Justin Sun makes huge moves amid insolvency allegations

Justin Sun, the founder of Tron and advisor at Huobi, moved hundreds of millions of dollars over the past ten days, while negative news around execs circulated. The blockchain security firm PeckShield noted an Ethereum (ETH) wallet address, labeled as… дальше »

1221 +

Google Bard Highlights Tron, Stellar, and Borroe ($ROE) as Ideal Cryptos for Newbies, Here’s Why

AI and human experts predict a price surge for Tron (TRX) in Q3 2023 after its founder made positive moves in the crypto market. Also, Stellar (XLM) launched a platform for newbie blockchain developers to build and scale DApps. дальше »

354 +

FTX founder to face charges over illegal campaign finance scheme

US authorities are preparing to charge FTX founder Sam Bankman-Fried with an illegal campaign finance scheme, per court documents filed on Aug. 8. In a twist to the legal case, the prosecutors plan to file a superseding indictment for the… дальше »

3100 +

Ripple’s XRP is Corruptible and Doesn’t Have Real Adoption, Claims Mark Yusko

Mark Yusko, founder of Morgan Creek Capital Management, debates the adoption and centralization of Ripple's XRP, highlighting its potential in the banking world but questioning its genuine market hold. дальше »

490 +

FTX lawfirm hit with class action over alleged role in FTX cover up

A new class action lawsuit makes severe allegations that high-profile Silicon Valley law firm Fenwick & West actively helped conceal and enable fraud by the collapsed cryptocurrency exchange FTX and its founder Sam Bankman-Fried. дальше »

273 +

This Private Equity legend regrets not buying Bitcoin at $100

Bitcoin has been a terrible investment in the past two years as the price dropped from a record high of $67,000 to the current $29,400. Despite this decline, David Rubenstein, the founder of Carlyle Group, has regrets not buying Bitcoin a decade ago when it was going for less than $100. дальше »

352 +

Sam Bankman-Fried Will Still Face Campaign Finance-Related Charge, Justice Department Says

The U.S. Department of Justice still plans to argue that Sam Bankman-Fried conducted an "illegal campaign finance" scheme when it goes to trial in October, prosecutors said Tuesday, two weeks after saying they couldn't bring a campaign finance charge against the FTX founder due to treaty obligations. дальше »

376 +

SEC Would Have Lost Against DOGE 10 Years Ago, Founder Explains Why

One of Dogecoin creators positive that US regulator would have been unable to win against him in court дальше »

306 +

TRON’s Justin Sun’s Reassures Crypto Community That Huobi Exchange Is Solvent

In a recent development, Justin Sun, founder of popular blockchain Tron, has urged people to disregard speculations that the crypto exchange Huobi is facing severe challenges following news of the alleged detention of some of the platform’s officials. дальше »

358 +

TRON’s Justin Sun Reassures Crypto Community That Huobi Exchange Is Solvent

In a recent development, Justin Sun, founder of popular blockchain Tron, has urged people to disregard speculations that the crypto exchange Huobi is facing severe challenges following news of the alleged detention of some of the platform’s officials. дальше »

320 +

MakerDAO DAI supply gains $200M as interest rate surges to 8%

MakerDAO DAI‘s stablecoin supply increased by $200 million after its interest rate increased by 8% for holders depositing into the protocol. On Aug. 6, MakerDAO’s founder Rune Christensen revealed that Dai Savings Rate (DSR) was paying the high yield rate for the stablecoin holders “at no additional risk. дальше »

352 +

What next as SEC lawsuit sends HEX price plummeting by over 30%

A week after the project's founder was named in a lawsuit, HEX's value dropped by 35%. As many expect a further decline, token sell-offs have increased. HEX's price declined by 35% a week afThe post What next as SEC lawsuit sends HEX price plummeting by over 30% appeared first on AMBCrypto. дальше »

419 +

Bitcoin Payment Firm Block Notches 34% Increase In BTC Revenue This Year

The success of alpha crypto Bitcoin in the second quarter of 2023 was crucial for Block Inc. The payments startup, led by Twitter founder Jack Dorsey, reported outstanding earnings, recording $5. 5 billion in revenue overall. дальше »

316 +

Uniswap (UNI) Founder Apologized for Attempt to Take Down v4 Fork

Uniswap (UNI), most popular multi-blockchain decentralized crypto exchange, tried to delete code of its fork from GitHub open-source development platform дальше »

425 +

Curve Founder Dumping More CRV, DeFi Holders Exit To InQubeta, Joining The Winning Team.

