Crypto Market Highlights November 9, 2022
In the 72 hours before Tuesday morning, the crypto exchange FTX reported withdrawals of around $6 billion, according to a message from CEO Sam Bankman-Fried to staff. For more specific information, you can read the article below:
There is evidence that FTX may have provided a large-scale bailout to Alameda Research in the second quarter through the heavy use of FTT as collateral, and now this is the reason why it can collapse at any time. For more specific information, you can read the article below:
According to the Bloomberg Billionaire Index, the fortune of FTX CEO Sam Bankman-Fried fell nearly 94% overnight. He is no longer on the list of 500 billionaires in the world. For more specific information, you can read the article below:
Binance CEO Changpeng Zhao has made the latest effort to give users peace of mind in the wake of the recent FTX crash, and major exchanges in the industry have responded with “big brother.” For more specific information, you can read the article below:
Japanese mobile network operator NTT Docomo will invest $4.1 billion in Web3, according to the company’s Q2 financial statements. For more specific information, you can read the article below:
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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