FTX bankruptcy estate sues Anthony Scaramucci and SkyBridge Capital
FTX and Alameda Research collapsed in November 2022, causing approximately $8 billion in losses to customers of the now-bankrupt exchange.
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Esports team TSM suspends $210M sponsorship deal with FTX
Professional esports organization Team SoloMid (TSM) (previously TSM FTX) has suspended its $210 million sponsorship deal with the now-bankrupt FTX crypto exchange “effective immediately” following the cryptocurrency trading platform’s shock collapse last week.The United-States-based esports organization made the announcement in a Nov. 16 tweet to its 2.2 million followers, adding that the decision was made after…

Korean university launches metaverse with private student access
The school’s metaverse was built by LG Uplus to cater to tech-savvy college students.

Leak of Facebook’s Internal Q&A Sessions Reveal Early Strategy for Libra
Newly leaked audio from Q&A sessions between Facebook’s CEO and employees has revealed Facebook’s early strategy for Libra's launch.On Oct. 1, tech news site The Verge published audio and text from two internal meetings held at Facebook in July.Along with major topics such as Facebook’s potential breakup by regulators, Mark Zuckerberg devoted a significant part…

Christian music chart-toppers join crypto arena with digital fan token
Selah is offering fans the chance to acquire exclusive merchandise and experiences through its own cryptocurrency. 1117 Total views 1 Total shares Veteran Christian vocal trio Selah launched its own cryptocurrency fan token via the Rally platform on Dec. 1.Followingthe group’s latest album debuting at number one on the iTunes Christian Music chart, the 3CR8…

Are crypto trading bots legit?
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Bitcoin can hit $16K but only if this resistance level finally breaks
A week ago, the market was on shaky ground as volatility went through the roof with massive drops in portfolios seen across the board. However, this past week was relatively boring and stable as the price of Bitcoin (BTC) is now in a narrow range. This narrow range is confusing the majority of traders as it…

KuCoin Labs Launches $100 Million Venture Capital Fund To Empower Early-Stage Metaverse Projects
The world's sixth-largest cryptocurrency exchange by volume is making its move into the metaverse. 2269 Total views 51 Total shares KuCoin Labs, the company behind the world's sixth-largest cryptocurrency exchange by trading volume with more than 500 crypto assets listed, announced on Wednesday that it would be launching a $100 million metaverse fund for early-stage…

Unchanged crypto tax bill will be put to a vote on Tuesday
Senate talks regarding the controversial crypto provisions to the U.S. infrastructure bill have ended without amendment, suggesting the original bill will be voted on come Tuesday. 307 Total views 3 Total shares The provisions aim to raise $28 billion for infrastructure funding through expanded digital asset taxation, and will impose broad third-party reporting requirements on…