Advertisement     Genesis Global Capital, the crypto lending unit for crypto investment bank Genesis Trading has decided to halt withdrawals in the wake of the FTX col...
Tag: 2.8B
SBF faces investor lawsuit in the US as Australia suspends FTX operations; LFG spent $2.8B on UST peg defense
The biggest news in the cryptoverse for Nov. 16 includes Gemini halting withdrawals on its Earn program, Coinbase saying it has zero exposure to Genesis Trading, and Messari estimating that FTX invest...
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg – Bitcoin News
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the N...
Audit reveals Luna Foundation Guard spent $2.8B to defend UST peg in May
A Nov. 9 technical audit report submitted by JS Held revealed the Luna Foundation Guard spent $2.8 billion to defend UST’s peg between May 8 and May 12. 1/ Today, LFG releases the technical audit repo...
Luna Foundation Guard Spent $2.8B Defending UST Peg, Third-Party Audit Finds
“While there have been multiple recent failures in crypto, it is important to distinguish between Terra’s case, where a transparent, open-source decentralized stablecoin failed to maintain peg parity ...
GameFi Industry Expected to Reach $2.8B by 2028
The growth and adoption of the crypto GameFi business are expected to make the game-earning non-fungible token (NFT) gaming industry reach $2.8 billion by 2028, according to Absolute Reports, a compan...
Liquidators Recover Only $40M of Reported $2.8B Owed by Three Arrows Capital
Liquidators of now-bankrupt crypto hedge fund Three Arrows Capital (3AC) have recovered assets worth around $40 million from the company, Bloomberg reported on Thursday. The figure represents only a s...
3AC allegedly liable for $2.8B in creditor claims
According to Twitter user @DrSoldmanGachs, a self-proclaimed creditor of troubled Singaporean crypto hedge fund Three Arrows Capital (3AC), the now-defunct entity allegedly owes $2.8 billion in claims...
Ethereum Burns 2.5 Million ETH ($2.8B) via EIP-1559 Protocol
Less than a year after its activation, the Ethereum Improvement Proposal-1559 (EIP-1559) has permanently removed nearly $3 billion worth of ETH from circulation. According to recent data from Ultraso...
Massive Burns: Top Investor Buys 2.8B Tron (TRX), 200M Polygon (Matic) And Burn All Of Coins
– Advertisement – Top Investor Buys and then Burns All Of Coins. 74th biggest BNB Whale labeled “Scarlet Witch” Burned Whopping 226.23 Million Worth of TRON (TRX) and $128.34 Million Wor...