As for chatter that all or even a majority of BlockFi's assets were held in custody – and therefore tied up for potentially a long time and perhaps even unrecoverable – the company said that is false. BlockFi, however, did acknowledge "significant exposure" in the form of obligations...
Insolvent crypto exchange FTX suffered a $600 million exploit late Friday after filing for bankruptcy protection. Team Valhalla
Bankman-Fried’s exchange and trading firm had purchased a total of 58,086,686 SOL tokens from the Foundation and sister entity Solana Labs from August 2020 onwards, the blog post said. The Foundation said it is unclear what will happen to those assets during bankruptcy proceedings. Team Valhalla
Lawmakers, regulators and criminal investigators are looking into FTX’s collapse, and Sam Bankman-Fried’s tweets aren’t helping. Team Valhalla
“Our management team did a thorough review of asset growth year to date and reviewed every employee’s role and contribution. Like many other companies in our industry, cuts needed to be made and ours were limited to sales and marketing,” Valkyrie CEO Leah Wald told Bloomberg. Team Valhalla
The instinctive reaction, then, familiar to all who have had trust broken, will be to vow to never be that vulnerable again. In finance, we do now have the technology to facilitate a relatively trust-free financial relationship with atomic swaps, transfer monitoring and balance verification. But, just as...
“Figge, Beeple, and the WENEW team have found a way to create a captivating serialized story for Web3, while also managing to tap into the passion people have for their digital avatars and customization,” said Greg Solano, co-founder of Yuga Labs, in a press release. “Storytelling and world-building...
Turkey's Financial Crimes Investigation Agency said it is looking into people, institutions, banks and crypto service providers with ties to FTX.com after its swift collapse last week. Team Valhalla