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3AC founder has ‘chosen to ignore his duties’ by not responding to subpoena, say bankruptcy lawyers

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According to the filing, Kyle Davies was “without question” aware of the subpoena posted to Twitter, citing the 3AC founder’s online activity and attempts to raise funds for GTX.

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Vancouver mayor plans to introduce ‘Bitcoin-friendly city’ plans

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The proposed plan by Vancouver Mayor Ken Sim for the city’s “diversification of financial resources” suggested an investment in Bitcoin as a reserve asset.

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Coin Market

Stablecoin trading volume surges to $1.8T in November

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Stablecoins trading volume saw a sharp increase, placing monthly volumes on exchanges on track to new highs in 2024. 

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Institutions won't embrace Web3 without privacy options — Web3 exec

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Paradoxically, one of crypto’s biggest selling points keeps institutions from embracing Web3 and distributed ledger technologies.

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