FTX administrators are being sued by creditor Lidia Favario for extravagant expenses. Favario points out that administrators spent too much on FTX bankruptcy proceedings, including high-end hotel accommodations and exorbitant transportation costs. She points to A & M professionals spending $971.74 a night at a luxury hotel in New York, and one professional paying $1,733 for a taxi. In addition, FTX also paid $2,683 for three taxis to wait for CEO John Ray's testimony. Favario appealed to the cou...
Luxury watch RWA platform Kettle announced the completion of a new round of financing of $4 million, led by ParaFi Capital, Zee Prime Capital, Kronos Research, Signum Capital, Puzzle Ventures, IOSG Ventures, OSF, and gmoney.9dcc.etah. The new funds are intended to support its construction of the RWA platform to ensure that every watch is verified, insured and securely stored in New York's Kettle Vault to introduce cryptocurrency users to the luxury watch space.
According to the global rich list, Musk's worth continues to climb, with net worth exceeding $300 billion.
Can't sell luxury cars? National sales statistics of well-known imported cars in the first half of the year > >
Luxury art auction house Christie's has partnered with Web3 payment solution MoonPay to unveil a new art experience combining AI and Web3 at the 8th Art + Tech Summit. The collaboration uses MoonPay's "Web3 tools" to engage attendees in a gamified digital art experience. The event featured 300 AI-generated nude portraits by AI art pioneer Robbie Barrat, embodying the summit's four main themes: real-life AI, the art market, thoughtful luxury, and new technology paradigms.
Applications for the first phase of the L1 public chain LUKSO funding scheme are open until June 16 to support innovative dApps and projects in the social, creative and cultural fields.