Justin Sun proposes billion-dollar fund to save crypto
Sun is apparently keen to start a billion-dollar fund to save the entire crypto space in the midst of a 20% drawdown of most tokens.
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Sun is apparently keen to start a billion-dollar fund to save the entire crypto space in the midst of a 20% drawdown of most tokens.
Read more (2 min) →CoinShares says the sale will allow it to reinvest in growth opportunities and drive expansion and development in the digital asset sector.
FTX’s bankruptcy estate has been holding customers’ bitcoin that has quadrupled, yet it will only repay about $16,871 per coin.
FTX debtors have announced a new plan that would allow nearly all claimants a complete recovery, but some are still frustrated.
The most prominent exchanges where these liquidations occur are Binance, FTX, Okex, Bybit, Huobi, and CoinEx.
The FCA has issued a warning for a firm called FTX. A spokesperson for the crypto firm says it's likely an impersonation scam.