The crypto exchange also indicated that it neither has assets with FTX nor exposure to its exchange token, FTT, or Solana’s SOL, which is intimately tied with FTX and Alameda Research.
Deribit reaffirmed its lack of a trading desk or group entity that clears markets or executes deals on its behalf. The exchange also vowed to produce a Merkle Tree proof-of-reserve for its reserve assets in response to Binance CEO Changpeng Zhao’s “call.”
The collapse of FTX has brought many consequences for the crypto market. Other crypto companies, such as Tether and Cumberland, are also known to have no exposure to FTX or Alameda.
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.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Discover how DTX Exchange's historic achievement of 100,000 transactions per second on a layer-1 blockchain…
VanEck suggests the U.S. could reduce its national debt by 35% by 2050 through a…
President-elect Donald Trump named Bo Hines as the executive director of the presidential crypto council.
Explore the best new meme coins with 1000X potential. Learn how BTFD Coin leads with…
BlockDAG crosses $170.5M in presale success with BDAG250 bonus and Whitepaper V3 launch! Solana grows…
Discover why Qubetics, Toncoin, and XRP are the best coins to invest in right now.…
This website uses cookies.