TGT sued the Swiss hedge fund Tyr Capital Partners for ignoring warnings about the impending bankruptcy of the cryptocurrency exchange FTX, writes FT.  The investor claims that between November 7 and November 10, 2022, several times brought to the attention of Tyr’s management information about the probable collapse of the…

The aggregate value of blocked funds (TVL) in EigenLayer-based restacking protocols (LRTs) crossed the $3.5 billion mark, according to Dune. The Block noted a significant increase in deposits in protocols such as Etherfi, Renzo, Kelp, Puffer and Bedrock. “This growth is due to users preferring to use EigenLayer through these…

On February 19, 2024, another hearing was held in the lawsuit of the Crypto Open Patent Alliance (COPA) organization against programmer Craig Wright. During the process, one of the defense witnesses had to justify himself for his previous statement. It is about the CEO of the nChain company Stefan Matthews.…

On February 20, 2024, Humanity Protocol announced its upcoming launch on the Polygon test network. The project team is working on a palm-based user identification technology. This verification method has reportedly been developed in partnership with Animoca Brands and Polygon Labs. The founders of Humanity Protocol note that they want…

On February 19, 2024, the cryptocurrency exchange Coinbase saw a massive movement of bitcoins. CryptoQuant analysts reported the withdrawal of more than 18,000 BTC worth nearly $1 billion. Whales Withdraw Almost $1 Billion in Bitcoin From Coinbase “This substantial withdrawal of #Bitcoin from Coinbase resulted in the funds being distributed…

Web3 gaming studio Crystal Fun has announced the closing of its seed round of funding, in which it managed to raise $5 million. The investors were such counterparties as KuCoin Ventures, Waterdrip Capital, Comma3 Ventures, Stratified Capital, Actoz Soft, aelf, Cypher9 Ventures, Masverse and W Labs. Exciting News! #CrystalFun secured…

The inflow of funds into spot bitcoin-ETFs on the background of capital outflow from gold-based ETPs may be a sign of changes in asset positioning. This is reported by The Block with reference to the head of research at ETC Group Andre Dragosz. The expert believes that bitcoin in the…

Ethereum project co-founder Vitalik Buterin spoke about his attitude to Verkle Trees technology. According to him, it will have a positive impact on Ethereum staking and the network as a whole. I’m really looking forward to Verkle trees. They will enable stateless validator clients, which can allow staking nodes to…

Yuga Labs has announced the acquisition of startup PROOF, the developer of NFT collections PROOF Collective, Moonbirds, Oddities, Mythics and Grails. The announcement said the firm plans to incorporate Moonbirds into its gamified meta-version of the Otherside game. “Moonbirds is a collection with great potential and many brand unifying elements…

The decentralized crypto exchange FixedFloat was hacked and lost $26 million in crypto assets. The project team confirmed the incident. The first reports about the likely attack appeared on February 18, 2024. Some users reported problems with transaction processing and accessing the site. Looks like @FixedFloat just got exploited for…