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3AC founders reveal ties to Terra founder, blame overconfidence for collapse

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Su Zhu revealed the 3AC team had close ties to Terra co-founder Do Kwon, which made them overlook many red flags with the project that eventually led to a multi-million dollar loss for the hedge fund.

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Coin Market

Crypto volatility may spike if US election is ‘too close to call’ —FalconX

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An analyst warns that “volatility” could emerge if the US election results are close, but traders will be relieved once it’s over, giving the market “firmer ground.”

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SafePal launches Telegram crypto wallet with Visa card support

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SafePal’s new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said.

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Mutant Ape NFT ripoff creator to forfeit $1.4M, avoids prison

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Mutant Ape Planet creator Aurelien Michel pleaded guilty to defrauding investors and avoided a prison sentence. 

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