The recent acquisition deal made with CZ’s Binance was not Sam Bankman-Fried’s first choice. SBF was reportedly looking for Silicon Valley and Wall Street billionaires to bail out FTX. FTX…
As an EEA member, Wanchain is part of the EEA community of organizations working to advance Ethereum and drive industry adoption. In the Q&A below, the EEA interviewed Dr. Weijia…
Summary: Sam Bankman-Fried’s FTX and Changpeng Zhao’s exchanges have reached a resolution per tweets from SBF himself. SBF said the two entities agreed on a strategic transaction. Binance will fully…
Robinhood’s $HOOD stock is down 10% at press time. The FTX-Alameda insolvency rumours have negatively impacted the prices of $HOOD SBF owns nearly $600 million’s worth of $HOOD shares. Crypto…
Summary: Sam Bankman-Fried’s Alameda Research provided proof of funds for 100 million BIT tokens held by the trading firm. The asset declaration was a response to a ByBit community proposal…
Analysts are highlighting large withdrawals placed from FTX, which is causing volatility. They are pondering whether FTX might be having trouble with its reserves. These analysts also pointed to FTX…
Solana’s price has dropped 14% in the last 24 hours. At the time of writing, SOL is trading at $27.93. The price of Solana has taken a direct hit amid…
luxury watch brand Rolex has filed for NFT and metaverse trademark applications. Rolex is keen on introducing NFTs as well as NFT-backed content and a dedicated online space that facilitates…
Summary: The U.S. Department of Justice confiscated some 50,000 Bitcoin linked to the Silk Road platform. Authorities seized BTC valued at $3.36 billion at the time from one James Zhong…
Circle has announced that its Euro-backed stablecoin Euro Coin will launch on Solana in the first half of 2023. The addition of Solana is a bid by Circle to make…
Summary: FTX CEO Sam Bankman-Fried stressed that the crypto exchange is not insolvent despite rumors. Speculations arose after Binance CEO Chanpgeng Zhao tweeted that the leading exchange will exit its…
Summary: Yesterday, Binance CEO Changpeng Zhao revealed that the exchange intends to liquidate its FTT holdings. Putting the solvency of FTX in doubt, sellers have rampaged the FTT market in…
Meta may soon initiate mass layoffs to stabilise its earnings. According to the WSJ, the layoffs can be initiated as early as the next week of November 2022. According to…
Binance CEO Changpeng Zhao took to Twitter to announce that the exchange will liquidate his company’s FTT holdings following recent relevations. The exchange’s FTT holdings are estimated to be worth…
Summary: On 5 November, BNB clinched a new all-time high in its social contributors, social mentions, and social engagements. The rally in social activity is connected to its price rally…