Investors and enthusiasts in decentralized finance (DeFi) are witnessing a momentous event unfold as news of the Curve founder dumping more Curve DAO (CRV) tokens arises. This move by the founder aims to curb his precarious debt crisis, which followed the platform’s hack. дальше »

478 +

Hex loses $500M in market cap after SEC lawsuit; token removed from MetaMask, Uniswap

Hex (HEX) market cap has dropped by nearly $500 million since the U. S. Securities and Exchange Commission labeled it security in its lawsuit against its founder, Richard Heart. On July 31. the SEC charged Heart with conducting an unregistered securities offering with the issuance of HEX in 2018. дальше »

348 +

Baldur’s Gate 3: The Game That Will Have You Calling In Sick, Says Cardano Founder

Baldur’s Gate III, the latest addition to the iconic Baldur’s Gate series, has been making headlines for its gameplay and immersive storyline. But it’s not just gamers who are excited about the game’s potential impact. дальше »

378 +

DOJ pushes for jail for ex-FTX CEO for ‘improperly discrediting’ witness

The U. S. Department of Justice (DOJ) is still insisting Sam Bankman-Fried, the disgraced FTX founder, be jailed pending trial after his counsels conceded that he shared Caroline Ellison’s diary with the New York Times, according to an Aug. дальше »

309 +

Cardano Founder Ends Speculation on Anti-XRP Conspiracy Involvement

Charles Hoskinson denies involvement in so-called ETHGate against XRP дальше »

322 +

Assessing the impact on Aave following Curve founder's deposits

Aave fees jumped as high as $2.64 million. Curve’s founder Michael Egorov reduced his debt while Aave’s TVL fell. Decentralized Finance (DeFi) protocol Aave [AAVE] recorded an incredibleThe post Assessing the impact on Aave following Curve founder's deposits appeared first on AMBCrypto. дальше »

385 +

Sam Bankman-Fried Faces Jail as Justice Department Pushes for Incarceration

FTX founder Sam Bankman-Fried's defense isn't denying that he shared former Alameda Research CEO Caroline Ellison's diary with the New York Times, and so he should be "detained pending trial," the U. дальше »

233 +

Curve Impressively Adds 22% As Founder Sells CRV To Repay Aave Loan

CRV, the governance token of Curve, a decentralized exchange for stablecoins and a key player in the decentralized finance (DeFi) landscape, has impressively recovered, adding 22% after sinking to its August 2023 lows this week. дальше »

378 +

Cardano Founder Blasts US Policies And Crypto Approach After Debt Downgrade

Charles Hoskinson, founder of Cardano and head of Input-Output Global (IOG), took to X, formerly Twitter, to criticize the United States’ economic policies and handling of emerging technologies. дальше »

392 +

Aave Chan Initiative Proposes To Buy $2 Million CRV From Curve Founder

Founder of delegate platform Aave Chan Initiative (ACI), Marc Zeller, has proposed that the Aave Treasury purchases $2 million worth of CRV tokens from Curve founder Michael Egorov.  This proposal comes days after Curve Finance suffered an exploit causing a CRV price decline that has endangered Micheal’s Egorov’s loan positions on various lending protocols. According […] дальше »

417 +

CRV Price Recovers From 6-Month Lows, What’s Driving The Price?

Curve Finance’s native token CRV has recovered from a 6-month low, and many believe that the news of Huobi co-founder Jun Du buying CRV tokens has contributed to it.   Jun Du bought 10 million tokens valued at $4 million from Micheal Egorov, founder of Curve. дальше »

304 +

Swell - A Voyage Into Liquid Staking

Daniel Dizon is the Founder of Swell, an Ethereum liquid staking protocol, backed by Mark Cuban, Bankless, Framework, Apollo, Maven 11, and more. Daniel is actively involved in the DeFi ecosystem as an early-stage strategic advisor and angel investor. дальше »

310 +

Curve Founder Still Owes $80M Despite Raising Nearly $30M in Past Two Days

Michael Egorov is under liquidation pressure following the CRV’s recent price drop and Curve exploit. дальше »

391 +

Curve Founder Raises $42.4M to Pay Off $80M On-Chain Debt

Michael Egorov is under liquidation pressure following the CRV’s recent price drop and Curve exploit. дальше »

204 +

Curve’s founder sells 7.5 million CRV, settles $3 million debt on Aave

Michael Egorov, the founder of Curve, has sold an additional 7.5 million CRV in an over-the-counter (OTC) transaction and paid a $3 million debt in USDT on Aave дальше »

403 +

Huobi co-founder buys 10 million Curve DAO tokens from Curve founder

The Curve founder had taken a $100 million DeFi stablecoin loan using his own CRV stash as collateral. Curve Finance was recently hacked causing the CRV token to depreciate significantly. The Huobi co-founder has locked up the tokens as veCRV. дальше »

368 +

10M CRV Bought by Huobi Co-Founder Lends Hand to Michael Egorov

Jun Du, co-founder of Huobi, has purchased 10 million CRV from Curves founder Michael Egorov for $4 million. This significant transaction was initially heralded on Twitter by Du himself and... дальше »

266 +

Panic or Strategy? CurveFi's Creator Unleashes Torrential Sell-Off

Founder of CurveFi Michael Egorov has initiated staggering offloading of CRV tokens дальше »

311 +

How Japanese Nightclubs Are Revolutionizing NFT Industry: Founder of marumaruNFT Spills All Secrets

