Coinbase (COIN) CEO Calls out FTX’s “Risky Business Practices” – Affirms “No Material Exposure” to Competitor
Brian Armstrong said that FTX’s risky practices included “conflicts of interest between deeply intertwined entities, and misuse of customer funds”.... Read more.
Stablecoin Issuers Tether And Circle Deny Having Significant Exposure To FTX (FTT) And Alameda
Stablecoin issuers Tether and Circle have denied having exposure to FTX (FTT) and Alameda Research.... Read more.
Solana (SOL) Dumps Another 30% Amid Fears Alameda Might Be Unloading Its Share
The “Ethereum killer” is trading at around $16.92, down over 43% in the last week.... Read more.
Sam Bankman-Fried Loses Billionaire Status as Net Worth Falls 93% in One Day
FTX crypto exchange CEO's net worth plummets to $991 million from $16 billion, according to Bloomberg Billionaires Index.... Read more.
Binance to Acquire FTX to Help Cover Liquidity Crunches
Changpeng Zhao said that the exchange has signed a non-binding letter of intent (LOI) to acquire the troubled competitor.... Read more.
Wintermute-Backed Decentralized Exchange Bebop Launches on Polygon
The new decentralized exchange offers its signature feature that allows users to trade multiple tokens in one trade.... Read more.
Alameda Provides Proof of Funds to BitDAO (BIT) As BIT Unexpectedly Plunges 20%
Crypto trading firm Alameda Research moved 100 million BIT in five transactions to a designated wallet.... Read more.
LBRY (LBC) Plummets More Than 30% After Losing Case Against the SEC
The token went to as low as $0.000625 but quickly rebounded and is now trading at $0.0123.... Read more.
Polkadot (DOT) in Correction Zone After Pumping on “Not a Security” Comments
The token went up 12% over the weekend but has since gone down 5%.... Read more.
Flash Loans: Groundbreaking DeFi Phenomenon or Tool for Manipulation?
The DeFi primitive has been on the scene for only two years but has already proven to be useful.... Read more.