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From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX

During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival…

Continue ReadingFrom a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX

Binance-FTX Botched Acquisition: A Timeline of High-Profile Bailout That Never Happened

Binance initially nurtured FTX. Today, it is being speculated as a reason for FTX’s imminent vanquish. This makes a great tale. But its CEO assured the community that he had…

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Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX

According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans…

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Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’

Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets…

Continue ReadingGalaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’