Attestor Capital Sues FTX Claim Seller Lemma
Attestor Capital, a leading FTX claim holder, has initiated legal proceedings against Lemma, a seller in the insolvency claims market, after making a 200% profit on the purchased FTX claims stash. The London-based hedge fund Attestor specializes in private equity and distressed assets. In addition to Diameter Capital Partners and Silver Point Capital, the firm […]
Cardano Denies Abandoning Layer-2 Project Hydra
Charles Hoskinson, co-founder of Cardano, has dispelled allegations that it had abandoned the network’s Hydra layer-2 scaling initiative, saying it is just pure FUD. The IOHK CEO confirmed to X on March 18 that the project’s developers had not abandoned it. “I am seeing videos that purport Hydra has been abandoned,” he stated, adding, “That […]
AI Coins Surge 20% Ahead of Nvidia GTC Conference
Nvidia GTC anticipation increases the market for AI coins by 16.8% in 24 hours. RNDR rises 17.4%, while TAO rises 7.5%, making them notable performers. Amid significant developments in the global AI industry, Artificial Intelligence (AI) coins have continued to experience enormous price fluctuations in recent weeks. According to data from CoinGecko , the AI […]
Two Promoters of IcomTech Crypto ‘Ponzi’ to Face 20 Years Jail Term
A New York jury convicted two former promoters of the alleged cryptocurrency mining and trading company IcomTech, both now subject to a maximum sentence of 20 years in prison for their involvement in the “Ponzi” scheme. The two-week trial concluded on March 14 when a jury in a New York District Court found Gustavo Rodriguez […]
Cardano’s Hoskinson Tackles FUD Amidst World Mobile Tie-Up
In a decisive move, Charles Hoskinson confronts the swirling FUD within the Cardano community, reinforcing the blockchain’s robust partnership with World Mobile and its unwavering commitment to interoperability and decentralized progress. Amidst rising concerns and speculation, Charles Hoskinson, the visionary behind Cardano, has stepped up to address the community’s unease. With rumors casting shadows over […]