Crypto Brokerage FalconX Discloses It Has Funds Stuck on FTX
Institutional crypto trading platform FalconX disclosed in a company blog post today that 18% of its "unencumbered cash equivalents" remain locked on FTX.
decryptInstitutional crypto trading platform FalconX disclosed in a company blog post today that 18% of its "unencumbered cash equivalents" remain locked on FTX.
decryptThe broker sees a significant liquidity impact on the crypto market in coming weeks, which will hurt the smaller tokens.
CoindeskIn the last few months, the company has reportedly cut over one-quarter of its staff, and concern has mounted since FTX’s collapse last week.
OthersProminent sports sponsorships signed by FTX are now falling through with the collapse of the company.
BeincryptoFTX.US is no longer part of the Crypto Council for Innovation, an industry lobby group.
OthersCryptocurrency adoption has changed significantly since the last World Cup, both in the former and current host countries.
BeincryptoCrypto exchange FTX President for its U.S. subsidiary Brett Harrison announced his resignation from his position.
BitcoinistRobinhood, the discount brokerage that promotes cryptocurrency trading among mainstream users, is said to be in trouble.
CointelegraphDacxi launches the ‘Dacxi Crypto Cup’ to give people the chance to prove their crypto-knowledge in a fantasy competition. Global ...
BitcoinistCrypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with Japanese regulators.”
Cointelegraph