SBF’s Leaked Chat Reveals FTX Anticipates a Raise From Tron’s Justin Sun
The fall of the FTX empire has sent the crypto market into yet another deadly spiral. With Binance pulling out of the deal, Tron’s Justin Sun has joined the rescue…
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SBF’s Wealth Suffers an Estimated 94% Drop After FTX Fiasco: Bloomberg
The past few days saw extreme turbulence related to FTX, Alameda, and Binance. In the wake of it, ending with Binance’s statement of intent to take over FTX’s business, the…
Despite Disappointing Q3 Results, Marathon Is Now the Second-Largest BTC Holder
One of the leading crypto miners – Marathon Digital Holdings – recorded a net loss of $75.4 million, or $0.65 per share, during the third quarter of the year due…
Galaxy Digital Held $77 Million in FTX Exposure, Earnings Show
In its recently released third-quarter earnings report, crypto financial services firm Galaxy Digital revealed that it holds over $76 million worth of exposure to FTX, the mainstream crypto exchange that…
Twitter Not the Only One: Meta (Facebook) Sacks 11,000 Employees
As a ‘last resort’ option, Meta CEO Mark Zuckerberg has announced that his company will be slashing 11,000 employees from its workforce. That’s 13% of the company. In a blog…
Binance Tops up Its Insurance Fund to $1 Billion Following FTX Crash
Binance’s CEO said the world’s largest cryptocurrency exchange increased its Secure Asset Fund for Users (SAFU) to $1 billion again. This comes as a result of the recent market plunge,…
Binance Will Not Acquire FTX, Exchange Confirms
Binance, the world’s largest crypto exchange, has backed out of its agreement to purchase FTX just one day after signing an agreement to rescue the company on Tuesday. Binance said…
FTX Calamity Could be the Last Crisis of the Bear Market, Says Cardano’s Hoskinson
Charles Hoskinson – Founder of the blockchain platform Cardano – thinks the turbulence around FTX and its native token – FTT – could be the last adverse event of the…
US Regulators Probe FTX for Mismanagement of Client Assets: Report
United States financial regulators have reportedly launched a probe into FTX – one of the world’s largest crypto exchanges that is now unable to process customer withdrawals. The investigators intend…
Amost $1B Worth of Solana Tokens to Be Unlocked by Thursday
Solana’s Epoch 370 is set to end in a little under 24 hours, and with it will come the unlocking of over 47 million SOL tokens by validators. This massive…
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