Big news has just dropped in the ongoing saga surrounding the collapsed crypto exchange FTX. Basketball legend Shaquille O’Neal, often referred to …
FTX
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Finance
Liquidity shock set to hit crypto market as FTX unleashes 2% of stablecoin supply in $5B creditor payout
by shayaanby shayaanFTX has begun distributing over $5 billion in stablecoins to creditors, unleashing approximately 2% of the total stablecoin supply into the market. …
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The FTX Recovery Trust will begin distributing over $5 billion in cash and stablecoins to creditors starting on Friday, with funds expected …
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Markets
Altseason Loading? Analyst Explains How FTX $5B Distribution May Trigger The Next Bull Leg
by shayaanby shayaanReason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest …
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Coinbase user Data Hacked, FTX Repayments Coming, Bond Yields soar Coinbase user Data Hacked, FTX Repayments Coming, Bond Yields soar FOMO HOUR …
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The defunct cryptocurrency exchange partnered with Kraken and BitGo to facilitate the distribution of funds to creditors. FTX Recovery Trust will continue …
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Analysis
FTX Estate Fumbles $500,000,000 Investment As AI Coding Platform Cursor Now Valued at Nearly $1,000,000,000: Report
by shayaanby shayaanFTX bankruptcy liquidators sold its stake in the artificial intelligence (AI) coding platform Cursor for $200,000, missing a potential $500 million windfall, …
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Regulation
FTX Files Lawsuit Against Two Companies for Allegedly Failing To Return Assets as Part of Recovery Program
by shayaanby shayaanThe bankrupt crypto exchange FTX is suing two companies for allegedly not returning digital assets. In a new statement, FTX says that …
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Even after FTX collapse, the exchange isn’t stepping out of the spotlight. In the latest FTX News update, the bankrupt crypto exchange …
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Regulation
FTX Founder Sam Bankman-Fried Transferred to Low-Security Federal Prison in Los Angeles
by shayaanby shayaanThe incarcerated founder of bankrupt crypto exchange FTX is now detained in a correctional facility in Los Angeles, California. According to the …