Daily Recap

Crypto Market Highlights December 6, 2022

358 days ago - Around 2 mins mins to read

Crypto Market Highlights News Of The Day

Gemini Established Creditor Committee And Prioritize Customer Returns

Gemini executives said the company had formed a creditor committee to determine whether it could recover $900 million in debt from Genesis and that returning money to customers is a priority for the company. For more specific information, you can read the article below:

https://news.coincu.com/149310-gemini-established-creditor-committee/

Nexus Mutual Is Pulling Out Of Maple’s wETH Pool And Expecting $3 Million Loss

Nexus Mutual is currently seeking to divest from Maple’s wETH pool and expects a $3 million loss due to exposure to Orthogonal Trading’s $36 million default on Maple Finance. For more specific information, you can read the article below:

https://news.coincu.com/149317-nexus-mutual-pulling-out-of-maples-weth/

GameStop Blockchain Wallet Team Is Severely Affected Due To Massive Layoffs

Due to market influences, game retailer GameStop is starting to lay off employees, and its blockchain wallet team has been severely impacted. At least six software engineers have claimed to have been fired. For more specific information, you can read the article below:

https://news.coincu.com/149336-gamestop-blockchain-wallet-team-layoffs/

Lazarus Group With New Crypto Scam Plan Through App Spreading Malware

Volexity, a cybersecurity firm located in Washington, D.C., has linked Lazarus, a North Korean hacker organization already sanctioned by the US government, to a threat involving the use of a cryptocurrency site to infect computers and steal information and crypto from third parties. For more specific information, you can read the article below:

https://news.coincu.com/149361-lazarus-group-new-crypto-scam/

Nike’s RTFKT Launches The First Web3 Physical Sneaker Cryptokicks iRL

Nike subsidiary RTFKT has announced the release of the first Web3 physical sneaker, “Cryptokicks iRL.” The Web3 design studio is going as strong as any other project in the metaverse, collaborating with luxury houses and world-famous artists while fleshing out its collectible NFT universe and making money. For more specific information, you can read the article below:

https://news.coincu.com/149468-rtfkt-launches-sneaker-cryptokicks-irl/

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

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