The Unapologetic Path of 3AC’s Co-Founder Kyle Davies
In an intriguing episode of the Unchained Podcast aired on March 19, Kyle Davies, the co-founder of the defunct Three Arrows Capital (3AC), expressed a lack of remorse over the hedge fund’s bankruptcy. Davies’s stance highlights a stark reality of the business world: failure is an inherent risk, not a moral failing. His comments offer […]
Bitcoin’s Flash Crash on BitMEX: An Unsettling Dive
Bitcoin (BTC) experienced a flash crash on the cryptocurrency exchange BitMEX, plummeting to as low as $8,900. This represented a stark contrast to other exchanges, where Bitcoin’s price hovered steadily above $60,000. The precipitous drop occurred at 22:40 UTC, and within a mere two minutes, Bitcoin’s value had plunged to its lowest point since early […]
Genesis Settles with SEC for $21 Million in Crypto Lending Case
Genesis, a subsidiary of the prominent crypto conglomerate Digital Currency Group (DCG), has reached a notable settlement with the Securities and Exchange Commission (SEC). The agreement entails Genesis paying a substantial $21 million civil penalty to resolve charges without admitting or denying any allegations leveled against it. The genesis of this settlement lies in the […]
AVAX and WIF: Surging Stars in a Quiet Crypto Day
Avalanche (AVAX) and the Solana meme coin, Dogwifhat (WIF), stand out with their remarkable performance. The global cryptocurrency market cap, holding steady at $2.69 trillion, saw minimal changes overall, save for the standout growth of AVAX and WIF. While most top 10 cryptocurrencies experienced negligible movements, Solana (SOL) and Avalanche (AVAX) defied the trend with […]
Bitcoin’s Soaring Expectations Under Binance’s New Leadership
Under the dynamic leadership of Richard Teng, Binance’s newly appointed CEO, the cryptocurrency giant is eyeing an ambitious target for Bitcoin (BTC). Teng shared his optimistic forecast for Bitcoin, projecting it to eclipse the $80,000 threshold by the year’s end. This bullish outlook is not unfounded. With a reduction in supply and an unyielding stream […]
Nyan Heroes Game Secures $3M Funding
9 Lives Interactive, a game studio based in Singapore, has successfully secured $3 million in funding to facilitate the global launch of Nyan Heroes, a unique “hero shooter” game featuring assets minted on the Solana blockchain. This recent funding round, led by Mechanism Capital and supported by a consortium of blockchain-focused investors, marks a significant […]
BSV Plummets After Court Rules Against Wright
Bitcoin SV (BSV) has experienced a significant decline, plummeting by 13% in a single day and further sinking to a 22% drop since a landmark decision by a UK court. The court ruled that Craig Wright, who has claimed to be the pseudonymous creator of Bitcoin, Satoshi Nakamoto, is not the author of the Bitcoin […]
Notcoin Goes All In: $400,000 TON Giveaway Heats Up Clicker Game
Notcoin, known for its addictive gameplay and massive user base, is gearing up for a significant event: the airdrop of its native token on The Open Network. To celebrate this milestone and incentivize player participation, the Notcoin team has unveiled a massive giveaway – a total of 100,000 Toncoin (TON) – worth over $400,000 at […]