$35.6M Seized From Insolvent Three Arrows Capital’s Bank Account
Teneo is looking to recoup $30 million from the sale of the superyacht “Much Wow.”The founders of Three Arrows used corporate assets to buy a superyacht. The liquidators of Three…
AAX exchange Users in Nigeria gather at Company Office Over Withdrawal ban
The irate crowd, allegedly, asked that a ban on withdrawals since November 12 be lifted. SIBAN pleaded with customers to cease harassing the crypto exchange’s employees.A group of Nigerians who…
Avalanche team up With Alibaba Cloud Offering Validator Support
Alibaba Cloud will be joining as a validator support and infrastructure provider.Alibaba’s plug-and-play infrastructure as a service would make it simple for new parties. Recently, Alibaba Cloud has announced a…
FTX Japan grants Users to Withdraw Their Funds
The funds held in FTX Japan will not be subject to ongoing bankruptcy proceedings in the US. FTX Japan has around $94.5 million in cryptocurrency holdings. The Japanese unit of…
Former President of FTX U.S demands $6 Million to Launch New Firm
Harrison stated on September 27 that he would be stepping down as president of FTX US.This comes a mere month after the very contentious collapse of the FTX exchange.Former FTX…
South Korean Court Dismisses Terra Co-founder’s Arrest Warrant
The Court rejected the prosecutors’ arrest warrant of Terra officials including co-founder Daniel Shin. The court opted to reject the arrest order of people who made illegal profits, as per…
Singapore Court mandate Three Arrows To Submit Vital Documents
Court has demanded affidavits from Three Arrows Capital and its co-founders.The affidavits’ contents may be crucial to liquidators as they try to track down assets.Su Zhu and Kyle Davies, founders…
Binance Burns 6.39 Billion LUNC Tokens in Monthly Burn Cycle
There was a fee associated with the deal that totaled 12.77 million LUNC. In October, Binance burned 13.712 billion LUNC tokens.Binance, the biggest cryptocurrency exchange in the world, has completed…
FTX kind of issue Haunts Yet Another Crypto Trading Firm
Aurus has not yet officially confirmed the issue but M11 Credit assured working on a joint statement. Former FTX CEO Sam Bankman-Fried may have apologized dozen times for the failure…
Larry Fink CEO BlackRock Backs Tokenization of Securities
Fink spoke during an appearance at a New York Times DealBook event. The CEO also discussed the potential of blockchain technology. Tokenization of assets is “the next generation for markets,”…