A massive short squeeze in the futures market is the likely reason behind Chainlink (LINK) price surging by 52% on Saturday.
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Paribus: Lighting the Way to Mainnet
Time Stamp: February 3, 2023 9:05 AM
- Modified On: February 3, 2023
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Republished By Plato
Lighting the Way to Mainnet We are reaching the finish line to release the Paribus MVP mainnet. As we deliver on our development promises, so to are we keeping with our plans to keep PBX a deflationary token. Just as before, we calculate the number of tokens to burn based on our algorithmically defined Deflationary Volume Incentive. This process takes into account how much PBX has been traded across all markets, then our algorithm allocates the appropriate quantity of PBX to be removed from the ecosystem. Once the tokens have
FTX Trading Bankruptcy: Protecting Your Company’s Interests.
Time Stamp: February 1, 2023 3:22 PM
- Modified On: February 1, 2023
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Republished By Plato
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