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Latest from Parikshit Mishra
Binance Lawsuit Triggers $700M in Withdrawals; Metaverse Tokens Named by SEC Lead Decline
The unprecedented withdrawals only reflect a small amount of Binance's reserves, according to data from CryptoQuant.

Defunct Crypto Hedge Fund 3AC Insists on Taking Part in Genesis Mediation
The defunct crypto hedge fund has claimed over $1 billion against Genesis, which itself filed for bankruptcy in January.

Crypto Insurer Evertas’ Coverage Limit Increased to $420M: Reuters
London-based Arch Insurance International, a syndicate member of Lloyd's of London, has authorized Evertas to increase its coverage limit for a single policy for crypto custodians and exchanges

Do Kwon's $428K Bail Request in Fake Passport Case Approved by Montenegro Court
A previous approval was annulled by a higher court after it was determined the Terra founder's finances were not sufficiently assessed in the first decision.

Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi
May saw fewer exploits than April, suggesting better security practices among crypto users and developers.

Coinbase Derivatives Exchange to Offer Institutional Bitcoin and Ether Futures
These products come on the back of the nano futures that were launched last year.

Uniswap Community Votes Down Protocol Fees for Liquidity Providers
The initial snapshot poll was voted against by the community in a surprising move.

Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%
FLEX holders can convert their tokens for OX at a ratio of 1:100.

Crypto.com Receives Digital Token License in Singapore
The exchange received in-principle approval in Singapore last June.

PayPal Ventures Leads $52M Round for Crypto Firm Magic
The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel.
