Serum, an open liquidity infrastructure known to be the most widely used liquidity hub in the Solana ecosystem, is now said to be forked after the fact that it may have been compromised due to the FTX...
Tag: Liquidity
Liquidity hub Serum forked by developers after FTX hack
Solana’s developers forked the widely used token liquidity hub Serum, after being compromised by a hack on the bankruptcy exchange FTX on Nov. 11 that led to a series of unauthorized transaction...
Solana liquidity hub Serum to be forked after possible compromise in FTX hack
Solana developers are forking FTX-developed token liquidity hub Serum after it may have been compromised in a hack on FTX. On Friday, a hacker made unauthorized withdrawals of more than $400 mi...
Crypto and tech are the first dominoes to fall as stimulus liquidity dries up, says this money manager. Here’s what could happen next.
Read: Sequoia on its FTX investment: Some surprise to the upside, and some surprise to the downside JPMorgan is predicting a “cascade of margin calls, deleveraging and crypto company/platform failures...
SERC Regulated MoonXBT Willing to Aid FTX with Emergency Liquidity
Advertisement     FTX is now trying to raise capital to save the troubled exchange after it experienced a liquidity crunch and had seen more than $5 billion in withdra...
Ethereum Classic (ETC) consolidates amidst the FTX liquidity crisis!
Ethereum Classic is the fork version of Ethereum with ETC as a native coin that is used to pay gas fees on the network. Many investors treat it as an asset for the long term, but the ETC price has bee...
Liquidity Crunch: Tron-based Tokens Surge as FTX Users Try Withdrawal Alternatives
Tron and Tron-based tokens have surged between 500% and 4000% on the FTX exchange as the exchange pursues alternative options to get out of its liquidity crunch. The surge started after FTX announced ...
Canada’s Teacher’s Pension Fund Faces Investment Issue in FTX’s Liquidity Crunch
Canada’s Ontario Teachers Pension Plan (OTPP) is in jeopardy due to its large investment in the cryptocurrency exchange FTX, which is currently facing a significant liquidity crunch. A recent report f...
FTX seeks bailout to shore up liquidity; 60K BTC withdrawn from exchanges
The biggest news in the cryptoverse for Nov. 10 includes SBF planning to raise funds to bailout FTX and make users whole, SEC chairman Gary Gensler advocating for more investor protection following FT...
Sam Bankman-Fried apologizes for FTX liquidity crisis: ‘I fucked up twice’
In one of his first public statements since rumors and concerns about FTX’s insolvency flooded the crypto market, CEO Sam Bankman-Fried, or SBF, has said: “I’m sorry.” In a Nov. 10 Twitter thread, SBF...
Major VC Firm Sequoia Capital Marks FTX Investment to $0 — Says ‘Liquidity Crunch Has Created Solvency Risk for FTX’ – Exchanges Bitcoin News
Venture capital giant Sequoia Capital is marking its investment in the embattled crypto exchange FTX down to $0. “In recent days, a liquidity crunch has created solvency risk for FTX,” the firm stress...
SBF seeks to raise liquidity for FTX International; funds to go “straight to users”
FTX’s CEO Sam Bankman-Fried (SBF) posted a Twitter thread to say that FTX U.S. was 100% liquid and that he’d do all he can to raise liquidity for FTX International. SBF started by admitting his role i...
SBF Says Alameda to Wind Down Over FTX Liquidity Crisis
Share this article Alameda Research is shutting down, Sam Bankman-Fried has confirmed. FTX CEO SBF Says Sorry Alameda Research is winding down its operations. 1) I’m sorry. That’s the bigg...
Stablecoin liquidity on Curve’s 3pool falls to lowest level since Luna crash
Liquidity for stablecoin swaps on the Curve 3pool is now at its lowest level since the Luna collapse in May as traders continue to swap Tether’s USDT for other stablecoins, namely DAI and USDC. This h...
SOL raises interest rates to overcome Solend liquidity crises
Investors on Solana, a top blockchain platform, are in a state of panic after the apparent fall of the FTX cryptocurrency exchange. The other centralized exchange eventually stopped stablecoin trades ...
Sequoia Capital Drops Its FTX Holdings to $0, Following “Liquidity Crunch”
3 hours ago | 2 mins read Exchange News VC firm, Sequoia said that the platform was writing down the full value of its investments in FTX. Sequoia Capital invested around $214 million in the FTX platf...
