In a shrewd financial maneuver, Dave Inc. secured FTX Ventures' convertible debt at a discounted rate of $71 million. The completion of the deal is subject to court approval, with stringent conditions to prevent alternative transactions. Dave Inc.'s CEO, Jason Wilk, expresses confidence in the move, while FTT, FTX's native cryptocurrency, sees a 15% surge. FTT is currently trading at $2.99.
Cheng YuanUpbit, a major South Korean crypto exchange, now supports ASTR, leading to a notable rise in its value.
EdmundThe new round brings the total raised to more than $80 million.
cryptopotatoHackers got access to CoinTracker users’ email addresses and mobile numbers.
BeincryptoIn the months preceding FTX’s spectacular demise, reports revealed that the crypto exchange secretly diverted some $4 billion in company funds.
decryptA look inside Sam and Caroline’s grab-bag of crypto, etc.
Financial TimesAccording to FTX/Alameda's spreadsheet, the portfolio of FTX/Alameda contains nearly 500 illiquid investments spread across 10 holding companies.
OthersThe latest documents claim that the venture capital arm’s funds were barely tracked.
CoindeskPopular crypto wallet MetaMask has introduced a new dapp that lets users check and manage their entire portfolio at once.
BitcoinistThe team behind Diem, a project launched and abandoned by Meta (formerly known as Facebook), is moving fast with the ...
Bitcoinist