Crypto Clash: A $1.53 Billion Bankruptcy Battle Unfolds
In a landmark ruling that underscores the complexities of cryptocurrency bankruptcies, the US Bankruptcy Court for the District of Delaware has granted Three Arrows Capital (3AC) the right to escalate its claim against the now-defunct exchange FTX to a staggering $1.53 billion. This decision marks a significant increase from the initial $120 million claim pursued […]
The Unraveling of Three Arrows Capital: Unveiling FTX’s Involvement
The Unraveling of Three Arrows Capital: A Deeper Dive into FTX’s Role In a startling revelation that has sent ripples through the cryptocurrency community, court documents have disclosed that FTX, the now-defunct exchange, liquidated a staggering $1.53 billion in assets belonging to the crypto hedge fund Three Arrows Capital (3AC) just weeks before its collapse […]
DePIN and AI Open Doors for Crypto Developers
A few months ago, I was on a call with a blockchain developer who was feeling stuck. “I love working in crypto, but I don’t want to spend my life building another DeFi protocol or NFT marketplace,” he told me. Fast forward to today, and he’s leading a team at a DePIN startup, helping decentralise […]