According to Forbes, the cryptocurrency market maker Wintermute conducted more than $250 million in UST-LUNA arbitrage transactions during the Terra crash, and capped each transaction at $5 million to prevent large losses, earning a total of tens of millions dollars of profit. Because of Terra's design and the price of Bitcoin, Wintermute can buy UST for $0.80 and exchange it for $1.00 worth of Luna until the UST price drops to about $0.10. Do Kwon, founder of Terra, even lent Wintermute...

According to Forbes, the cryptocurrency market maker Wintermute conducted more than $250 million in UST-LUNA arbitrage transactions during the Terra crash, and capped each transaction at $5 million to prevent large losses, earning a total of tens of millions dollars of profit. Because of Terra's design and the price of Bitcoin, Wintermute can buy UST for $0.80 and exchange it for $1.00 worth of Luna until the UST price drops to about $0.10. Do Kwon, founder of Terra, even lent Wintermute...

According to the New York Post, encryption KOL Tiffany Fong said that he met with former FTX CEO Sam Bankman-Fried (SBF) who was under house arrest on Tuesday, and said that SBF's multiple fraud charges before the trial seemed " Surprisingly optimistic." Tiffany Fong said that the state of SBF is not much different from before. He is aware of the seriousness of his situation (facing up to 115 years in prison). He has repeatedly expressed "regret and remorse".

According to the New York Post, encryption KOL Tiffany Fong said that he met with former FTX CEO Sam Bankman-Fried (SBF) who was under house arrest on Tuesday, and said that SBF's multiple fraud charges before the trial seemed " Surprisingly optimistic." Tiffany Fong said that the state of SBF is not much different from before. He is aware of the seriousness of his situation (facing up to 115 years in prison). He has repeatedly expressed "regret and remorse".

Aave founder Stani Kulechov recently tweeted that the internal testnet of Aave's native stablecoin GHO is progressing smoothly. Aave will launch a GHO public testnet in early January 2023. In addition, Aave will deploy Aave V3 on Ethereum in January.

Aave founder Stani Kulechov recently tweeted that the internal testnet of Aave's native stablecoin GHO is progressing smoothly. Aave will launch a GHO public testnet in early January 2023. In addition, Aave will deploy Aave V3 on Ethereum in January.

Russian financial institutions will not be able to communicate with customers via instant messengers located abroad. In addition, a new law passed by the State Duma also prohibits banks from using chat tools to send personal data and payment documents. While the Federal Supervisory Authority for Communications, Information Technology and Mass Media has not released a list of affected apps, Telegram, Whatsapp, Viber, and others fit the description. Not only banks, but all other financial organ...

Russian financial institutions will not be able to communicate with customers via instant messengers located abroad. In addition, a new law passed by the State Duma also prohibits banks from using chat tools to send personal data and payment documents. While the Federal Supervisory Authority for Communications, Information Technology and Mass Media has not released a list of affected apps, Telegram, Whatsapp, Viber, and others fit the description. Not only banks, but all other financial organ...

According to the official announcement, Free-to-Earn casual chain game Flappy Moonbird announced the completion of a $6 million Series A investment led by LinkVC. This round of financing will be used for the development and production of the Flappy Moonbird series of games and the construction of the game ecosystem. The angel round of financing comes from the personal investment of Moonbirds NFT holders. According to reports, Flappy Moonbird is produced by Helix Table, the studio of French vi...

According to the official announcement, Free-to-Earn casual chain game Flappy Moonbird announced the completion of a $6 million Series A investment led by LinkVC. This round of financing will be used for the development and production of the Flappy Moonbird series of games and the construction of the game ecosystem. The angel round of financing comes from the personal investment of Moonbirds NFT holders. According to reports, Flappy Moonbird is produced by Helix Table, the studio of French vi...

According to Cointelegraph, a spokesperson for Canaan Zhizhi revealed that Canaan Zhizhi’s total revenue in the first nine months of 2022 will be about 4 billion yuan, or about 573 million U.S. dollars. Total annual revenue is expected to reach 4.3 billion yuan ($619 million) as the company expects to generate another 310 million yuan ($46 million) in the fourth quarter. This is down about 14% from Canaan’s RMB 4.9 billion revenue last year. In dollar terms, total revenue is down about 21% fr...

