Liquidators of Three Arrows Capital (3AC) are seeking $1.3 billion from TerraForm Labs Pte., the digital assets company co-founded by Do Kwon. The claim relates to losses 3AC experienced following the 2022 crash of the company’s TerraUSD (UST) and Luna (LUNA) tokens. According to a document filed in the U.S Bankruptcy Court for the District of Delaware on Aug, 9,…
The Ethereum whale deposited 48,500 ETH to a cryptocurrency exchange in just over four weeks, during which Ether’s market cap shed approximately $80 billion. Source: https://cointelegraph.com/news/ethereum-whale-deposits-48-5-k-eth-roi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem. Source: https://cointelegraph.com/news/3-ac-liquidators-file-1-3-b-claim-against-terraform-labs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana price could also rally above $250, catalyzed by the incoming altcoin season, according to Hayes. Source: https://cointelegraph.com/news/bitcoin-70k-ethereum-4k-altseason-solana-250?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
If Bitcoin and Ethereum break above $70,000 and $4,000, respectively, it could set off a “sexy shitcoin soiree” in alts, writes Bitcoin billionaire Arthur Hayes in his new essay. But first, markets will have to navigate the contentious U.S. election. The BitMEX co-founder called Vice President Kamala Harris, the presumptive Democratic nominee, a “first-class political muppet.” But he added that…
BTC price action has a habit of copying gold uptrends — but only after a few months of Bitcoin crab market. Source: https://cointelegraph.com/news/bitcoin-price-3-months-copy-gold-bull-run-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Curve Finance’s CRV token emissions reduced to 162.7 million annually, while Curve DAO earnings surpass emissions for the first time. Source: https://cointelegraph.com/news/curve-finance-reduces-crv-emissions-boosting-dao-sustainability?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Blockchain firm Verofax has teamed up with climate tech startup Netgreen to enhance global reforestation efforts. The partnership aims to create a transparent and efficient way for individuals to support tree-planting initiatives. This collaboration will also help track and measure carbon capture, preventing double counting and ensuring compliance with environmental standards. Linking People to Verified […] Source: https://news.bitcoin.com/verofax-partners-with-climate-tech-firm-netgreen-to-power-global-reforestation-efforts/
The stunt follows presidential candidate Donald Trump’s statement that he wants all the remaining Bitcoin to be “Made in the USA.” Source: https://cointelegraph.com/news/marathon-digital-made-in-usa-bitcoin-blocks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The pilot introduces DBS Treasury Tokens on a permissioned, EVM-compatible blockchain, enhancing corporate liquidity management across multiple markets. Source: https://cointelegraph.com/news/dbs-bank-ant-international-blockchain-treasury-solution?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
