FTX Estate Dragged into Damage Claims Lawsuit by Jump Trading Subsidiary
SRM was originally scheduled to have a maximum supply of nearly 10.1 billion tokens, but the DEX’s collapse ruined the plans.
FTX Lawyers Want SBF Coins to Be Liquidated at Discounted Value
The legal battle over these “SBF Coins” takes place against the backdrop of Sam Bankman-Fried’s legal issues.
FTX Holds $200M in Bahamas Real Estate and $1.16B Worth of Solana (SOL)
FTX’s asset portfolio currently exceeds $7 billion and includes various assets such as cash, brokerage investments, tokens, and real estate.
Solana Foundation Exposed to FTX Collapse via Direct Investments
The Solana Foundation has 3.24M shares of FTX Trading LTD common stock, 3.43 million FTT tokens, and 134.54M SRM tokens.
Solana’s FTX-backed Liquidity Hub Serum Forked by Developers after Compromise
Several Solana-based DeFi protocols started unplugging from Serum as they weren’t sure who wielded absolute control over it.
Mango Markets to Begin Returning Stolen Funds from $114 Exploit
By
Kofi Ansah
Mango Markets saw $114 million worth of crypto stolen by a group of exploiters by manipulating the price of the DEX’s native token MNGO.
Ethereum 2.0 Delayed Launch Can Affect Its Dominance in DeFi Market
The continuous delay in the launch of Ethereum 2.0 threatens its dominance as market analysts question whether its development will be able to keep pace with the DeFi growth. Some new DeFi projects have already started looking for alternatives in the meanwhile.
Coinbase Custody Reveals Coins Up For Potential Support
Coinbase Custody, a subsidiary of the Coinbase cryptocurrency exchange has announced a set of coins and digital assets it is set to provide custody support for provided regulatory approved in defined jurisdictions permit.
FTX Will Host IEO for Trading Platform Upbots
By
Andy Watson
Upbots trading platform announced the IEO for its UBXT utility token which will be hosted by the FTX known to be an industry-leading crypto derivatives exchange. In this way Upbots wants to make one dashboard for both professionals and amateurs.
Newly Launched DeFi Token Serum Surged 1500% within 12 Hours
By
Tolu Ajiboye
Since the launch, SRM’s trading volume has exceeded $350 million in the first twelve hours. The Serum token is native to the Serum DEX.