CLAUDE
Schiff Warns Against Bitcoin ETF Hype as Hoskinson Reacts
Bitcoin critic Peter Schiff warns against Bitcoin ETFs due to limited utility and investment risks, causing Cardano's Charles Hoskinson to respond with humor, highlighting Schiff's early skepticism in 2024.
Binance's MVB Accelerator Program Collaborates with CMC Labs to Launch Innovative Founder Track
Binance's MVB Accelerator Program and CMC Labs are collaborating to launch a new Founder Track, aiming to incubate 100 innovative projects on BNB Chain and support Web3 builders.
Pahdo Labs Secures $15M Series A Funding led by a16z
New York-based game development studio Pahdo Labs has raised $15M in a Series A financing round, with participation from Pear VC, BoxGroup, Long Journey Ventures, Neo, and Global Founders Capital. The company, founded in 2021, focuses on creating multiplayer video games and is launching its upcoming project, "Halcyon Zero," in September. The game, built on the Godot Engine, combines anime aesthetics and action role-playing, allowing players to craft their own worlds.
Shiba Inu's Mysterious Founder Ryo Suzuki Explored
TruthLabs has revealed the founders of Shiba Inu, a meme-based cryptocurrency, as Ryoshi, an anonymous individual, who was an intern at Microsoft at the time.
Polygon Founder Announces POL: Massive Technical Upgrade to MATIC
Sandeep Nailwal introduces the POL token, a technical upgrade to Polygon's ecosystem, revolutionizing multi-chain staking and introducing a new era in token design.
Breaking: Zachary Testa Identified as Pepe Coin Founder Following Price Crash
Zachary Testa, linked to $pepe coin, faces scrutiny after a 20% price drop. Changes in wallet thresholds and a $15.5M transfer to major exchanges like Binance are noted.
Messari Founder Ryan Selkis Launches Advocacy Group in Response to Recent SEC Actions
Following the U.S. Securities and Exchange Commission's (SEC) charges against popular cryptocurrency exchanges Binance and Coinbase, Messari founder Ryan Selkis has launched a new advocacy group named @DFA2024.
NFT Co-Founder Faces Lawsuit Over Crypto Wallet Dispute
Rebase co-founder Edmond Truong is being sued by Krzysztof Gagacki, who claims to be a co-founder of the nonfungible token (NFT) project. Gagacki alleges that Truong misappropriated $2 million into a separate wallet owned and controlled by him without his consent, ousting Gagacki from the firm and causing damage to his reputation.
FTX Control Failures
FTX CEO John Ray III revealed that control failures at FTX were due to a lack of appropriate financial and accounting controls, inadequate group management structure, and the use of software not suitable for large companies. The multi-billion dollar company was managed by inexperienced founders who relied on a hodgepodge of online shared documents and communications.
FTX Founder Allegedly Sought Federal Regulation Before Collapse
FTX founder Sam Bankman-Fried allegedly sought federal regulation for the crypto exchange before its collapse and his resignation as CEO. A leaked email exchange with a top regulator showed Bankman-Fried's intent to meet with the Federal Deposit Insurance Corporation chairman in June 2022.