According to Cointelegraph, a spokesperson for Canaan Zhizhi revealed that Canaan Zhizhi’s total revenue in the first nine months of 2022 will be about 4 billion yuan, or about 573 million U.S. dollars. Total annual revenue is expected to reach 4.3 billion yuan ($619 million) as the company expects to generate another 310 million yuan ($46 million) in the fourth quarter. This is down about 14% from Canaan’s RMB 4.9 billion revenue last year. In dollar terms, total revenue is down about 21% fr...

Klaytn, a blockchain platform owned by South Korean Internet giant Kakao, has announced that it will transition to a permissionless validator structure. Klaytn's consensus algorithm will be improved to allow as many validators as possible to participate without compromising network performance. Plans for eligibility, compensation, and penalties for block validators to ensure network stability are also in progress. Klaytn's block validator compensation system will be based on two fac...

Klaytn, a blockchain platform owned by South Korean Internet giant Kakao, has announced that it will transition to a permissionless validator structure. Klaytn's consensus algorithm will be improved to allow as many validators as possible to participate without compromising network performance. Plans for eligibility, compensation, and penalties for block validators to ensure network stability are also in progress. Klaytn's block validator compensation system will be based on two fac...

According to Glassnode data, the number of non-zero addresses in Ethereum reached 91,869,535, a record high.

According to Glassnode data, the number of non-zero addresses in Ethereum reached 91,869,535, a record high.

CoinDCX Ventures, the investment arm of Indian cryptocurrency exchange CoinDCX, plans to deploy 500 crore rupees (about $6.047 million today) in 2023 to invest in scalable platforms, development tools, and DeFi, among others. Rohit Jain, managing director of CoinDCX Ventures, said that he is very optimistic about the Defi field and believes that Defi still has a lot of room for innovation. Earlier in May, Indian encryption exchange CoinDCX launched its investment arm CoinDCX Ventures, which s...

CoinDCX Ventures, the investment arm of Indian cryptocurrency exchange CoinDCX, plans to deploy 500 crore rupees (about $6.047 million today) in 2023 to invest in scalable platforms, development tools, and DeFi, among others. Rohit Jain, managing director of CoinDCX Ventures, said that he is very optimistic about the Defi field and believes that Defi still has a lot of room for innovation. Earlier in May, Indian encryption exchange CoinDCX launched its investment arm CoinDCX Ventures, which s...

According to Fortune, economist and Brandeis International Business School professor Stephen Cecchetti said that cryptocurrencies are like the economy of "World of Warcraft" (a game with 120 million players, although money is involved, but no US federal financial regulators are in charge. oversee World of Warcraft), making it legal through regulation will only hurt the financial system. Since cryptocurrencies do nothing to support the real economy, legalizing them would only drain creative re...

According to Fortune, economist and Brandeis International Business School professor Stephen Cecchetti said that cryptocurrencies are like the economy of "World of Warcraft" (a game with 120 million players, although money is involved, but no US federal financial regulators are in charge. oversee World of Warcraft), making it legal through regulation will only hurt the financial system. Since cryptocurrencies do nothing to support the real economy, legalizing them would only drain creative re...

The Philippine Securities and Exchange Commission has advised domestic investors against using unlicensed cryptocurrency exchanges, Cointelegraph reported. “In light of the recent collapse of a major global cryptocurrency exchange,” warned, “all entities conducting business in the Philippines must register with the Securities and Exchange Commission.”

The Philippine Securities and Exchange Commission has advised domestic investors against using unlicensed cryptocurrency exchanges, Cointelegraph reported. “In light of the recent collapse of a major global cryptocurrency exchange,” warned, “all entities conducting business in the Philippines must register with the Securities and Exchange Commission.”

Encryptionist Hodlonaut tweeted that the Norwegian court has accepted Craig Steven Wright (CSW)'s appeal for a new trial. The new trial will be a full retrial, not just a re-examination of the final verdict. Currently, Hodlonaut has not disclosed a date for the trial.

Encryptionist Hodlonaut tweeted that the Norwegian court has accepted Craig Steven Wright (CSW)'s appeal for a new trial. The new trial will be a full retrial, not just a re-examination of the final verdict. Currently, Hodlonaut has not disclosed a date for the trial.