Tag: ftx

FTX Sues NFT Star & Delysium: Millions in Tokens at Stake!

FTX Sues NFT Star & Delysium: Millions in Tokens at Stake!

• Facts

The sudden collapse of FTX sent shockwaves throughout the crypto ecosystem. It ignited dozens of marbled legal skirmishes and roused a fog of monetary doubt. NFT Star and Delysium now reportedly are tied up in complex legal conflicts involving FTX. Both firms are currently being sued for signing on to...

How FTX's Token Recovery Could Unlock Southeast Asia's Web3 Potential

How FTX's Token Recovery Could Unlock Southeast Asia's Web3 Potential

• Commentary

FTX is suing NFT Star and Delysium. Big deal, right? Another day, another crypto drama. This could be something more. This isn't just about recovering assets for creditors. It's about a potential injection of capital that could reignite the Web3 fire in Southeast Asia. We're talking about empowering artists, developers,...

FTX Seeks Token Recovery From NFT Star and Delysium

FTX Seeks Token Recovery From NFT Star and Delysium

• NFT Drops

FTX is suing NFT Star and Delysium to recoup millions in allegedly misappropriated tokens. The exchange is suing to recover assets it says belong to its creditors after its own bankruptcy last fall. This move is part of FTX's broader effort to recoup funds and ensure equitable distribution to those...

FTX's Token Clawback A Warning Shot For Web3's Wild West?

FTX's Token Clawback A Warning Shot For Web3's Wild West?

• Commentary

The FTX dumpster fire is still smoldering, and this time the blaze is being fanned towards NFT Star and Delysium. FTX, in its relentless pursuit to claw back assets, is suing these entities for failing to deliver tokens promised under SAFT agreements. Or is this only about recouping losses? Or...

Paradigm's Post-FTX AI Gamble: Genius Move or Risky Bet?

Paradigm's Post-FTX AI Gamble: Genius Move or Risky Bet?

• Commentary

Paradigm's back in the game. And they're playing big. Smarting from their FTX investment, they’re fresh off the news that they’ve led a $50 million Series A for Nous Research. This company, though, is plunging in neck-deep into the shadowy realm of decentralized AI. Or, if they’ve lost that credibility...

Japan's Bitcoin Revolution: A Boon for Artists and Web3 Creators?

Is Japan on the verge of accidentally unleashing a tsunami of creative destruction and financial liberation onto the rest of the emerging markets? I know this seems like a tall order, but hear me out. Japan’s regulatory change to officially recognize Bitcoin as a financial product. This step is a...

5 Ways This Crypto Bill Empowers Southeast Asian Artists, Not Wall Street

Let’s be honest, when you hear about crypto regulation, your first thought probably isn't Southeast Asian artists finding new avenues for creative expression. Surely visions of Wall Street honchos and inscrutable derivatives dance in your head. Well, what if I told you that the Senate’s Banking Committee just released their...

Crypto's 'Light-Touch' Regulation Gamble Will It Protect You?

The Senate Committee’s proposed “light-touch” regulatory framework for crypto is a long high-stakes poker game. Are we all truly holding a winning hand, or are we collectively bluffing our way into a future financial crisis? It’s a question every investor, every innovator, and frankly, every citizen should want to know....

Trump Jr. at KBW2025: Web3's Mainstream Moment?

Donald Trump Jr.’s scheduled keynote address at KBW2025 is raising eyebrows and inspiring intense discussion across the Web3 ecosystem. He’s just a high-profile guy shaking things up in the crypto world. His presence further exemplifies the increasing importance of blockchain technology and its potential to revolutionize the traditional economy. Does...

Trump Jr. at KBW2025: Web3's Punk Rock Moment or Sellout?

Or I think about Nandar, a wonderful Burmese artist that I met in Yangon, sharing with me her latest NFT collection. Each work exploded with vivid imagery, bravely fighting back against the junta’s repressive hold. She began selling them directly to supporters around the world, allowing her to cleverly sidestep...

KBW2025: Is Trump Jr. Web3's Trojan Horse or its Savior?

Donald Trump Jr. at Korea Blockchain Week? It's a head-scratcher, isn't it? About as easy as locating a MAGA hat at a Burning Man soirée. Before we put this down as just another short-lived publicity stunt, let’s take a closer look at what this could IoTally Web3 means. Cynical ploy...

Schiff's Crypto Ban: Is He Protecting Us or Silencing Innovation?

Senator Adam Schiff's proposed crypto ban, the COIN Act, aimed at preventing the President (read: Donald Trump) from dabbling in digital assets, raises a critical question: Is this genuine protection against corruption, or a veiled attempt to stifle innovation, especially for emerging markets? Let's be real, the optics are terrible....