News

The Future of Solana: Can the Project Recover from Its Recent Setbacks?

FTX really damaged the blockchain more than the slowdowns ever could Solana’s market cap falls below Litecoin’s, 94.9% drop for the year • The decline is due in part to...
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Coachella NFT Customers Lose Assets in Cryptocurrency Exchange Collapse

•FTX customers around the world have assets frozen on the cryptocurrency exchange after its sudden collapse last week, apparently to the tune of billions of dollars’ worth in total. •...
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FTX Hacked for Hundreds of Millions of Dollars in “Unauthorized” Withdrawals.

Several wallets belonging to FTX were drained.   TL:DR •Another hack occured on Friday night, wallets belonging to FTX were drained of hundreds of millions of dollars in coins. •...
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 FTX Exchange on the Brink of Bankruptcy Unless Given $10 billion

TL:DR •FTX is on the brink of bankruptcy unless it receives an injection of cash, CEO Sam Bankman-Fried reportedly told investors today. • Binance planned to purchase FTX amid a...
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•Solana (SOL) has lost over half its value in the past day, after FTX’s liquidity crisis was revealed.

TL:DR • The founders and developers are attempting to motivate users and help them weather the storm. • However, more trouble may be in sight, as nearly every major cryptocurrency...
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Binance Backs Out Of FTX Deal After Only 24 Hours

Binance CEO states FTX was riddled with way too many problems to solve •Binance has called off its plans to acquire FTX, one day after announcing its intent to do...
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Robinhood Stock Dips 20% 

News about FTX Cited as the reason for the drop. The Robinhood stock took a dip this morning at around 20% to $9.74 after news of the recent acquisition of...
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CZ Takes Over FTX In A Master Stroke Of Maneuvering

The Binance CEO now owns one of his biggest competitors after a series of very calculated moves These few days have been rather intense in the crypto sphere. Fear, uncertainty,...
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Many Theories Forming For The Plummeting Price Of Solana

TL:DR •Solana’s SOL token was one of the biggest losers in digital-asset markets on Monday, plunging 4.7%. • Crypto analysts speculated there might be a connection to the recent drama...
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The Price of BITDAO’s Native Token Drops, Alameda Research Fulfills Request for Proof of Funds

Alameda satisfied BitDAO’s proof-of-funds request after the billion-dollar DAO questioned the sudden slump in its native token’s price TLDR: •Alameda Research, the trading firm founded by crypto billionaire and FTX...
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