Koichi Hatta, founder of marumaruNFT, discusses the unique fusion of Japanese nightclub tradition and the NFT industry's integration with the metaverse дальше »

251 +

Is Curve Out of the Woods? Founder’s Massive OTC CRV Sale Says a Lot

The Curve protocol recently faced two significant challenges: a bug crisis and a CRV liquidity crisis. Journalist Wu Blockchain released a blog on whether the crisis is over. The bug crisis originated from a vulnerability in certain versions of the Vyper language, which led to the failure of reentrancy protection and subsequent theft of funds […] The post Is Curve Out of the Woods? Founder’s Massive OTC CRV Sale Says a Lot appeared first on CaptainAltcoin. дальше »

428 +

FTX Founder Hits Back At Witness Tampering Claims In Letter To Judge

Former CEO of FTX, Sam Bankman-Fried (SBF), has denied allegations of witness tampering after sharing excerpts from his ex-girlfriend’s private diary with a reporter from the New York Times.  The United States Department of Justice (DOJ) has accused Bankman-Fried of leaking the diary of Caroline Ellison, a former colleague, and CEO of sister trading firm […] дальше »

395 +

Why I Don’t Feel Bad for HEX Founder Richard Heart’s Victims

Maybe the SEC can finally convince Hex and PulseChain devotees that they’ve been cheated. дальше »

463 +

Fractional Ownership Will Open Up the Art Market, Says Freeport CEO

An interview with Freeport CEO and founder, Colin Johnson.

The post Fractional Ownership Will Open Up the Art Market, Says Freeport CEO appeared first on BeInCrypto.

373 +

DeFi Protocol Abracadabra Wants to Charge 200% Interest on Curve Founder’s $18M Loan

All proceeds from such a strategy will be kept in Abracadabra’s treasury and be used to reduce the DAO risk associated with the liquidity conditions associated with CRV. дальше »

381 +

U.S. DOJ Has 'Extremely Thin' Basis for Jailing FTX's Bankman-Fried Ahead of Trial: Defense

Attorneys for Sam Bankman-Fried pushed back against the U.S. Department of Justice's motion to remand the FTX founder in a court filing Tuesday. дальше »

424 +

Michael Egorov’s $100 Million Position, A Risk To Curve Finance And DeFi?

Following the recent exploit of Curve Finance pools, there have been genuine concerns about the stability of the decentralized exchange and the Decentralized Finance (DeFi) ecosystem. A new report has emerged, raising questions about Curve founder Michael Egorov’s $100 million loan positions. дальше »

418 +

Liquidation Concerns Subside As Justin Sun, Others Rush To Alleviate Curve Finance’s Possible Bad Debt Fiasco

Curve Finance founder Michael Egorov has bought himself some breathing space after some backers, including Tron founder Justin Sun, stepped in to help after the decentralized protocol suffered a $47 million hack over the weekend. дальше »

416 +

Cardano Founder Champions Superior Transaction Costs Compared to Ethereum

Cardano's founder Charles Hoskinson has reignited the debate on blockchain cost efficiency, underscoring Cardano's financial advantage over Ethereum in transaction costs дальше »

296 +

Video of Richard Heart publicly disparaging SEC resurfaces as securities fraud case moves forward

An old video clip of HEX founder Richard Heart directly addressing the SEC has resurfaced on social media after the regulator filed suit against him on July 31, alleging fraud and unregistered sales of crypto asset securities. дальше »

398 +

Curve liquidation risk poses systemic threat to DeFi even as founder scurries to repay loans

A Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the possibility of a contagion-level event remains. дальше »

642 +

Federal judge dismisses Ripple ruling in Terra case

New York federal judge granted permission to the SEC to proceed with its case against Terraform Labs Pte and its founder, Do Kwon. Judge Rakoff’s decision involved rejecting the differentiation drawn in the Ripple case regarding public and institutional sales… дальше »

985 +

Crucial decision by Judge Rakoff: Terraform Labs case moves forward despite Ripple ruling

385 +

DeFi Died and We Didn’t Even Notice

The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance. дальше »

408 +

Justin Sun, other crypto investors buy CRV token in attempt to help Curve Finance

Following a recent exploit on the decentralized exchange, Curve Finance founder Michael Egorov managed to find an answer to his loan dilemma. Thanks to support from a group of backers, including Justin Sun, the principal value of Egorov’s loan on… дальше »

440 +

Tron partners with turbulent Curve Finance to launch stUSDT pool amid market chaos

The founder of Tron, Justin Sun, has established a strategic partnership with the decentralized finance protocol Curve Finance. This partnership will introduce a stUSDT pool on Curve, marking a significant milestone for both parties. дальше »

352 +

Tron (TRX) Founder Justin Sun Just Purchased 5 Million CRV on OTC

Here's who is buying Curve Finance (CRV) tokens amid dramatic collapse of blue-chip DeFi дальше »

332 +