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Sam Bankman-Fried Disputes FTX US 'Shortfall' Claims, Critics Skeptical of Excel Spreadsheet Defense

Sam Bankman-Fried Disputes FTX US ‘Shortfall’ Claims, Critics Skeptical of Excel Spreadsheet Defense – Bitcoin News

[ad_1] Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam Bankman-Fried (SBF) took to Twitter to share a blog post from his Substack newsletter. SBF stated that the presentation published by litigation firm Sullivan & Cromwell is “extremely misleading” and that FTX US is […]

Polygon enlists Xternity to migrate multiplayer Web3 game from Solana

Polygon enlists Xternity to migrate multiplayer Web3 game from Solana

[ad_1] Ethereum layer-2 scaling solution Polygon, joined hands with Xternity, a Web3 gaming development platform, to migrate and onboard a multiplayer Web3 game — Synergy Land — to the Polygon network from Solana. As blockchain platforms, Solana focuses primarily on scalability and cost-cutting, while Polygon allows for seamless interaction with the Ethereum ecosystem. To help […]

2023 is a BUIDL year for crypto gaming

2023 is a BUIDL year for crypto gaming

[ad_1] 2022 was a huge year for the play-to-earn (P2E) gaming scene. An influx of capital and users was followed by a sharp downturn in blockchain game token prices and a decrease in players — and the market is still reeling. And, with fallout from the FTX disaster reaching into every corner of the industry, […]

Crypto

Crypto.com Decides To Let Go 20% Of Its Current Workforce

[ad_1] The crypto industry continues to stagger under a massive wave of layoffs that have been occurring in recent times. Among the recent companies from the sector, Crypto.com has planned on axing 20% of its workforce. The Singapore-based company, Crypto.com, has confirmed its decision via a blog post. According to Co-Founder and CEO Kris Marszalek, […]

Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny

Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny – Bitcoin News

[ad_1] According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solicitation for new capital comes after 3AC co-founders Su Zhu and Kyle Davies were subpoenaed over the social media platform Twitter. Pitch […]

Low Power Optimized Mining of Dynex (DNX) on Windows

Low Power Optimized Mining of Dynex (DNX) on Windows

[ad_1] 15 Jan 2023 There are a lot of GPU-intensive crypto coins out there that can be mined with video cards that unlike ETH/ETC and other memory-intensive algorithms do not require a lot of gigabytes of video memory or a very fast memory access speeds or clocks. One interesting such projects is Dynex (DNX) and […]