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dYdX faces targeted attack, founder Antonio Juliano reveals


dYdX has recently revealed an intentional incursion on their YFI token market and an intervention into market dynamics. Antonio Juliano, the founder of dYdX, revealed the case and identified the hack’s vulnerability. The dYdX’s team used the $9 million from the dYdX v3 insurance fund...

Nigeria’s Fintech Startup Paystack Cuts Workforce, 33 Employees to Depart


The Nigerian fintech startup, Paystack, will be scaling down its operations outside Africa. In addition, Paystack will part ways with at least 33 employees based in Europe and the United Arab Emirates. Co-founder Shola Akinlade has promised to help affected employees secure new roles elsewhere....

Vitalik Buterin Touts Plasma Technology; OMG Token Briefly Skyrockets 16%


Source: youtube/ VICE News Ethereum founder, Vitalik Buterin, touted emerging Plasma technology in a new blog post this week, prompting the Plasma-supported OMG Network’s native token to skyrocket by 16%. A unique scaling solution “Plasma is a class of blockchain scaling solutions that allow...

Do Kwon’s Appeal in Document Forgery Case Rejected by Montenegro High Court


Disgraced Terraform Labs founder Do Kwon’s appeal in his document forgery case has been rejected by a High Court in Montenegro. Judge finds Kwon’s appeal based on “unfounded” claims According to a statement by the High Court of Podgorica, claims made in the appeal by Do Kwon and his co-conspirator...

Three Arrows Capital Co-founder Kyle Davies Seen in Bali: Report 


Source: Pixabay Kyle Davies, co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital, has reportedly been spotted in Bali while he continues to escape arrest from Singaporean authorities. Images provided to Cointelegraph show Davies with an unknown woman at the Milk and Madu cafe...

Mediation to begin in FTX, BlockFi Case, Judge Rules


In a court filing on November 13th, U.S. bankruptcy judge Michael Kaplan ended an automatic stay on proceedings between bankrupt crypto companies FTX and BlockFi, paving the way for mediation in their claims settlement. BlockFi’s forced bankruptcy FTX founder, Sam Bankman-Fried, was found...

“Sam Coins” Rally Ahead of Potential March Trial, FTX Reboot


Source: a video screenshot, ABC News / YouTube A number of altcoins bankrolled by recently convicted FTX founder, Sam Bankman-Fried, appropriately dubbed “Sam coins,” have continued to rally this week ahead of his potential March trial. With FTT up 200%, altcoins such as serum, maps,...

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