After FTX declared Chapter 11 bankruptcy, a series of unauthorized transactions happened on the company accounts.
Without mincing words, Nike has already recorded enormous success on the Web3 interface.
Valkyrie has taken the hard decision to let some of its good hands go.
BlockFi said the rumor is not entirely true and issued a statement to clarify the situation on the ground.
The Solana Foundation has 3.24M shares of FTX Trading LTD common stock, 3.43 million FTT tokens, and 134.54M SRM tokens.
In a bid to rescue FTX customers who may be left out in the dark, Binance CEO has set out a fund to help promising projects undergoing a liquidity crisis.
The browser extension wallet will allow users to manage and secure store, send and receive nearly 8 million tokens across all EVM chains and Solana. It plans to add support for non-EVM chains very soon.
Goldman asserts that although there is a reduction in the Coinbase price target, the exchange remains insulated against the FTX fallout.
Binance wants to help crypto firms currently facing liquidity crisis.
Crypto.com clarifies it did not lose $1 billion in crypto to FTX but instead lost a much smaller $10 million stake.
The ongoing trials of the FTX platform have confirmed the saying that no one wants to tag along with a failure.
Several Solana-based DeFi protocols started unplugging from Serum as they weren’t sure who wielded absolute control over it.
Given the interest of multiple enterprises in expanding their operations in the region, the new policies will drive interest in Hong Kong as a financial hub.
Sources familiar with the matter explained the blurred lines in the functioning of FTX and Alameda Research and how the employees were kept in the dark over the misuse of customers’ funds.
It appears that the friendship between the Bahamas and FTX is gradually coming to an end with the ongoing scrutiny.