Top DEX tokens to buy after CEXs run into liquidity issues
Uniswap (UNI/USD), Stellar (XLM/USD), and PancakeSwap (CAKE/USD) are all decentralized exchanges (DEXs) that feature their native cryptocurrencies. We covered the issues that FTX has been running into...
CBOE Digital reassures customers amidst FTX liquidity crunch – crypto.news
CBOE Digital, a US-regulated crypto exchange and clearinghouse, issued a letter on Wednesday, November 9, 2022, to its customers to reassure them about asset safeguards amid the FTX liquidity crisis a...
Binance CEO shares ‘two big lessons’ after FTX’s liquidity crunch
Binance CEO Changpeng “CZ” Zhao has shared his take on “two big lessons” to be learned from the FTX saga, saying cryptocurrency firms shouldn’t use their own tokens as collateral and should also keep ...
Bitcoin price swings to over $20K as Binance helps FTX ‘liquidity crunch’
Bitcoin (BTC) saw major volatility after the Nov. 8 Wall Street open as turmoil over crypto exchange FTX punished markets further. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance h...
Binance CEO announces intent to acquire FTX to ‘help cover the liquidity crunch’
Following Binance CEO Changpeng Zhao’s announcement that the company would liquidate its position in FTX Token (FTT), FTX CEO Sam Bankman-Fried, also known as ‘SBF,’ took to social media s...
Yuga Labs, Circle, SkyBridge Among Investments FTX Ventures Made Prior to Liquidity Issues
Among the biggest names in which FTX Ventures invested were Bored Ape Yacht Club creator Yuga Labs, USDC stablecoin issuer Circle, layer 1 blockchains Near Protocol and Sui, crypto lender BlockFi and ...
Binance CEO CZ Announces FTX Acquisition To Save Liquidity Crunch
In a recent development, Binance CEO, Changpeng Zhao or popularly referred to as CZ announced on Twitter that they have signed a non-binding Letter of Intent (LOI), intending to fully acquire the FTX ...
Breaking! Binance To Finally Acquire FTX To Resolve Liquidity Crunch
A lengthy public war of words between two cryptocurrency exchange giants may come to an end as Binance is now all set to acquire its rival FTX. The cryptocurrency sector has witnessed a profound impac...
FTX Capitulates and Agrees to Sell to Binance Following the Liquidity Crunch that Rocked the Exchange ⋆ ZyCrypto
Advertisement     Binance has agreed to purchase FTX after days of uncertainty over the financial status of the company. The deal is a non-binding one that allows Bina...
FTX Agrees to Sell Itself to Rival Binance Amid Liquidity Scare at Crypto Exchange
The situation worsened early Tuesday as FTX customers struggled to withdraw money from FTX. Dozens of customers complained in FTX’s Telegram group and on Twitter about difficulties they experienced. I...
Two hours without withdrawals puts FTX’s liquidity in question
On-chain data has shown that FTX has stopped processing withdrawals for around two hours. According to data analyzed by CryptoSlate, the last outgoing transaction from FTX on Ethereum was recorded at ...
Binance will acquire FTX to help with ‘liquidity crunch’
Listen to this article. Binance and FTX have just announced that, pending due diligence, Binance will be acquiring FTX in order to help with a “liquidity crunch”. Neither FTX nor Binance have provided...
Binance Triggers Liquidity Crisis, Then Acquires Bankman-Fried’s FTX
Sam Bankman-Fried’s Twitter account has posted a thread claiming that Binance has agreed a deal to buy FTX, the exchange that he had built into a global crypto titan. The native token of Sam Bankman-F...
Binance Announces Intention to Acquire FTX Following a “Liquidity Crunch” – Trustnodes
Binance’s CEO and FTX’s CEO have both stated their companies have signed a Letter of Intent (LoI) agreement for Binance to acquire FTX. “This afternoon, FTX asked for our help,” Changpeng Zhao of Bina...
Markets turn red as FTT dumps amid rumors of liquidity issues
In the last 24 hours, the cryptocurrency market cap saw net outflows of $48.79 billion to $971.29 from $1,028.2 billion as of press time — down 4.79%. Bitcoin’s market cap fell 5.03% to $378.86 billio...
FTX Registers Huge Outflows Amidst Growing Liquidity Concerns
Sam Bankman-Fried-led FTX exchange has seen a huge surge in withdrawals, leading to a substantial drop in its stablecoin reserves. According to the available data, over $451 million in stablecoins ha...