Miami HEAT Arena Balks at FTX Naming Rights, Ending 19-Year Deal Early
Mere hours after FTX filed for bankruptcy, the Miami HEAT and Miami-Dade County issued a joint statement announcing they were cutting ties with the now-disgraced Bahamas-based crypto exchange – effective immediately.
LBank Labs Establishes Blockchain and Crypto Investment Fund to Support Web3 in Africa
Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank Labs plans to establish a series of regional development funds, including regions such as Korea, South East Asia, and more. This is the first of the sequence of new investment funds from LBank Labs.
Soccer Superstar Lionel Messi Joins NFT Game Sorare as Investor and Brand Ambassador
Lionel Messi, one of the biggest Argentine soccer superstars, has announced his participation as an investor and brand ambassador in Sorare, an NFT (non-fungible token) game. Sorare hopes that Messi’s presence will improve the way in which the company relates to users, setting new standards in this regard. The economic details of the deal were not disclosed. ( By Sergio Goschenko)
Stocks Bounce. Is The Crypto Crash Over?
The long-term macro picture is still very bad. As a matter of fact, I think 2023 will be even worse than 2022.
Crypto.com Holds 20% of Its Reserves in Meme Token SHIB
Notable cryptocurrency exchange Crypto.com revealed today that it holds 20% of its reserves in the Shiba Inu (SHIB) token—a highly speculative “meme coin.”
Making Sense of FTX and Where We Go From Here
It’s highly unlikely anyone predicted the collapse of FTX in 2022.
Market Wrap: Bitcoin Returns to Red, Tumbling 7% on FTX Collapse
<b>FTX</b> crashed. Cryptocurrency prices tumbled on Friday as fretful investors returned to their defensive postures of earlier in the week.
FTX NFTs Provided Loophole For Non-Bahamas Residents Wanting To Withdraw Funds
The crypto exchange had re-enabled withdrawals on Thursday, but only in the Bahamas, the location of its headquarters and many employees. Some users without a Bahamian account themselves found a way to circumvent the system by using FTX’s NFT marketplace.
Crypto Lender Voyager Reopens Bidding Process Following FTX Bankruptcy
Crypto lender Voyager has reopened the bidding process for its assets following the bankruptcy of crypto exchange FTX, which had been expected to buy them.
FTX US Suspends Withdrawals, According to On-Chain Data
Following an announcement made 24 hours ago that FTX US may halt trading on its platform, <a href="https://etherscan.io/address/0x2faf487a4414fe77e2327f0bf4ae2a264a776ad2" target="_blank">on-chain data </a>reveals that the platform paused withdrawals from the United States-based platform on Nov. 11.
