Interestingly, this downtrend can also be seen on Google searches for the word ‘metaverse’. Who lost the most Bitcoin?Source: Adobe/Christophe FouquinSu Zhu the founder of bankrupt crypto hedge fund, Three Arrows Capital has been arrested in Singapore while embarking on an attempt to flee according to reports.According to a disclosure made by Teneo, the fund's liquidator, Zhu was detained at the Changi airport on Friday after a committal order was issued on him and his business partner, Kyle Davies.“(Zhu) was apprehended at Changi Airport whilst attempting to travel out of Singapore following a committal order granted by the Singapore Courts against him,” the announcement read. Zhu and Davies were sentenced to four months in prison through a committal order for contempt of court. The former Three Arrow executives were issued subpoenas to cooperate with the investigations and activities of Teneo in unraveling issues that led to the implosion of the fund.Although active on social media in the aftermath of the collapse. Zhu and Davies remain on the run from the firm’s liquidators and authorities. Both men were also prohibited by the Monetary Authority of Singapore from floating regulated investments for nine years.What’s next? For Zhu, his recent arrests mean that he would serve the four-month prison sentence meted out against him. Teneo disclosed in the statement that while serving the sentence, the firm would engage him to recover all possible assets either previous properties of 3AC or property gotten through the sale of user assets.“The liquidators will pursue all opportunities to ensure Mr Zhu complies in full with the court order made against him for the provision of information and documents relating to 3AC and its former investment manager during the course of his imprisonment and thereafter, and may make applications for further court orders as required.”Furthermore, the firm noted that it may seek more court orders against the embattled former chief executive for the benefit of creditors. “Throughout the process, the liquidators' priority has been recovering the assets of 3AC and maximizing returns for its creditors.” The whereabouts of Davies remain unknown to authorities even after a refusal to honor subpoenas by a New York court.Police have issued directives for the arrest of Davies “safely” to serve his four-month sentence. $3 billion dent in the market At the height of its popularity in 2022, 3AC was among the top crypto hedge funds with about $10 billion worth of assets under management. The bankruptcy of the hedge fund was largely linked to negative market conditions sparked by the collapse of the Terra ecosystem and poor management decisions.In May, the duo encountered problems after Dubai’s Virtual Assets Regulatory Authority reprimanded its unregulated OPNX exchange after the collapse of the hedge fund. “VARA is continuing to actively monitor the situation and investigate OPNX's activity to assess further corrective measures that may be required to protect the market.”The firm declared bankruptcy in 2022 and owes investors about $3 billion. Bitcoin Miner Returns 19.8 BTC in Fees After Paxos Claims Payment Mistake Wintermute Boosts Binance Holdings

— Bitget Wallet (Formerly BitKeep) (@BitgetWallet) October 9, 2023 Axie Infinity has announced the launch of Lunalog. It has been defined as a store of information about everything that App.Axie wants to share with its users. For instance, it will help showcase information about the badge leaderboard, Hall of Fame, and axie part/class information. Currency derivatives house of the year: BNP ParibasSouth Korea’s largest crypto exchange, Upbit, has resumed deposits and withdrawals of Aptos (APT) tokens after abruptly halting the service due to a security incident. Spencer Ventures will receive 48 Pudgy Penguin NFTs, visible in the Sotheby’s wallet. One of them has the ultra-rare ice crown, and the best offer for that collectible on OpenSea is 6.6 wrapped ether, or nearly $10,500.

The news comes nearly one year after OK Group rebranded another part of its business, formerly known as OKEx. In December 2022, OKEx announced its transition to “OKX” to become more than just a centralized crypto exchange and capture decentralized finance, nonfungible tokens and Web3. The exchange was founded by OK Group CEO Star Xu in 2017. Students in virtual classrooms can interact with teachers and peers, visit historical locations, and even travel to faraway worlds. Simulations in the metaverse can mimic real-world circumstances for medical training, aviation, and other professional training. The metaverse offers a secure and cost-effective environment for practicing and learning. Binance Australia Stops AUD Bank Transfers as Search for ...Blockworks reached out to members of Trader Joe XYZ’s development team, who declined to comment. "We Came. We Saw. We Researched." That's how Sam Bankman-Fried planned to announce to the world the closure of Alameda Research, according to a draft Tweet thread he wrote in September 2022, revealed as part of evidence given at his ongoing fraud trial.


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