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After leaving crypto liquidity firm GSR in 2023, former Millennium and Pimco executives are coming back to crypto by launching a dedicated advisory firm.
The estate argued that Sam Bankman-Fried’s $1.75 billion repurchase deal with Binance in July 2021 was a fraudulent transfer because of FTX’s insolvency.
The Coinbase-backed policy initiative has expanded to Australia in a bid to educate local policymakers on the benefits of blockchain.
With Bitcoin’s all-time high of $81,000, its market cap has surpassed $1.6 trillion, fueling crypto’s ongoing bull market.
FTX and Alameda’s “aggressive legal strategy” highlights the complexity of their financial issues after suing over 20 entities for funds, according to blockchain experts.
Inflows indicate cryptocurrency entering an exchange, reflecting demand, while outflows show funds leaving, signaling selling pressure or profit-taking.
The feature is limited to game-issued assets, but Immutable plans to expand it to IMX, USDC and ETH.
About $180 million in short positions were wiped as Bitcoin hit another new all-time high of $81,358.
“We have more clarity now in terms of the investment landscape after the election,” said the ARK Invest CEO.
The new Ethereum layer 2, Namechain, will make it easier to register names, update records and manage decentralized websites.
