Bankrupt Voyager secures $484.35M for creditor repayments

This secured fund, inclusive of interest, accounts for about 25% of Voyager’s creditors’ aggregate claims and is anticipated to be disbursed shortly.

Bankrupt Voyager secures $484.35M for creditor repayments

Voyager Digital has made significant strides in compensating creditors post-bankruptcy, securing $484.35 million through settlements with FTX, Three Arrows Capital (3AC), and Directors and Offic...

5 months ago

EU Watchdog Warns 90% of Crypto Trading Funneled Through Few Exchanges

MiCA Regulation Yet to Boost Euro Adoption in Crypto

EU Watchdog Warns 90% of Crypto Trading Funneled Through Few Exchanges

The European Union’s (EU) securities regulator warned about the high concentration of trading activity on a limited number of crypto exchanges. Notably, Binance, a single platform, control...

5 months ago

STEPN Launches $30M FSL Points Airdrop Prior to Partnership Reveal

The 100 Million FSL Points Airdrop

STEPN Launches $30M FSL Points Airdrop Prior to Partnership Reveal

The web3 move-to-earn app STEPN has launched a 100 million FSL Points ‘trailblazer’ airdrop campaign ahead of its partnership announcement. According to a press r...

5 months ago

Intent execution network aims to simplify blockchain with $15M investment led by Polychain

The rapid expansion of blockchain technology presents opportunities and challenges in scalability and user navigation within an increasingly fragmented ecosystem.

Intent execution network aims to simplify blockchain with $15M investment led by Polychain

As the blockchain landscape flourishes, scalability and user navigation emerge as significant challenges. DappOS, an intent execution network, secures $15.3 million in Series A funding l...

5 months ago

Paradigm leads $225M funding round for new ‘Solana killer’ L1

Crypto VC Paradigm is leading a $225 million funding round into a new layer-1 as VC interest in crypto investments continues to rise.

Paradigm leads $225M funding round for new ‘Solana killer’ L1

Crypto-focused venture capital (VC) firm Paradigm is leading a $225 million funding round into a new layer-1 blockchain network, which is set to compete for market share with Solana and other to...

5 months ago

Restaking protocol EigenLayer partially launches on Ethereum mainnet

EigenLayer is live on the Ethereum mainnet, but several crucial features are still on the way “later this year.”

Restaking protocol EigenLayer partially launches on Ethereum mainnet

Ethereum restaking protocol EigenLayer, which touts over $13 billion in assets, has launched onto the blockchain’s mainnet, but some key features are still to come and will go live sometim...

5 months ago

US Treasury demands more control over foreign crypto exchanges

The U.S. Treasury is pushing to expand its powers to increase oversight of cryptocurrency service providers, including foreign ones.

US Treasury demands more control over foreign crypto exchanges

Deputy Secretary of State Adewale O. Adeyemo, ahead of the Senate hearing, said malicious actors are constantly looking for new ways to hide identities and move assets. Adeye...

5 months ago

Telegram refutes CertiK’s auto-download security risk claim

Blockchain security startup CertiK said Telegram’s desktop application poses risks to use due to a media auto-download feature, but the social network challenged such claims.

Telegram refutes CertiK’s auto-download security risk claim

CertiK alerted the crypto community to a supposed high-risk vulnerability in images and videos sent on Telegram’s private messaging app. Users were advised to turn off automatic ...

5 months ago

Australian Regulator Appeals Loss in Finder’s Crypto Product Verdict

Regulator Seeks Review Over Finder’s Licensing and Consumer Protection Concerns

Australian Regulator Appeals Loss in Finder’s Crypto Product Verdict

The Australian Securities and Investments Commission (ASIC) is appealing the Federal Court’s dismissal of its case against Finder Wallet’s crypto product, Finder Earn. &ldq...

5 months ago

David v. Goliath: Small language models challenge Big Tech’s AI giants

Community-owned small language model project introduces a framework for incentivized data sharing, aiming to redefine AI development and user interaction.

David v. Goliath: Small language models challenge Big Tech’s AI giants

The debate on whether artificial intelligence (AI) poses a global threat often misses a crucial point: the real danger lies not in AI itself but in its potential monopolization by the ...

5 months ago

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