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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.
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.
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.
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.
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.
The options left for FTX and Alameda Research are notably streamlined at this time. The expectation that the company’s assets outside of its US subsidiary will be acquired by Binance exchange fell apart as Binance pulled out of the deal.
NFL legend Tom Brady, and his former wife, are among several household names to lose sizable stakes following the recent FTX collapse.