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Nalezeno "$20 Billion": 2932

Three Arrows Capital Founders Face $1.3 Billion Claim from Liquidators


The founders of the now-bankrupt crypto hedge fund Three Arrows Capital, also known as 3AC, are facing a $1.3 billion recovery claim from the fund’s liquidators. The liquidators, who are also partners at the consulting and advisory firm Teneo, have accused the firm’s co-founders Su Zhu and Kyle...

Under New Leadership, FTX Recoups $7 Billion Amid Recovery Efforts


The new leadership team at FTX has recouped approximately $7 billion in liquid assets as the exchange continues recovery efforts.  The company has revealed that it has made “substantial progress” in securing assets, recovering as much as $7 billion in liquid assets so far. The exchange owed...

It’s Game On for Web3: How Gaming Will Onboard a Billion People


While other industries like entertainment and loyalty programs have the potential to onboard millions of new users into Web3, gaming provides fertile ground for the seeds of mass adoption. Gamers are already familiar with virtual currency and understand how to buy and earn in-game assets. And while...

TUSD Supply Skyrockets With 1 Billion Injection Amidst Decline in Stablecoins


Despite the decline in stablecoins due to substantial redemptions, particularly from projects like USDC, DAI, and BUSD, the project TUSD has experienced a notable surge in its supply. TUSD has added more than a billion dollars’ worth of tokens to its existing supply. As of the present moment...

Reports Indicate Venezuela Is Preparing to Liquidate the Petro


According to reports, the government of Venezuela could be winding down the operations of the petro cryptocurrency. The decision comes after Sunacrip, the Venezuelan cryptocurrency watchdog, was set back by the alleged participation of its former head Joselit Ramirez in a potential $20 billion...

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