Teneo will host the first meeting of 3AC’s creditors on July 18, sources tell The Block.
The post First meeting of Three Arrows Capital’s creditors to take place on July 18 appeared first on The Block.
Quick Take
- As one of the top 100 crypto projects by market capitalization, Gala Games is a blockchain-based entertainment platform that has diversified its business ventures into three different areas: games, music, and film.
- There are eight components to the Gala Games structure: its proprietary network, project GYRI, GALA token, gaming ecosystem, Gala Store, Gala Music, Gala Film, and Gala Labs.
- There is a great deal of opaqueness concerning its token economy and business model.
Stepn stated that it will also use the funds to bolster security, reduce cheating and expand its team.
The post Stepn to buy back and burn GMT using a portion of its $122 million Q2 earnings appeared first on The Block.
The legal team attempting to recoup funds from Three Arrows Capital have gotten the green light to issue subpoenas for discovery in the investigation.
The post Bankruptcy court judge gives green light to serve subpoenas to 3AC founders for discovery appeared first on The Block.
BlockFi, which at one point held 5% of the supply of GBTC, currently has zero exposure and will no longer accept the product as collateral.
The post BlockFi will no longer accept GBTC as collateral appeared first on The Block.
DeFi lending protocol Morpho has raised a $18 million round led by a16z and Variant via a native token sale in exchange for USDC.
The post a16z and Variant lead $18 million round into DeFi lending protocol Morpho appeared first on The Block.
The venture capital firm says the money will be used to invest in early-stage entrepreneurs all over the world.
The post Lightspeed raises over $7 billion across four funds, launches new ‘crypto native’ team appeared first on The Block.
“Tushar and I are the largest LPs of the fund,” Kyle Samani, cofounder and managing partner at Multicoin Capital, told The Block.
The post Multicoin Capital announces its third crypto fund worth $430 million appeared first on The Block.
Celsius Network has reclaimed a large portion of its collateral deposits that were locked in decentralized finance (DeFi) applications.
The post Celsius takes out $417 million in staked ether from Aave appeared first on The Block.
A new Miami-based crypto venture capital fund called Protagonist has been launched with $100 million in funds.
The post Saber Labs founders launch $100 million crypto fund named Protagonist appeared first on The Block.
