us

FTX Trading Bankruptcy: Protecting Your Company’s Interests.

Zuber Lawler is representing entities who received investments from Alameda Research and FTX Ventures. Alameda Research and several other FTX-related entities have filed bankruptcy proceedings in Delaware. These multiple filings are all being administered under one matter, In re FTX Trading, USBC Case No. 22-11068. Most first and second day motions have been heard and either have been granted or are currently pending. Things are moving forward. On January 18, 2023, FTX debtors moved for an order authorizing and approving procedures for a sale or transfer of what they have

Paribus. After the storm.

If the global financial system is an ocean and the ships on it represent the different markets, crypto would be the equivalent of a small boat tossed around by the storms we’ve experienced this year. Whatever happens with the development of the technology it’s impossible to avoid the effects of global shifts as we saw last week with the Federal Reserve’s latest rate hike. Even though the news from the Fed was exactly what markets had anticipated and priced in, the response was turbulent which caused more moves to the

The Central Problem

The black swan events of LUNA and FTX that have so far characterized crypto in 2022 left many in the space wondering how we got here. What began as a quiet revolution focused on decentralization and financial sovereignty has been corrupted by greed and the centralization of power and control. If crypto has any hope of a future it can only be found in reaffirming the central tenets of decentralization and financial sovereignty. While the media claim these problems are the fault of a lack of regulation it’s worth considering

Organized Chaos

This week saw another round of interest rates hikes by central banks to try and control inflation. With all the talk of a potential pivot in monetary policy, interest rates continued their parabolic rise by 75 basis points in the UK, and the US. Initially the Federal Reserve’s announcement of a 0.75% interest rate increase caused markets to jump because this was the rise they’d been expecting and had already priced in. However, in the subsequent press conference the tone was more hawkish which caused the markets to drop a

ING spins out Pyctor digital assets technology to GMEX Group

Leading fintech provides regulatory compliant digital assets network & custody technologyStrengthens GMEX’s MultiHub platform, integrating traditional and decentralized finance London and Amsterdam, 11 July 2022 - ING announced today that it has spun out Pyctor to GMEX Group (‘GMEX’), a leader in digital business and technology solutions for exchanges and post-trade market infrastructure. Pyctor’s digital post-trade market infrastructure technology is designed for firms operating in regulated environments. It provides highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between

SCCG Management and SMS Hospitality bring Gamerwager Licensed Peer to Peer Console Esports Wagering to the US

LAS VEGAS, NV, UNITED STATES, November 18, 2021/Plato Data Intelligence/ -- Stephen Crystal, Founder and CEO of SCCG Management, announces a partnership with Seth Schorr and his group of companies, to bring Gamerwager's UK licensed, peer to peer console esports wagering platform, to the US. Stephen Crystal said of the new partnership, "Joining forces with Seth Schorr has greatly enhanced our ability to access the growing esports wagering market with licensed peer to peer wagering platform, Gamerwager. The ability to provide casual gamers an easy to access platform for their

Everything we know about Deadeye, VALORANT’s next agent

All clues point towards codename Deadeye being VALORANT’s next agent. The next agent joining the game will be another Sentinel that “focuses on mechanical outplays,” with an “additional focus on gunplay” for “an extra flourish,” according to a post by Riot on Sept. 27. Riot hasn’t outright said who VALORANT’s next agent will be, but the devs have left a trail of breadcrumbs in the form of videos, images, and text.  The name “Deadeye” was first discovered in VALORANT’s Year One Anthem video in June, with the word Deadeye scrawled

Dota 2’s 7.30e patch nerfs Magnus and Tiny, decreases Rune stored duration for Bottles

With The International 10 in the rearview, it was only a matter of time until Valve hit us with the big post-TI update that would shape the game based on how the meta evolved before and during Dota 2’s biggest event.  Gameplay update 7.30e is just that, although outside of a few core changes, it appears that Valve just wanted to tweak a lot of little things and let the players do the work in shifting the meta again. And Valve is also adding Marci, the game’s newest hero. A

Gen.G eliminates Luminosity from NA VCT Last Chance Qualifier

The Luminosity Gaming VALORANT roster has played their final official VCT competition this year. After falling to Gen.G in two maps in the lower bracket of the North American Last Chance Qualifier, Luminosity is the first team eliminated from the event. Both teams came out firing on Haven and went into halftime tied 6-6. Gen.G built their lead after switching to the attack side, with koosta delivering some more clutches in post-plant situations. They got up to 10-7 before an LG timeout, after which LG lost a backbreaking five-vs-two round

Rise defeat Cloud9 Blue in VCT Last Chance Qualifier, move on to upper final

In the VALORANT Champions Tour Last Chance Qualifier, Rise has continued their winning streak by defeating Cloud9 Blue in the upper semifinals. Despite a disconnection that caused the map to be paused during overtime in the first map and an intense three-game series, Rise has come out on top and proved they are no longer the underdogs. The first game of the Series on Breeze was one of the tournament’s most hectic and intense matches. The first half made it look like C9 Blue was in control, finishing with a