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Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows
25.6.2022
FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors
Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse
22.6.2022
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation...
US Republicans Seek to Counter Effort to Curtail Crypto Mining
21.6.2022
Republican lawmakers in the U.S. are trying to slam the brakes on any hasty decisions the Environmental Protection Agency may consider to address the potential harms from cryptocurrency mining businesses, urging the regulator to study the claims before taking action
Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’
19.6.2022
During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsidiary of DRW, explained that on June 13, the firm saw 30% more volume than the previous...
Tech Experts 'Counter-Lobby' Washington Criticizing Crypto, Blockchain: Report
1.6.2022
A group of tech experts and academics signed a letter to U.S. lawmakers criticizing cryptocurrency and blockchain technology in an effort to counter the lobbying by the crypto industry
Luna Foundation to Lend $1.5 Billion in Bitcoin and UST to Market Makers — Plan Aims to Protect Stablecoin’s $1 Parity
9.5.2022
As crypto markets continue to slide in value, concerns about the algorithmic stablecoin terrausd (UST) losing its $1 parity have swelled in recent times. Two days ago on May 7, 2022, UST dipped down to $0.985 per unit against tether (USDT), and the stablecoin’s price drop invoked a great...
Luna Foundation Acquires $1.4 Billion in Bitcoin, Decentralized Reserve Stash Rises to 80,394 BTC
5.5.2022
According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now holds 80,394 bitcoin in its reserves currently worth just under $3 billion using today’s...
RBA to Release Meeting Minutes to Counter the Strength of the US Dollar
19.4.2022
Forex, short for Foreign Exchange, is when one currency is exchanged for another. The rate for a currency depends on its supply and demand, affecting how much a person pays to secure the other currency. People can exchange their respective currencies for trade, commerce, or tourism. The market...
Portal Writer Wants Valve To Make Next Game Before He's 'Too Old To Work' On It
18.4.2022
Erik Wolpaw, co-writer of the Portal series, would love to work on a third game. There are just a few problems: He’s one developer out of hundreds of staff and he’s not sure that Valve would go for another Portal game’s profit margins.Read more
Goldman Sachs Executes Bank’s First OTC Crypto Transaction Trading a Bitcoin Non-Deliverable Option
21.3.2022
On Monday, the multinational investment bank and financial services company Goldman Sachs disclosed it has conducted an over-the-counter (OTC) crypto transaction with the digital currency firm Galaxy Digital. Following the OTC settlement, the head of digital assets for Goldman Sachs’ Asia...
Goldman Sachs Conducts First Over-the-Counter Crypto Trade With Galaxy
21.3.2022
Michael Novogratz's Galaxy says it's building on the relationship with Goldman as more Wall Street clients seek to push into cryptocurrency trading
GAIMIN Increases Brand Awareness in Esports
18.3.2022
PRESS RELEASE. Zug, Switzerland, 18th March 2022: GAIMIN increases brand awareness in esports. GAIMIN Gladiators are pleased to announce its Rainbow Six Siege esports team, comprising Jolten, Beastly, Sikez, Aero, Foxxee and QrTz, building on its DOTA2, Pokemon Unite, Counter Strike Global...
Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance
15.3.2022
Another decentralized finance (defi) protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance. According to a post mortem Twitter thread published by the security firm Peckshield, Deus lost around...
Report: Israel Defense Ministry Seized Crypto Wallets Holding Hamas-Destined Funds
1.3.2022
Israel’s Defense Ministry seized cryptocurrency wallets holding funds that were destined for Hamas, a report has said. The wallets belonged to businesses that are associated with Al’matchadun currency exchange, which itself is accused of helping to funnel funds to Hamas. Seizure Order...
CSGO Pro Loses Tournament, Gives $33K To The Ukrainian Army Like A Champ Anyway
28.2.2022
Prominent CSGO streamer and pro esports player Aleksandr “s1mple” Kostyliev has donated one million Ukrainian hryvnias (or a little over $33,000 USD) to the Ukrainian army, according to a post on his Instagram Stories. This comes just after s1mple gave an emotional plea for unity during the Intel...
Court Dismisses Lawsuit By Parents Whose Kids 'Gambled' With CSGO Skins
14.1.2022
On January 7, a U.S. federal court dismissed the final lawsuit against Valve regarding the company’s alleged facilitation of what plaintiffs claimed amounts to illegal gambling in CSGO matches. This was the last case in a series of claims brought to the court by parents whose children had purchased...
Binance Turkey fined 8M lira for non-compliance against money laundering
26.12.2021
MASAK found Binance Turkey guilty of violating the Law on Prevention of Laundering Proceeds of Crime, also known as the AML Law
YouTube Has Removed The Dislike Counter
11.11.2021
It was teased back in March, but today YouTube made it official: the platform will be removing the dislike counter, meaning you’ll no longer be able to look at a video and think, gee, this isn’t a very popular video, I’m sure it’s just a bad video and not at all the result of a weaponised fanbase...
Localbitcoins P2P Exchange Launches Mobile App for Android
27.10.2021
Peer-to-peer cryptocurrency marketplace Localbitcoins has announced the launch of a new mobile application for its global user base. The software is designed for devices running on Android. The app has been released in response to a growing number of mobile traders. P2P Crypto Market Localbitcoins...
IMF: Issue CBDCs, Improve Cross-border Payments to Counter Crypto’s ‘Phenomenal Growth’
4.10.2021
a dedicated chapter, and suggested that economic leaders fight back against crypto – by issuing their own central bank digital currencies (CBDCs).In an accompanying blog post, the IMF