Solana’s close ties to FTX cause financial and structural damage
Since it became clear that FTX and Alameda were struggling, the price of SOL has dropped over 50%, far greater than other network tokens.
Since it became clear that FTX and Alameda were struggling, the price of SOL has dropped over 50%, far greater than other network tokens.
The audit details how Luna Foundation Guard moved more than 52,000 bitcoin from its reserves to Jump Trading to defend the price of TerraUSD.
Genesis Trading’s crypto lending platform has shut down withdrawals amidst contagion from the collapse of FTX.
Sam Bankman-Fried says he’s gearing up for some kind of “restart” but the troubled former billionaire may have to look beyond crypto.
Robinhood customers have assets held and transactions processed by a labyrinth of opaque service providers, including Jump Crypto.