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Day: January 16, 2023
We NEED To Stop This IMMEDIATELY… Crypto WON’T Last If This Continues
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Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny – Bitcoin News
According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solicitation for new capital comes after 3AC co-founders Su Zhu and Kyle Davies were subpoenaed over the social media platform Twitter. Pitch Deck Shows Three Arrows Capital Co-Founders Seek New Investment for Crypto Exchange GTX There’s a flurry of reports and screenshots of an alleged pitch deck and website that claim the two 3AC co-founders, Su Zhu and…
A Large Crypto Market Maker Is Already Distancing Itself From New 3AC Venture
The new company is aiming to “lead the global progression towards greater financial transparency, liquidity and certainty” by initially soliciting claimants in the bankruptcies that have shaken crypto to trade their claims on GTX. These bankruptcies include BlockFi, which had lent money to 3AC and itself later went bankrupt, Celsius and FTX, according to the pitch deck. Source
Leading Crypto Tax and Accounting Provider Ledgible Unveils New Design – Press release Bitcoin News
press release PRESS RELEASE. Ledgible, the leading digital asset tax and accounting solution for institutions, professionals, and investors unveils a newly revamped website and interface. Users can now quickly explore the company’s various digital asset solutions, connect with support, register and so much more all in one streamlined ecosystem. The announcement comes just in time for the 2022 US tax season, as tax filers and tax professionals are gearing up for the highest volume digital asset tax filing season ever in the US. Legible offers more than just digital asset…
Will New Interchain Station Wallet Launch Spike LUNC Price, Any Possibility?
After the collapse of the popular blockchain network Terra, developers have been trying to revive it; many reforms have already taken place to sustain the Terra Classic (LUNC and prevent further collapse). Terra Classic, the original blockchain, was forked to create Terra (LUNA). Among these reforms is a recent integration with Interchain Station. The news boosted the Terra Classic (LUNC) price. According to Jared, lead developer at Terraform Labs, more integrations and reforms are coming to Terra soon. The sudden crash of Terra LUNA sent a cascade effect across the…
How crypto tokens (but not Bitcoin) will outperform stocks in 2023 — Arca’s CIO explains
Digital assets will largely decouple from traditional equity markets in 2023, believes Arca chief investment officer Jeff Dorman. Discussing his outlook for 2023 in a recent interview with Cryptox, Dorman argued that as the global economy enters a recession this year, equities will be negatively affected while some cryptocurrencies will perform well. The value of the latter, he explained, is determined not only by macroeconomic factors but also by their utility within their respective ecosystems, which would remain unaltered in a recession. “You’re going to see a lot of stocks…
How crypto tokens (not Bitcoin) will outperform stocks in 2023, Arca’s CIO explains
Digital assets will largely decouple from traditional equity markets in 2023, says Chief Investment Officer at Arca, Jeff Dorman. Discussing his outlook for 2023 in a recent interview with Cointelegraph, Dorman argues that as the global economy enters a recession this year, equities will be negatively affected while some crypto tokens will perform well: the value of the latter, he explained, is determined not only by macroeconomic factors but also by their utility within the respective ecosystems, which would remain unaltered in a recession. “You’re going to see a lot…
Ftx (FTT) Urgent news today || FTT token update today || Crypto market update today || Crypto news
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11th Global Blockchain Congress by Agora Group on March 6th & 7th in Dubai, the UAE
Place/Date: Dubai, The UAE – January 16th, 2023 at 5:20 pm UTC · 2 min read Contact: Agora, Source: Global Blockchain Congress Agora is hosting its 11th Edition of the Global Blockchain Congress on March 6 and 7, 2023 in Dubai, The UAE. The theme of this edition is: “Resiliency and Adaptability”. The Global Blockchain Congress leverages the experience gained through the hosting of the first 10 editions of the event in Dubai to ensure maximum return on investment for all our sponsors. The ten previous editions of the Global…