Business
Former FTX CEO Sam Bankman-Fried claims that information shared by Sullivan & Cromwell (S&C) about a shortfall of funds at FTX US is inherently false.
Whispers about Digital Currency Group’s troubles have continued to make rounds on Twitter this week. While it’s hard to separate fact from fiction, it is worth considering the implications of three possible scenarios.
Kyle Davies and Su Zhu, founders of the now-defunct hedge fund Three Arrows Capital, hope to raise $25 million in seed funding for their new venture “GTX.”
Bitcoin
Here are some of the most important things to watch out for in the upcoming week.
DeFi
Polygon Labs, the entity behind the Polygon blockchain, plans to upgrade its network in a hard fork next week.
Digital Currency Group (DCG) is considering selling some of its assets in light of the billions of dollars its subsidiary Genesis owes creditors.
Former FTX CEO Sam Bankman-Fried has resurfaced on Substack, making a series of claims about the state of FTX and Alameda’s balance sheet before it filed for bankruptcy.
The SEC has alleged that both Gemini and Genesis sold unregistered securities through the Gemini Earn product in a lawsuit filed on Thursday.
El Salvador’s Legislative Assembly has approved the digital asset bill, setting the legal framework for issuing Bitcoin-backed bonds.
The U.S. Department of Justice has launched an investigation into the sibling duo behind Solana’s Saber Labs.