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News Explorer — FTX’s $3.4 Billion Crypto Portfolio Includes Solana, Bitcoin and Ethereum
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FTX’s $3.4 Billion Crypto Portfolio Includes Solana, Bitcoin and Ethereum
A court filing revealed that failed crypto exchange FTX owns $1.16 billion worth of Solana SOL tokens, making up over one-third of its total liquid crypto portfolio. FTX’s next largest crypto holdings include Bitcoin BTC at $560 million and Ether ETH at $196 million. The exchange also owns a separate stash of lesser-known tokens, including 10 billion Serum SRM tokens and 269 million Mango MNGO tokens.
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Sep 11, 9:51 am
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ApeCoin Plunges to New Low, Down 42% Over Last Month
ApeCoin, the token linked to the Bored Ape Yacht Club NFT collection, has reached a new all-time low, trading at 1.16. O… Read Summary
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Sep 11, 9:32 am
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Scammers from the UK Busted in Thailand for Stealing $2.7 Million From Over 3,000 Victims
Five foreign nationals have been arrested in Thailand for their involvement in a crypto scam that stole 76 million baht… Read Summary
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Sep 11, 9:06 am
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FTX’s $3.4 Billion Crypto Portfolio Includes Solana, Bitcoin and Ethereum
A court filing revealed that failed crypto exchange FTX owns $1.16 billion worth of Solana SOL tokens, making up over on… Read Summary
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Sep 11, 3:52 am
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Ex-Algorand Boss Steve Kokinos Tapped as CEO for Firm Buying Celsius
According to court filings, Steve Kokinos, the former CEO of Algorand, has been proposed as the CEO for Fahrenheit Holdi… Read Summary
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Sep 11, 3:42 am
DL News
FinCEN Urges Financial Institutions to Report Suspicious Activity Tied to Crypto ‘Pig Butchering’ Scams
The Financial Crimes Enforcement Network (FinCEN) has issued an alert urging financial institutions to report suspicious… Read Summary
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Sep 11, 3:18 am
Coindesk
Decentralized Exchange Sushi Expands to Aptos Blockchain
Sushi, a popular decentralized exchange (DEX), has expanded its services to the layer-1 blockchain Aptos. This marks the… Read Summary
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Sep 11, 1:53 am
Coindesk
Animoca Brands Raises $20 Million for ‘Mocaverse’ Metaverse Project
Animoca Brands has raised $20 million from a group of prominent Web3 investors, including CMCC Global, Kingsway Capital,… Read Summary
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Sep 10, 3:42 pm
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Hacker Steals Over $690,000 After Hijacking Vitalik Buterin’s Twitter Account
Ethereum creator Vitalik Buterin has been hacked on Twitter, resulting in the theft of 691,000 from users who clicked on… Read Summary
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Sep 10, 3:18 pm
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Shaq Got Nearly $750,000 From FTX Amid Millions In Celebrity Deals
Court documents reveal that FTX, the failed cryptocurrency exchange, paid out hundreds of thousands of dollars to celebr… Read Summary
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Sep 10, 11:09 am
Cointelegraph
FTX Sues LayerZero Labs to Recover $21 Million
FTX, the bankrupt crypto exchange, has filed a lawsuit against LayerZero Labs, seeking to recover $21 million in alleged… Read Summary
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Sep 10, 8:42 am
The Block
FTX’s Court Filing Reveals Payments to Celebrities Made Under Former CEO Sam Bankman-Fried
A court filing from FTX reveals details of marketing and sponsorship deals made under former CEO Sam Bankman-Fried, incl… Read Summary
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Sep 9, 1:15 pm
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Ted Cruz Says He Is a ‘Big Believer’ In Bitcoin Mining
Senator Ted Cruz has expressed his support for the Bitcoin mining industry in Texas, highlighting its benefits in enhanc… Read Summary
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Sep 9, 10:01 am
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Ripple to Acquire Crypto Custodian Fortress Trust
Ripple has announced its intention to acquire Fortress Trust, a web3-focused financial and technology infrastructure pro… Read Summary
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Sep 8, 10:28 pm
Cointelegraph
U.S. Rep Tom Emmer Slams SEC Chair Gary Gensler, Urges Congress to Clip the Agency’s Wings
Tom Emmer, the Majority Whip of the U.S. House of Representatives, has introduced an amendment criticizing SEC Chair Gar… Read Summary
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