Crypto Market Highlights News Of The Day
BlockFi Plans To File For Bankruptcy Protection
BlockFi is reportedly planning to file for bankruptcy due to its significant exposure to FTX and Alameda Research, whose debt collection has been troubled by FTX’s bankruptcy proceedings. The company had previously halted customer withdrawals. For more specific information, you can read the article below:
Sam Bankman-Fried Still Tries To Raise Fund For FTX
Former FTX CEO Sam Bankman-Fried spent the past weekend soliciting investment commitments because he believes he can raise enough money to compensate users. For more specific information, you can read the article below:
CEO Brian Armstrong Sells $1.6 Million Worth Of Coinbase Shares
A document filed by Coinbase with the US SEC shows that Coinbase CEO Brian Armstrong sold more than 30,000 A Coinbase shares for $1.6 million on November 11. For more specific information, you can read the article below:
Digital Surge Suspended Deposits And Withdrawals Due To The Impact Of FTX
Digital Surge, appears on the list of crypto exchanges affected by the regulation of FTX Australia. All customer deposits and withdrawals have been suspended until further notice. For more specific information, you can read the article below:
FTX Bankruptcy Caused About 500,000 Victims In Taiwan
Cryptocurrency platform FTX has declared bankruptcy, which has caused a huge shock in the currency world, an estimated 500,000 people in Taiwan suffered investment losses. The fact that the user’s money is still stuck in the exchange makes the user worried about its decrease in value and does not list asset trading losses. For more specific information, you can read the article below:
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