Business
The embattled exchange is contending that the employees withdrew the total under preferential conditions.
The noted venture capital firm participated in two of the largest fundraises of the past week, including a new startup founded by former a16z crypto execs.
Bitcoin
Bitmain will provide 27,000 bitcoin mining servers to Core Scientific in exchange for $23.1 million in cash and $53.9 million in equity.
A federal judge overseeing the former FTX CEO’s case has granted the DOJ’s motion to exclude testimony from seven expert witnesses.
Binance and its CEO filed a joint motion to dismiss the lawsuit, alleging the securities regulator overstepped its authority.
BTC and most major altcoins spent Thursday in the red, joining equities in a swoon as investors worried over the prospect of at least one more Federal Reserve rate hike.
The studio and blockchain tech startup is led by one of the co-creators of FarmVille.
The USDT issuer, which announced plans to wind down lending last year, showed an increase in lending in a quarterly report.
The Trustee for the defunct crypto exchange had delayed the deadline for repayments by one year.
DeFi
The foundation behind the Layer 2 blockchain said the sale of 116 million OP tokens was for “treasury management purposes.”