Latest from Oliver Knight
FTX Bankruptcy Claims Sell for 20 Cents on the Dollar in Private OTC Markets
The sales suggest distressed asset funds are projecting recoveries of about 50 cents over five years.

Crypto Exchange Zipmex to Restart Customer Withdrawals Once Rescue Deal Closes
A rescue deal is "signed but not closed," according to Zipmex CEO Marcus Lim.

Trader Front-Runs Gains Network's Listing on Crypto Exchange Binance to Profit $100K
Someone bought $200,000 worth of GNS tokens shortly before the listing and sold them for a profit afterward as they rose 50%.

Aave Community Mulls Freezing Binance Stablecoin Amid SEC Pressure
As circulating supply trends to zero, the lack of growth could "hurt peg arbitrage opportunity and asset peg," one community member said.

Fifth-Largest Holder of Polygon Tokens Is Little-Known Chinese Crypto Project
At least one observer says Avatar is a multilevel-marketing (MLM) scheme in which users generate significant rewards for every person they successfully refer.

Bitcoin Exchange LocalBitcoins to Close, Citing Market Conditions
LocalBitcoins is suspending the exchange 10 years after its inception because weekly volume has slumped.

DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol
The protocol is a fork of Aave v3 and will increase the use case for the DAI stablecoin.

Fan Token Project Chiliz Rolls Out Layer 1 Blockchain; Token Surges 20%
The EVM-Compatible blockchain will allow token holders to stake (delegate) their tokens to receive rewards.

Ethereum Name Service DAO Passes Vote to Sell 10K Ether
The sale will be a single transaction on CoW Swap as opposed to multiple tranches.

Craig Wright's UK Case Against 16 Bitcoin Developers to Go to Full Trial
The trial is expected in early 2024 following a successful appeal.

