
Alameda Research Sues Waves Founder Aleksandr Ivanov to Recover $90 Million in Crypto Assets
Alameda’s decision to sue Ivanov is just one of many similar moves that aims to retrieve funds for FTX creditors.
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Alameda’s decision to sue Ivanov is just one of many similar moves that aims to retrieve funds for FTX creditors.
Binance has plans to sunset TORN, OMG and WAVES from its platforms through autoconversion to USDC.
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Waves Platform is a cryptocurrency project launched by the Russian entrepreneur Alexander Ivanov in 2016. The blockchain platform launch campaign raised $16 million, becoming one of the largest in terms of funds raised through crowdfunding. In June 2017, the Waves platform reported the integration of the dollar payment gateway into the Lite Client, which allows users of the wallet to replenish the account in US dollars.
Waves is a blockchain platform that combines the functions of a cryptocurrency, a token launch, and a decentralized exchange (DEX). These cryptocurrency tokens are commonly referred to as smart contracts. There is an option on the Waves blockchain that gives users the freedom to buy, sell, and trade other cryptocurrencies.
Since its launch, Waves has morphed into one of the Top 100 most successful cryptocurrencies around. This growth has resulted in a market capitalization of almost 700 million dollars, as of July 2021.
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