Huobi Global Rebrands as Huobi, Introduces New Strategy
Huobi will endeavour to bring value to its business and provide secure and professional services to its users as it rebrands. Various technologies and resources will also be integrated into…
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Biggest Movers: ALGO Nearly 10% Higher, TRX Extends Recent Gains
Algorand has been a notable exception in what has been a relatively bearish start to the weekend. On Nov. 19, the token rose by nearly 10%, as cryptocurrency markets mostly…
Value Locked in Defi at Its Lowest Point Since March 2021, Smart Contract Tokens Shed $22 Billion in 36 Days
Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in…
TRX’s USD Exchange Rate Jumps 270% Higher on FTX After Exchange Brokers Deal With Tron
On Thursday, at approximately 12:48 p.m. (ET), the embattled exchange FTX revealed that it has created a special facility with Tron. The deal allows holders of specific Tron-based coins to…
Tron-based tokens sell at 1200% premium as FTX users scramble to withdraw
The JST token in particular is trading for a premium of around 1,200%, while BTT and TRX have inflated at least 500% apiece.
FTX and Tron Have Launched a Highly Suspicious Withdrawal Scheme
Some FTX users can now withdraw their funds from the exchange, but only by surrendering 80% of the value of their portfolio to arbitrageurs. A Deal With the Devil FTX...
Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that…
Tether Reportedly Freezes 46M USDT on Tron Owned by FTX
Tether has become the latest industry company to get involved with the ongoing saga revolving around FTX by freezing over 46 million USDT. The company said it had to comply…
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…
Is Justin Sun About to Bail Out FTX? TRON Boss Swoops in as SBF Faces Ruin
It comes after a new report has alleged that Sam Bankman-Fried moved $4 billion worth of FTX funds to save Alameda Research. FTX Reportedly Seeking New Raise Things are going...
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