Three Arrows Capital Files for Bankruptcy in the US to Protect its Assets from Liquidators. – Ethereum World News

Summary:

Three Arrows Capital has filed for Chapter 15 bankruptcy in New York
3AC filing for bankruptcy comes less than a week after a British Virgin Islands court ordered the hedge fund into liquidation.

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KuCoin CEO Refutes Rumors that the Exchange Will Pause Withdrawals or Had Exposure to 3AC, LUNA or Babel Finance. – Ethereum World News

Summary:

KuCoin CEO, Johnny Lyu, has debunked rumors that the exchange will soon pause withdrawals.
According to Mr. Lyu, KuCoin does not have direct exposure to collapsed LUNA, Three Arrows Capital, or Babel Finance.
He further reassures that ‘everything on KuCoin is operating well.

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I’m Waiting for Bitcoin to ‘Test’ $1,100, Says Rich Dad Poor Dad Author – Ethereum World News

Summary:

Robert Kiyosaki has stated that he is waiting for Bitcoin to test $1,100 for him to buy some more.
Mr. Kiyosaki also pointed out that if his target is not reached, he will wait for losers to capitulate so he can buy some more.

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BCH’s Roger Ver Rumored to be the High Net Worth Individual Who Owes CoinFLEX $47M – Ethereum World News

Summary:

Crypto community member, FatMan Terra, has suggested that Roger Ver is the high net worth individual who allegedly owes CoinFLEX $47 million.
CoinFLEX has released plans to launch a recovery token to raise funds to cover the $47 million deficit.

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Wall Street Analysts Hint MicroStrategy (MSTR) is Worth Buying Despite a 87% Pullback from Feb. 2021 Highs – Ethereum World News

Summary:

MicroStrategy (MSTR) stock value has undergone an 87% correction from its February 2021 highs of $1,350.
However, Wall Street analysts still believe it is a buy with a potential to rise to $950 from current levels of $180.

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Michael Saylor: Bitcoin is a Lifeboat Tossed on a Stormy Sea, Offering Hope to Anyone Who Needs to Get off a Sinking Ship – Ethereum World News

Summary:

MicroStrategy CEO Michael Saylor has described Bitcoin as a lifeboat tossed on a stormy sea, offering hope t anyone that needs to get off their sinking ship.
Mr. Saylor also pointed out that Bitcoin will outlast all of us.

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Bitcoin’s Stock To Flow Model is Really Not Looking Good, Says Ethereum’s Vitalik Buterin – Ethereum World News

Summary:

Ethereum’s Vitalik Buterin has criticized Bitcoin’s stock-to-flow model by PlanB.
Vitalik explains that the stock-to-flow model is not looking good, and financial models that give people false hope deserve all the mockery they get.
Mr.

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OKX Plans to Increase its Workforce by 30% to 5k Employees in 12 Months, With a Focus on Gender Balance – Ethereum World News

Summary:

OKX crypto exchange has updated its plans to weather the ongoing crypto winter.
The team at OKX has stated that they plan to increase their workforce by 30% to 5,000 employees globally in 12 months.
Additionally, OKX plans on maintaining gender balance.

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