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Was the Secret Transfer of $4 Billion to Alameda, FTX’s Undoing?
The liquidity crunch facing FTX might have emanated from Sam Bankman-Fried, the crypto exchange's CEO, secretly transferring at least $4 billion to boost Alameda, with part of the funds being customer deposits, according to Reuters.
Per…
Square Enix Announces Symbiogenesis, a Story-Driven NFT Interactive Experience
Square Enix, the Japanese AAA game developer and publisher, announced the launch of a new NFT-based gaming franchise, titled Symbiogenesis. The experience, which will be built on top of Ethereum, will leverage the use of NFTs…
Southeast Asia and DeFi’s Big Bet on the Unbanked
In one of the more striking early scenes from P.T. Anderson’s 2007 film, There Will Be Blood, there is a gas explosion that destroys the drilling rig set up by oil tycoon Daniel Plainview. Noticing one of his employees observing the…