In a significant development, US Bankruptcy Judge Michael Kaplan has made a ruling to lift the stay suit, enabling the resumption of trial proceedings in the ongoing legal dispute between cryptocurrency lender BlockFi and failed crypto exchange FTX. According to recent reports, the decision paves the way for BlockFi and …
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WOO co-founder Jack Tan said the repurchase allows the company to move on “without further distractions from the 3AC fallout”. WOO Network has announced its decision to repurchase shares and tokens it sold to defunct Singaporean hedge fund Three Arrows Capital (3AC) back in 2021. The Taiwan-based trading platform and …
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Did the wunderkind artificial intelligence phenomenon, ChatGPT, see it coming? ChatGPT, an AI chatbot, has witnessed significant improvements in performance and usability in a relatively short amount of time. Its impact is already being noticed in many different fields – from bitcoin and blockchain – to the arts and entertainment …
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The problems with Celsius Network and Mashinsky first surfaced in June of last year when the platform abruptly froze withdrawals, leaving users anxious about the security of their cash. The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Alex Mashinsky, the former CEO of bankrupt crypto …
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Amid the continuous downtrend in the non-fungible token (NFT) market trading volume, bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC) has managed to turn its financial misfortune into a remarkable success story. According to a report published by Reuters earlier today, on Friday, Auction house Sotheby’s announced the sale of …
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Indian workforce management firm BetterPlace acquires MyRobin to enter SEA BetterPlace will quickly broaden into Malaysia, Thailand, and Philippines by natural and inorganic methods; MyRobin is a blue-collar workforce fulfilment agency with an outreach of 3M+ staff in 270+ Indonesian cities. Zomato shutters operations in Philippines The event comes ten …
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