DeFi FTX was Solana’s Biggest Backer. What now? Solana's entire ecosystem was built, propped up, and in part reliant on FTX and Alameda Research. What now?
DeFi FTX Dies Following Bank Run & Collapse of Its Infinite Money Printing Scheme The FTX exchange collapsed because SBF allegedly stole funds from its depositors to fund his insolvent hedge fund, Alameda Research.
DeFi Infamous Crypto Bank Celsius Files for Bankruptcy Crypto lender and psuedo-bank Celsius just filed bankruptcy after weeks of turmoil, largely due to the fallout from Three Arrows Capital and UST.
DeFi Sam Bankman-Fried and the 1907 Knickerbocker Crisis Sam Bankman-Fried is taking a lesson from JP Morgan and the 1907 Financial Crisis by offering liquidity to distressed exchanges.
Weekly Newsletter 🔥 Everything is on Fire Everything is on fire this week---MATIC is burning tokens making it deflationary, Cardano's first DEX reports it won't work, Russia is all in on FUD, and SecretNetwork is funded.
Secret Network (SCRT) The Secret’s Out, It Only Cost $400M Secret Network (SCRT), the privacy-by-default smart contract blockchain, announced this week that it raised $400M from major investors to grow its ecosystem.