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FTX-Linked Wallet Moves $10 Million in Altcoins Ahead of Bankruptcy Hearing


Bankrupt crypto exchange FTX’s Solana wallet has moved $10 million in altocoins to Ethereum network through the Wormhole bridge in the last 4 days, sparking fears of more token dumps in the market.  In a filing submitted the previous month, FTX debtors proposed a structured approach to crypto...

Robinhood to Buy Back SBF’s Stake for Over $605 Million


Online broker Robinhood is going to buy back the stake purchased by a company of crypto exchange FTX founder Sam Bankman-Fried (SBF). The fintech intends to pay $605.7 million for the shares that were transferred to the custody of the U.S. government after the bankruptcy of SBF’s businesses....

Study Shows Fastest Growing L2 Blockchains Adopt Users in Weeks, Not Months


The newest layer two (L2) blockchains are being adopted at record speeds, with some reaching one million users within weeks rather than months, according to a study by Coingecko. L2 Blockchains Hit One Million Users Faster Than Ever, Coingecko Study Shows A layer two (L2) blockchain runs alongside...

DeForm manages to acquire $4.6 million in funding


DeForm, which is a startup engaged in Web3 marketing, has successfully managed to acquire for itself an amount of $4.6 million through seed funding. The lead player in the funding round was Kindred Ventures, along with contributions from Elad Gil, Scalar Capital, and some more companies. DeForm...

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