Daily Recap
Crypto Market Highlights December 10, 2022
Crypto Market Highlights News Of The Day
Fintech Symbiont Company Filed For Chapter 11 Bankruptcy
Symbiont is the next name to have fallen in the difficult and volatile crypto market. The company filed for Chapter 11 bankruptcy protection in early December. For more specific information, you can read the article below:
FalconX Claims Financially Stable Despite FTX Exposure
FalconX reassures users during the crisis following the collapse of FTX. The company claims only 18% of its cash is stuck on FTX, so it has absolutely no impact on the company’s finances. For more specific information, you can read the article below:
SBF Secretly Sponsored The Block For Over 1 Year Through Its CEO
SBF is said to have secretly funded the crypto media site The Block for more than a year through a transfer of funds to its chief executive officer. The Block CEO announced his resignation after revealing a $43 million loan from Alameda. For more specific information, you can read the article below:
Su Zhu Attempts To Take SBF Down After FTX’s Fall
Su Zhu, the co-founder of crypto hedge fund Three Arrows Capital, continued to hit back at Sam Bankman-Fried after and linked The Block CEO’s resignation to the former FTX CEO. For more specific information, you can read the article below:
Bankman-Fried Confirmed As A Witness At Congressional Hearing
Former FTX CEO Sam Bankman-Fried is scheduled to testify in a congressional hearing on the company’s demise, according to the US House of Representatives Committee on Financial Services. For more specific information, you can read the article below:
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Harold
Coincu News
Author: Harold
