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FTX US Resigns From the Crypto Council for InnovationFTX US has resigned from the crypto_council, an industry trade association based in Washington, D.C. cheyenneligon reports
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Wintermute says it has funds on crypto exchange FTX, but it's not 'significant'Crypto market maker Wintermute has funds stuck on embattled crypto exchange FTX, the firm said.
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How Crypto Giant FTX Suddenly Imploded - The Journal. - WSJ PodcastsOnce a leader in the world of cryptocurrency, Sam Bankman-Fried’s crypto exchange FTX is scrambling for funds. It’s now facing a shortfall of $8 billion after Binance walked away from a rescue attempt. WSJ’s Caitlin Ostroff on what this means for the crypto ecosystem. Further Reading: -Tensions Between Crypto Giants FTX, Binance Spill Into Public View -Binance’s Deal for Rival FTX Marks Power Shift Amid Crypto Turmoil -The 30-Year-Old Spending $1 Billion to Save Crypto Further Listening: -The Rise of Binance - And The Effort to Reel it In -The ‘Death Spiral’ of a Stablecoin
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The State of Crypto in Nigeria — A Special Report on Crypto Adoption Rate, CBDC and Crypto Ban. | CoinMarketCapData gathered three months after the launch showed the e-Naira app was still downloaded nearly 700,000 times from 160 countries & had supported 35,000 transactions. More on the state of Crypto in Nigeria 👇
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Why Is Crypto Tanking: The FTX-Binance Drama ExplainedThe world’s largest crypto exchange, Binance reversed course on a plan to bail out competitor FTX in an event that has shocked the crypto industry and is catching the attention of regulators.
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