Michael Egorov, the founder of decentralized finance (DeFi) protocol Curve, has recently settled his loans on the lending platform Aave, reducing his debt position to $42.7 million across other DeFi protocols. According to the on-chain analytics platform Lookonchain, the Curve founder deposited 68 million CRV tokens, worth $35.5 million, to lending protocol Silo and borrowed 10.77 million in the crvUSD…
Hollywood writers have officially ended their five-month strike, one of the longest in the history of the Writers Guild of America (WGA)—just five days short of breaking the record. The WGA released a statement on Tuesday evening, announcing that writers could resume their duties starting just after midnight local time. The union reached a “tentative agreement on a new 2023…
According to a Bloomberg report, the CIA plans to equip its analysts with the new AI tool to better access open-source intelligence. This includes sifting through public information for leads in investigations. Agency officials said they intend to roll out the tool “soon.” Randy Nixon, the director of the division, told Bloomberg that they have gone from utilizing, “newspapers and…
After months of deliberation over compliance with Western sanctions on Russia following the country’s invasion of Ukraine, Binance has finally announced the sale of its Russia regional unit. The exchange sold its Russia business for an undisclosed amount to CommEX, a crypto exchange that officially launched on September 26. The announcement read that the two entities “will partner to inform…
After losing its euro banking partner, Paysafe, Binance France has proposed that its customers should convert all the fiat money they hold on the exchange into crypto immediately, according to comments from an executive to local media. The partnership between Binance France and Paysafe expired on Sept. 25. The latter was supporting Binance’s French subsidiary with infrastructure for euro deposits…
The Writer’s Guild of America (WGA) strike is set to officially end as leaders approved a tentative deal with entertainment studios in Hollywood, part of which includes artificial intelligence (AI) usage in the industry. After nearly five months, the strike, which began on May 2, 2023, was pronounced over at 12:01 a.m. PT Wednesday, Sept. 27, 2023, as reported by…
Despite coming up short of his goal, crypto trader Thomas Kralow said the crypto-funded expedition was all about two things: “Bitcoin and happiness.” Source: https://cointelegraph.com/app/public/index.php/news/crypto-trader-thomas-kralow-bitcoin-trading-journey-united-states
The financial details of the deal remain undisclosed. However, as a full exit from Russia, Binance will have no ongoing revenue split, nor any option to buy bac… Source: https://cointelegraph.com/app/public/index.php/news/binance-fully-exits-russia-with-sale-to-commex
Bankrupt crypto lending firm BlockFi has landed approval from bankruptcy Judge Michael A. Kaplan to start paying back customers based on a new plan. According to the court filing released on Tuesday, the debtors are now tasked with compiling a list, detailing all the creditors. Notably, this list will spotlight the top 50 creditors who did not have secured loans.…
Mixin Network, a decentralized cross-chain protocol, in a message to the hacker behind the $200 million exploit on Sept. 23 has offered a $20 million bug bounty for the return of the remaining funds. Mixin Network encrypted the message with the exploiter transaction requesting the exploiter to return the funds as the majority of the stolen funds were user assets.…
