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Latest from Sam Reynolds
First Mover Asia: How Many Metaverse Users Are There? The Figures Are Debatable and Discouraging
Decentraland and Meta’s Horizon Worlds, among others, say they’re popular, but a deep dive into user data indicates they’ve yet to catch on; Bitcoin trades up slightly as inflation report nears.
Mango Markets Exploiter Provides Ultimatum: ‘Repay Bad Debt’
Hacker proposes to send back stolen MSOL, SOL and MNGO if Mango Markets promises to pay back bad debt using USDC available in its treasury.
Former CEO of Bankrupt Crypto Lender Celsius Cashes Out $960K in CEL, USDC, Data Shows
Data show that Alex Mashinsky, who resigned as Celsius’ CEO on Sept. 27, continues to move crypto out of wallets while withdrawals are suspended for customers.
Coinbase Gets Singapore Digital Payment Token License
Coinbase joins Crypto.com and DBS Vickers as major institutions with a DPT license from the Monetary Authority of Singapore.
First Mover Asia: Influencer Logan Paul’s ‘Bumblebee’ NFT Is Worth More Than $10; Bitcoin Dips Late but Remains Over $19K
The YouTube star has lost money on the NFT but not as much as some observers were saying. Valuations remain subjective even as the market has plummeted.
BNB Smart Chain Resumes Operations After $100M Exploit
A tweet from the official BNB chain Twitter account indicates the chain is back in operation after pushing out a software update to freeze hackers' accounts.
First Mover Asia: The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs' Lack of Staying Power; Bitcoin Regains $20K After Earlier Drop
The collection, now valued at $840,000, is worth a fraction of the $21 million that the troubled hedge fund spent in assembling it; BNB falls after reports of an exploit.
First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns
The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapore.
Web3 Gaming Has a Long Way to Go Before It Becomes Mainstream, Survey Says
A study from Coda Labs shows that only 3% of gamers own an NFT and generally don’t have positive feelings about crypto.
Three Arrows Capital's Liquidator Takes Possession of Starry Night NFT Wallet
Teneo, a consulting firm that is handling Three Arrows' liquidation, cited the help of pseudonymous NFT collector Vincent Van Dough.
