FTX Seeks to Claw Back $700M in Lawsuit Over Alleged Funds Misappropriation and Influence-Building Scheme

According to a lawsuit filed this week with the U.S. Bankruptcy Court for the District of Delaware, FTX lawyers are seeking to claw back $700 million from K5 Global Technology, its subsidiaries, and the firm’s founders. The attorneys allege that the defendants received funds without undergoing any due diligence, and FTX did not obtain “equivalent [...]

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Replacing The U.S. Dollar With Bitcoin: Building The Layers Of Bitcoin Architecture

Deconstructing the layers of Bitcoin’s architecture shows that it already has the structure to replace our fiat system.

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Replacing The U.S Dollar With Bitcoin: Dismantling Fiat Architecture

Using the OSI model helps us understand fiat architecture and how to scale a network like Bitcoin to replace it.

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Unveiling KIP Protocols Connection to Javier Mileis Backed Libra: A Revealing Revelation

After months of speculation, Kip Protocol finally unveiled its collaboration with the renowned economist Javier Milei, who has publicly endorsed Libra. This partnership marks a significant milestone for Kip Protocol as it aims to leverage Milei’s expertise and influence in the financial sector to propel its initiatives forward. Milei’s endorsement of Libra further strengthens Kip [...]

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Integrating TON with Tethers USDt ecosystem through LayerZero: A Seamless Connection

Ton and LayerZero have joined forces to integrate the USDT ecosystem, aiming to enhance the capabilities of both platforms. This collaboration is set to revolutionize the way users interact with USDT and further strengthen the DeFi landscape. With Ton’s innovative technology and LayerZero’s expertise in blockchain solutions, the integration promises seamless and efficient transactions for [...]

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Telegram users report massive outages on messenger app

Telegram has been experiencing massive outages in several countries since around 10:30 am UTC on Oct. 3.

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Mysterious Disappearance of Multichain CEO Sends Shockwaves Through Crypto Community

Four days ago, on May 31, 2023, the cross-chain protocol Multichain announced on Twitter that the team has been unable to locate the firm’s CEO. As a result, controls to several blockchain network routers have been impaired. The project’s native token, MULTI, has experienced a 1% decline in the last 24 hours and a decrease [...]

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