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Crypto News
Celsius announces loans to Alameda Research totalling $13 million
The cryptocurrency lending company Celsius said that it has 3.5 million Serum tokens on FTX in addition to providing Alameda Research with loans totalling $13 million.
Celsius, a…
FTX Collapse Causes Over 80,000 Bitcoin To Leave Exchanges
Due to the liquidity crisis, many users have sold their tokens out of fear of a worse decline, while others have moved their assets off exchanges.
The failure of FTX has dramatically…
Bankman-Fried resigns as CEO of FTX, bankruptcy proceedings start
In a note issued on the FTX official Twitter account this morning, FTX stated that Sam Bankman-Fried will be stepping down from his role as CEO of the FTX Group.
According to the memo,…
Ripple executive has made a surprising proposal to FTX workers
Ripple's chief technical officer, David Schwartz, has referred to the potential of FTX workers pursuing a career with the cryptocurrency payment startup.
Previously, Schwartz made a…
SEC receives further backing in XRP case against Ripple
The United States SEC filed a complaint against Ripple Labs Inc. in 2020, and three more firms and organizations have asked to be heard on the matter.
The New Sports Economy Institute…
The chief technical officer of Tether admits there are no plans to rescue FTX
Tether has indicated it has no plans to offer a financial infusion to FTX, despite the CEO apparently reaching out to various companies for assistance.
FTX has lost at least one…
ARK acquires $12.1M in Coinbase shares despite volatile markets
After Coinbase said it had "limited exposure" to the problematic trading platform FTX, Ark Investments increased its holdings in the company.
In the midst of the FTX and crypto market…
Bloomberg reports the SEC and CFTC are investigating FTX
The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are investigating FTX.
Bitcoin exchange The Securities and Exchange Commission (SEC) and…
Twitter Is Hit With Elon Musk’s Strict Work Policy
Elon Musk said in his first email to Twitter staff that he anticipates their return to the workplace.
Musk said that staff must report working at least 40 hours each week unless he…
Maple Finance stopped giving loans to Alameda in May upon seeing “key weaknesses”
This year, Orthogonal Credit, which oversees unsecured loan pools on Maple Finance, said that it has rejected funding to Alameda.
Orthogonal Credit, a delegate business that runs lending…