Three Arrows Capital wants to raise the amount of their lawsuit against FTX to $1.5 billion.
Liquidators of the defunct crypto hedge fund Three Arrows Capital (3AC) are reportedly seeking to amend their claim against FTX, increasing it from $120 million to $1.53 billion. According to Bloomberg, 3AC’s liquidators allege that two weeks before the hedge fund collapsed, FTX liquidated and seized their assets on the platform
Cross-Border Payment Services Are Extended to Oman, Qatar, and Bahrain by Ripple Partner Tranglo
Tranglo, a global leader in cross-border payments, has expanded its services to three new Gulf Cooperation Council (GCC) markets: Oman, Qatar, and Bahrain. This move is expected to bring secure and affordable remittance options to more than 30 million migrant workers in these countries, further supporting the growing demand for
A $1.8 billion lawsuit against Binance is filed by FTX.
The ongoing fallout from FTX’s bankruptcy is stirring significant legal actions, as the company seeks to reclaim substantial financial losses. Recently, FTX initiated a lawsuit demanding $1.8 billion from Binance and its former CEO, Changpeng Zhao. Reports indicate that this legal move aims to address the alleged destabilization of FTX’s finances, purportedly
Block Doubles Down on Bitcoin Mining, Scaling Back Tidal and TBD
Jack Dorsey’s payment company, Block (formerly known as Square), is doubling down on its commitment to Bitcoin following Trump’s win in an election. In its latest quarterly earnings report, the company announced plans to increase its investments in Bitcoin mining and its self-custody wallet, Bitkey. Block shared in its third-quarter
Bithumb Announces Frontier (FRONT) Rebranding and Mainnet Conversion: Suspension of Deposits and Withdrawals
In a significant update, Bithumb, the leading digital asset platform, is implementing a rebranding and mainnet migration for the Frontier (FRONT) token. To ensure accuracy in asset measurements and conduct a seamless token swap for users, deposits and withdrawals of FRONT tokens will be temporarily suspended. This move aligns with
Skip the Fees, Own the Keys: Why $POX Leaves TRON in the Dust!
TRON might have been an early player in the blockchain space, but PolluxChain $POX is redefining the game with a governance model that prioritizes user participation and a fee structure that doesn’t break the bank. For those seeking a blockchain that values its community and provides real ownership, $POX stands
Stake $POX, Stack Energy, and Say Goodbye to Fees-PolluxChain Staking is Next-Level!
Imagine growing your crypto stack while cutting out transaction fees—all simply by staking your $POX tokens on PolluxChain. With a 12% Annual Percentage Rate (APR), staking on PolluxChain transforms passive holding into active earning. But that’s not all. By staking, you’ll gain energy that allows you to make fee-free transactions
The Presidential Election May Cause a Significant 10% Change in the Price of Bitcoin
Market sentiment also hinges on a pro-crypto Trump victory or other macroeconomic factors like Fed rate cuts. Despite its recent volatility, BTC has shown resilience that was supported by institutional interest and potential liquidity from ETFs. However, the stablecoin supply has not yet translated into many major buy-side support for
A trader sees a 12000x profit after purchasing Peanut Inspired Crypto $PNUT for $17.
The world of memecoins witnessed a new sensation as a trader spent nearly $17 (about 0.0983 SOL) to buy approximately 2.46 million PNUT four days ago, only to gain a 12000x profit few days later. Blockchain Intelligence, Onchain Lens wrote on X, “the trader, (under the address 66RfVLjS) started selling PNUT on
Unveiling PolluxChain Energy-Efficient Blockchain: A New Standard in Performance and Cost-Effectiveness
In the fast-paced landscape of cryptocurrency, PolluxChain is setting itself apart by introducing an energy and bandwidth model focused on delivering high efficiency at low cost. This groundbreaking approach allows PolluxChain to combine powerful performance with a reduced operational footprint, benefiting users without compromising on speed or scalability. A Model
