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Latest from Oliver Knight
Decentralized Crypto Exchange dYdX Scraps Promotion Amid 'Liveness Check' Backlash
The exchange wanted to prevent users from farming the promo across multiple accounts, but the promotion also raised questions about decentralization.
Defunct Crypto Exchange Mt. Gox to Set Creditor Repayment Date 'in Due Course'
Creditors have until Sept. 15 to make or transfer a claim.
US Asked Binance for Documents Related to Money-Laundering Probe: Report
The request was made by federal prosecutors in late 2020.
Crypto.com Pulls Plug on $495M Champions League Sponsorship Deal: Report
Regulatory concerns in Europe prompted the firm to scrap the deal.
Crypto Lender Nexo Allocates Additional $50M for Token Buyback Initiative
After purchasing its native tokens, Nexo will hold them in a vesting period for 12 months.
Solana-Based DeFi Protocol OptiFi Loses $661K in Programming Blunder
The platform said it will reimburse all users' funds.
Stablecoin Issuer Tether Dismisses Wall Street Journal's Claim of Inadequate Reserves
The newspaper reported that the firm's assets outweigh its liabilities by just $191 million, implying a relatively "thin cushion of equity."
Crypto Lender Hodlnaut Placed Under Interim Judicial Management by Singapore Court
The Singapore-based lender was placed under interim judicial management, a type of creditor protection, on Aug. 29.
Crypto Exchange Zipmex Appoints Restructuring Firm to Forge Recovery Plan
KordaMentha has been appointed as Zipmex's financial adviser to oversee a recovery plan.
Algorithmic Stablecoin USDN Falls From Dollar Peg as Liquidity Slumps
The stablecoin is currently trading at 91 cents as speculation mounts over its sustainability.
