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According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion, including customer claims and various other liabilities. FTX’s $6.8 … Read more
Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the collaboration was a “big deal” and, in comparison with other blockchain announcements that involved … Read more
On Wednesday, non-fungible token (NFT) supporters discovered that NFT metadata hosted on the platform FTX US points to broken metadata, and the links now point to FTX’s restructuring website. Specific collections that were minted on the Solana blockchain via the FTX US NFT platform do not show the NFT’s imagery and marketplace listings on the … Read more
“Filecoin is more than just storage, one can think of it as an Airbnb for cloud services.” Go to Source Powered by WPeMatico
The network downtime affected token transfers and miner rewards, but not devices during the 4-hour outage caused by a failure in the Consensus Group. Go to Source Powered by WPeMatico
An AWS outage sent shockwaves around the crypto industry, Delong left his role as Sushi CTO, and Coinbase opened a cryptography library — all coming to you in this week’s Finance Redefined. Go to Source Powered by WPeMatico
This past summer the American multinational technology company, Amazon, published two job listings for a blockchain lead and a digital currency expert. Now Amazon Web Services (AWS) is looking for a principal digital assets specialist that can “help drive adoption across the global digital asset community.” AWS Is Looking for a Principal Digital Assets Specialist … Read more
Docker, a popular cloud computing integration solution, is making changes to its free-tier service due to cryptocurrency mining abuse. The service discontinued its “autobuild” feature due to misuse by bad actors, using it to mine cryptocurrencies in their servers. This is a modus operandi that is now affecting several cloud continuous integration platforms, including GitHub, … Read more
Alchemy is the platform behind NFT marketplaces OpenSea, Nifty, and many major collections. Go to Source Powered by WPeMatico
Golem price has rallied 230% since the start of February and on-chain data shows an uptick in active addresses and transfers. Go to Source Powered by WPeMatico
