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Pond0x DEX Touts $100M Volume Amidst Scam Allegations


Decentralized exchange (DEX) Pond0x has reportedly achieved a total trading volume exceeding $100 million despite scam allegations. In a recent post on X (formerly Twitter), the project's official channel referred to a Dune dashboard that displayed over $111 million in all-time trading volume...

Sam Bankman-Fried Trial: A Colossal Legal Showdown Starts Next Week


A calendar has been set for the upcoming trial of United States v. Bankman-Fried, with jury selection beginning October 3, 2023. The FTX founder, Sam Bankman-Fried, was denied temporary release from prison but will be allowed to use an “air-gapped,” internet-disabled laptop...

CFTC Indicts Mosaic Exchange Founder for Running Fraudulent Crypto Operations


The US Commodity Futures Trading Commission (CFTC) has announced a civil enforcement action against a crypto trading platform called Mosaic Exchange Limited and its owner, Sean Michael.  In a press release dated September 27, the CFTC disclosed that the Pennsylvania-based limited liability company...

Former Three Arrows Capital Executive Su Zhu Arrested in Singapore


Su Zhu, a founding member of the now-insolvent Three Arrows Capital, was apprehended in Singapore at Changi Airport on Friday, as per the firm’s liquidator, Teneo. Zhu received a four-month prison sentence for failing to cooperate in the bankruptcy proceedings, Teneo revealed. Crackdown...

Biggest Movers: XRP Hits 1-Month High, SOL Back Above $20


XRP was one of Friday’s notable crypto gainers, rallying to a one-month high earlier in today’s session. Bullish sentiment returned to end the week, with the global market cap trading nearly 1.5% higher as of writing. Solana also surged, moving back above the $20.00 mark. XRP...

IYK secures $16.8 million in a seed round led by a16z


IYK, an acronym for If You Know and a shorter version of IYKYK (If You Know You Know), has said that it has secured $16.8 million in a seed round. The round was led by a16z, its alma mater. Funds raised from the seed round will now be invested to launch the IYK platform and …

APE Price Prediction as ApeCoin Climbs 11% This Week. Heading Back to $2?


The price of ApeCoin (APE) has jumped by 10% in the past 24 hours, with its move to $1.26 today also representing an 11% gain in a week. This makes APE one of the best-performing cryptocurrencies of the past few days, with the governance token starting to compensate for the steep losses it...

Epic Games Cutting 870 Jobs, 16 Percent Of Its Workforce


Epic Games Inc., the company behind global megahit Fortnite, the Epic Games Store, and the wildly popular Unreal Engine, is laying off 16 percent of its current workforce. This report, first coming from Bloomberg’s Jason Schreier, sees almost 900 employees losing their jobs.Read more

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