The brothers had tried to get outside investment, Bloomberg said.
ArkotNews
Do Kwon's Millions Are Not in South Korea, Prosecutors Say: Report
South Korea has requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro.
Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K
Over $145 million in shorts against bitcoin prices were liquidated since early Asian morning hours on Tuesday.
Intel Discontinues Bitcoin Mining Chip Series
The production of the so-called Blocksale chips was announced about a year ago.
U.S. Treasury Warns DeFi Is Used by North Korea, Scammers to Launder Dirty Money
The department's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime.
First Mover Americas: Bitcoin Buckles the Day Before U.S. Jobs Report
The latest price moves in crypto markets in context for April 6, 2023.
AI Will 'Accelerate' the Metaverse, Empower Creators: The Sandbox Co-Founder
Sebastien Borget says artificial intelligence will bring a greater volume of original content to metaverse platforms.
Binance Rejected Justin Sun’s Offer to Buy His Huobi Stake: Source
Binance has no interest in buying Huobi due to its rumored ties to China, according to a person familiar with the situation.
Why Didn’t You Sell the News of Ethereum’s Shanghai Upgrade?
There was not a mass unlock of staked ETH, as some predicted, boding well for Ethereum and liquid staking derivatives.
Ondo Finance Plans Yield-Generating Stablecoin Alternative for Institutional Investors
The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to indirectly access the yield.