WOO Network said it had agreed to repurchase all the tokens and equity previously held by collapsed hedge fund Three Arrows Capital.
WOO Network to sever ties with Three Arrows Capital after share buyback [cointelegraph]


WOO Network said it had agreed to repurchase all the tokens and equity previously held by collapsed hedge fund Three Arrows Capital.

The exploiter of the Web3 social media platform agreed to keep a 10% bounty in exchange for returning the remainder of the stolen funds.

The initial impact amounted to 20 Ether, worth $31,000, while the validator involved has now been taken offline.

Former FTX CEO Sam Bankman-Fried was once “freaking out about” getting regulators to crack down on Binance and raising capital from a Saudi crown prince, according to former Alameda CEO Caroline Ellison.

Former FTX CEO Sam Bankman-Fried was once “freaking out about” getting regulators to crack down on Binance and raising capital from a Saudi Crown Prince, according to Alameda former CEO Caroline Ellison.

Real estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will be used to support redemptions.

All U.S. stock indexes rose on Oct. 11, as traders awaited consumer price index data to be released on the 12th.

The crypto tax reporting requirements proposed by the IRS in August are scheduled to go into effect in 2026, but according to seven senators, that isn’t soon enough.

The FAB pilot follows Bank ABC’s in Bahrain. JPMorgan also just launched its Tokenization Collateral Network on Onyx.

The new exchange was founded by an executive from Malaysian market leader Luno. It will target investors, businesses, and high-net-worth individuals.