Amber Group’s co-founder Tiantian Kullander, also known as TT, unexpectedly passed away in his sleep on Nov. 23, according to the company’s official website. Tiantian was 30 years old and leaves behind a wife and a son. Besides co-founding the Hong Kong-based Amber Group, TT sat on the board of the e-sports company Fnatic and … Read more
While crypto exchange FTX stole the limelight from other fallen ecosystems, South Korean authorities continue their efforts to bring closure to the victims of the year’s first crypto crash — Terraform Labs. Nearly six months after the Terra (LUNA) blockchain was officially halted, South Korean authorities froze approximately $104.4 million (140 billion won) from co-founder … Read more
While the FTX crisis is continuing to unfold, the former head of risk at Credit Suisse believes the exchange’s fall from grace should be the last catastrophic event — at least in this market cycle. CK Zheng, the former head of valuation risk at Credit Suisse and now co-founder of crypto hedge fund ZX Squared Capital … Read more
Tech Federal authorities continue to investigate entity’s relationship with a Chinese startup tied to co-founder Mo Chen Source link
The co-founder of asset management firm Paradigm says they feel “deep regret” for having invested in FTX amid recent revelations involving FTX, Alameda Research, and Sam Bankman-Fried. In a Twitter post on Nov. 15, Matt Huang, co-founder and managing partner of Paradigm said the firm is “shocked” by the revelations surrounding the two companies and … Read more
Authorities in South Korea have reportedly requested Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, to appear as part of an investigation into the collapse of the firm. According to a Nov. 14 report from Hankyoreh, the Seoul Southern District Prosecutor’s Office’s Joint Financial and Securities Crime Investigation Team announced that Shin should … Read more
Paintings and sculptures from the collection of late Microsoft co-founder Paul Allen were auctioned off for a historic $1.5 billion Wednesday, Christie’s auction house said, with records set for works by Van Gogh, Cezanne, Gauguin, Seurat and Klimt. Calling it “the biggest sale in auction history,” Christie’s said the collection featured diverse artwork spanning five … Read more
Jeff Cook, the Grammy-winning founding guitarist, keyboardist and fiddler of Alabama — one of the most successful country groups of all time, with had 33 No. 1 country hits, including 21 in a row — died Tuesday at his home in Destin, FL, a band rep to the Associated Press. He was 73. Cook had … Read more
Dan McCafferty, the power-voiced founding frontman of Scottish rock band Nazareth, who sang lead on its Top 10 U.S. hit “Love Hurts,” FM staple “Hair of the Dog” and five Top 15 UK hits, died Tuesday. He was 76. His longtime bandmate, bassist Pete Agnew, revealed the news on social media. “This is the saddest … Read more
The largest cryptocurrency, Bitcoin, has hit a 5% decline from its $20K level, which it has maintained for a couple of weeks. However, during the short rally a few weeks back, Bitcoin’s valuation recovered from its 3-month low, shooting above $21,000. These gains brought hope to the crypto market and boosted investors’ confidence that the … Read more