Harmony hacked, Yuga strikes, BlockFi on the rocks

Yes, we’re back from New York City and back into the grind of a market that has recovered a smidge of its dignity, total cryptocurrency market cap poking its head back above a trillion once again. For how long, well we’ll have to see. And with no prospect of the Fed easing off on rate hikes till well into the autumn it’s going to be an interesting phase of the market. Coming up in today’s quick take, Morgan Creek is looking to outmaneuver FTX with an audacious $250m raise, purely for the culture of course. Yuga gets litigious, Harmony opens its cheque book to try and recover lost funds from the bridge hack and Anonymous has a message for Do Kwon - and their own token?

Our sponsor
https://slingshot.finance/mobile/thedefiant

Follow The Defiant team on Twitter:
Camila Russo: https://twitter.com/CamiRusso
Robin Schmidt: https://twitter.com/iamsupermassive
Alp Gasimov: https://twitter.com/alpgasimov

✊ Follow The Defiant
Website https://thedefiant.io/
Newsletter https://newsletter.thedefiant.io/
Twitter https://twitter.com/defiantnews
Discord https://discord.com/invite/svJ7dZ75J3
Instagram https://www.instagram.com/thedefiant.io/
Telegram Announcements https://t.me/DefiantNews
Telegram Chat https://t.me/DefiantChat

#TheDefiant​ #DeFi​ #Decentralized​ #Finance​ #Blockchain