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.
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.
Several Solana-based DeFi protocols started unplugging from Serum as they weren’t sure who wielded absolute control over it.
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.
Huobi has reiterated that it will remain adamant about protecting and not appropriating users’ funds, which shall be fully redeemable and withdrawable.
About $400 million worth of FTT tokens were launched on Sunday, but there might be more to the release than meets the eye.
Bitcoin price has dropped over 23 percent in the last seven days to trade below $16k on Monday following the FTX collapse.
The outcome of the US mid-term elections seems to have little impact on the crypto space which is still suffering the jolt of FTX collapse. Bitcoin makes a fresh 2022-low.
Notably, the accidental ETH transfer is not the first of its kind for Crypto.com. The crypto firm made headlines when it said it had accidentally sent AUD$10.5 million to a client.
Tron and Tron-based tokens have surged between 500% and 4000% on the FTX exchange as the exchange pursues alternative options to get out of its liquidity crunch.