Business
The bankrupt firm estimated liabilities between $100 million and $500 million, with the firm’s top five unsecured creditors having claims of around $105 million.
Tech
The new Layer 2 blockchain will be a first of its kind chain dedicated to Web3 gaming products building on Ethereum.
The bankrupt crypto firm plans to send ballots to account holders who will vote on a proposal to restart Celsius as a user-owned company.
A new superseding indictment against the FTX founder includes allegations of violating campaign finance law as part of an existing wire fraud charge.
Bitcoin
Libertarian and pro-Bitcoin advocate Javier Milei triumphs in Argentina’s primary elections. His calls for dollarization and support for cryptocurrencies offer a stark contrast to traditional economic policies in a nation facing soaring inflation.
Hackers took advantage of a vulnerability in the Libbitcoin explorer to secretly drain crypto from thousands of Bitcoin wallets.
DeFi
Blockchain data shows that the hacker has begun to launder the stolen funds through coin mixer Tornado Cash.
Uniswap Labs terminated an employee who removed liquidity from the FRENS meme coin deployed on Base.
Former FTX CEO’s bail revoked by U.S. District Judge following allegations of witness tampering and bond violations.
PayPal’s new stablecoin PYUSD explores alternatives to yield of reserves, amid criticism over design choices. Will it gain adoption?
