Is MicroStrategy the next FTX?
MicroStrategy doesn't appear to face significant immediate risks, its interest costs remain manageable, and financing is progressing well.
JinseFinanceMicroStrategy doesn't appear to face significant immediate risks, its interest costs remain manageable, and financing is progressing well.
JinseFinanceBitFlyer plans to acquire FTX Japan for billions of yen, aiming to reposition it as a digital asset management firm for institutional investors. FTX's restructuring involves selling subsidiaries to repay creditors, with ongoing disputes over cash versus crypto repayments.
ZeZhengWhile FTX Creditor's initiatives offer relief to claimants amidst market uncertainties, challenges persist, highlighting the intricate dynamics of the cryptocurrency landscape.
SanyaFTX wins court approval for Anthropic stake sale, advancing customer reimbursement efforts.
Xu LinIn a shrewd financial maneuver, Dave Inc. secured FTX Ventures' convertible debt at a discounted rate of $71 million. The completion of the deal is subject to court approval, with stringent conditions to prevent alternative transactions. Dave Inc.'s CEO, Jason Wilk, expresses confidence in the move, while FTT, FTX's native cryptocurrency, sees a 15% surge. FTT is currently trading at $2.99.
Cheng YuanThis crypto exchange presents a self-custodial solution that incorporates a multiparty computation technique, ensuring the utmost security for entrusted funds.
KikyoUS and CEO Chang Peng Zhao alleges market manipulation leading to FTX's collapse
BitcoinworldReport Provides High-Level Overview of Control Failures by Previous Management Team Across Critical Functions
Others
Coinlive Both the major crypto exchange and its U.S. arm closed on separate $400 million funding rounds in January.
Cointelegraph