Three Arrows Capital seeks to increase claim against FTX to $1.5B
Three Arrows Capital liquidators seek to revise their claim against FTX from $120 million to $1.53 billion, citing improper liquidation of 3AC assets.
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Curve Finance founder’s $100M debt could trigger a DeFi implosion: Report
Curve Finance founder Michael Egorov has a total of $100 million in debt backed by over 400 million CRV tokens. 374 Total views 6 Total shares While Curve Finance is still weathering the aftermath of a recent $47-million hack, another issue concerning holders of the decentralized finance (DeFi) protocol’s token has surfaced on the internet,…

Fed’s Waller backs regulated stablecoins to boost US dollar’s global dominance
Fed Board Governor Christopher Waller supports regulated stablecoins, as he believes they will help keep the US dollar as a global reserve currency.

The GENIUS stablecoin bill is a CBDC trojan horse — DeFi exec
Centralized stablecoins feature all the hallmarks of a central bank digital currency, including the ability of the issuer to freeze tokens. The recent GENIUS stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency (CBDC) controls through privatized means, according to Jean Rausis, co-founder of the Smardex decentralized trading platform.

Demand is driving the price of Bitcoin to $130K
In any market, whether it is fruit and vegetables or financial assets, prices are determined by the intersection of supply and demand.If tomatoes are scarce due to a flood, with the same demand, the price in the supermarket will inevitably be higher — just as it will be higher if, with the same supply, twice…

VanEck files form 8-A for spot Ether ETF, approval timeline revealed?
Senior Bloomberg ETF analyst Eric Balchunas pointed to VanEck's 8-A filing for its Bitcoin ETF as a clue for the potential launch window of an Ethereum ETF.

Sell the news? ADA price drops 10% following Cardano’s long-awaited smart contracts rollout
The price of Cardano (ADA) fell on Sept. 13 in line with the other top cryptocurrencies despite the completion of its hard fork upgrade dubbed "Alonzo," which introduces smart contract functionality.The ADA/USD exchange rate dropped 10.67% to reach its intraday low of $2.3, partly due to profit-taking sentiment among traders following the pair's 1,200%-plus price rally this year.…

South Korean lawmaker leaves political party amid crypto investment controversy
A lawmaker allegedly sold over $4 million in cryptocurrency prior to the country's enforcement of the "Travel Rule" by the Financial Action Task Force. Kim Nam-kuk, a South Korean lawmaker, has announced his departure from the Democratic Party over his alleged crypto dealings while legislating on digital assets. The politician said that he will continue…

Front-running scams rampant on YouTube with 500% surge in 2022: CertiK
The scam lures victims to download fake front-running bot software that swipes their assets once they try to initiate a transaction. Own this piece of crypto history Collect this article as NFTFront-running scam bots are significantly gaining traction on YouTube, with the number of dubious videos increasing six-fold in 2022 according to a new report…