Summary: Changpeng Zhao’s Binance may pull out of the deal to buy FTX, CoinDesk reported citing sources close to the matter. Zhao previously said the acquisition was “non-binding” and subject…
Summary: Contagion from FTX insolvency and FTT price crash spread to financial services giant Galaxy Digital. The company’s Q3 2022 earnings report showed exposure to the troubled crypto exchange launched…
Meta, the social network company, has announced that it will cut 11,000 jobs, letting go of 13% of the employees in its workforce amidst a “cultural shift” in the company.…
FTX Token plunged by over 70% in today’s session, as sentiment surrounding Binance’s potential buyout of FTX continued to raise market eyebrows. Following speculation that FTX could be insolvent, Binance’s…
On Nov. 9, 2022, a day after the news broke regarding Binance planning to purchase the exchange FTX, the crypto economy dropped 11.17% in 24 hours. The crypto economy has…
Bitcoin plunged to a two-year low on Wednesday, as the FTX token sell-off continued to weigh on cryptocurrency markets. After an initial 30% slide, FTX token fell by as much…
Cryptocurrency exchanges are receiving much attention today following the liquidity issues facing the FTX exchange. Market anxiety has led to crypto traders worrying about whether Go to Source
The global cryptocurrency is plunging today, and one of the biggest losers is the FTT token. FTT is down by 73% in the last 24 Go to Source
The crypto market has remained bearish, with most coins losing value. Nonetheless, some coins, such as BinaryX, PAX Gold, and Tamadoge, have shown intriguing signs Go to Source
Fractional NFTs enable users to divide an NFT into multiple fractions, reducing the barrier to entry for investing in real-world assets. While nonfungible tokens (NFTs) are currently suffering in the…
Bitcoin integration is not on the immediate roadmap for blockchain bridge support via MetaMask Bridges, a MetaMask executive said. Blockchain software technology firm ConsenSys continues working on expanding blockchain interoperability…
Private equity firm Thoma Bravo led the expansion round, bringing the total amount raised to $130 million. Blockchain-based intelligence company TRM Labs has announced a $70 million expansion to its…
The Facebook parent company announced it will let go of approx. 13% of its current workforce in the first mass layoff in the company’s history. The Facebook parent company Meta…
On-chain data shows some unusual transactions relating to FTT. Some analysts say the nature of these could indicate that FTX bailed Alameda out. The basic premise of the speculation is…
Summary: State-backed venture capital fund Temasek entered talks with FTX, the crypto exchange led by Sam Bankman-Fried that is possibly insolvent following recent developments Temasek was an investor in SBF’s…
