For us ordinary investors, avoiding pitfalls is far more important than making profits, because if we don’t make profits, we will lose at most one opportunity, but we can still grasp the future; but if we step into a pit, we are likely to be doomed, and we will not even be able to grasp the opportunity. None.
JinseFinanceFTX grapples with repayment challenges post-collapse, resorting to selling assets and Bitcoin derivatives. Despite accumulating $4.4 billion, uncertainties persist, with FTX.com users facing potential larger losses, signaling a complex financial recovery path.
Xu LinFTX's attempt to repay debts through Bitcoin shorts and asset sales is marked by uncertainties. While the accumulated $4.4 billion provides a glimmer of hope, the reliance on risky strategies and acknowledgment of potential shortfalls paint a precarious picture for FTX's future.
SanyaPer a report from Bankless, Terra (LUNA) co-founder Do Kwon was allegedly arrested in the region of Podgorica, Montenegro.
BitcoinistDo Kwon, the co-founder and Chief Executive Officer (CEO) of Terraform Labs, is now in hotter water following a crucial discovery made by South Korean prosecutors.
Bitcoinist(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) There is shockingly little that we as humans can actually control about our existence…
CryptohayesThe crypto custodial service and AI trading platform managed to lose nearly all of its customers’ assets by shorting LUNA, the Terra Classic native token.
CointelegraphAccording to Paolo Ardoino, some hedge funds are trying to create "billions of dollars" of pressure to "damage Tether's liquidity" in order to eventually be able to buy back tokens at a much lower price.
CointelegraphPaolo Ardoino alleged some hedge funds are trying to create pressure “in the billions” to “harm Tether liquidity” so that they can eventually buy back tokens at a much lower price.
CointelegraphOngoing efforts behind the scenes are still progressing in hopes of revitalizing the struggling Terra network, with the second iteration of the blockchain set to launch on mainnet this week.
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