Business
Five major crypto firms are known to have bid on bankrupt crypto lender Celsius Network’s crypto assets, according to leaked bids shared by Celsius creditor Tiffany Fong.
Another revelation in the FTX saga has market participants asking more questions – What is Modulo Capital, and why did Bankman-Fried send the little-known crypto firm $400 million?
Unredacted financials that were accidentally released show that crypto lender BlockFi has far more exposure to FTX and its related entities.
DeFi
A wallet address associated with the Wormhole hack moved $155 million of ETH, the largest movement of stolen funds in recent months.
Bitcoin
Here are some of the most important things to watch out for in the upcoming week.
Genesis has made a series of transfers to crypto exchanges, suggesting that it could be looking to liquidate its assets.
Embattled crypto lender Genesis is negotiating with creditors on the terms of its Chapter 11 bankruptcy filing.
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.”
