December 26th, 2025
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.
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.
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.
FTX Group of companies has officially filed for Chapter 11 Bankruptcy in the United States, marking one of the darkest weeks in the history of the digital currency ecosystem.
The collapse of the FTX Derivatives Exchange has placed all regulators on the edge and White House Press Secretary Karine Jean-Pierre said the Biden administration is monitoring the development surrounding the trading platform and the broader digital currency ecosystem.
Following the recent liquidity crisis, SEC and the CFTC have launched an investigation into the operations of FTX US and understanding its relationship with its international entity FTX.com.
The US arm of troubled company FTX is closing trading activities soon but still permits customers to make withdrawals.
As FTX tries to survive a difficult time, CEO Sam Bankman-Fried is seeking to raise a rescue package of up to $9.4 million to help the situation.