Sam Reynolds / CoinDesk:
Binance announces a recovery fund to help “otherwise strong” projects facing a liquidity crisis; Justin Sun says Tron, Huobi, and Poloniex will support Binance — Tron founder Justin Sun said that Tron, Huobi Global and Poloniex will support Binance in its initiative.
Shaurya Malwa / CoinDesk:
Binance and Huobi block deposits of FTX’s native token, FTT, after 192M tokens worth ~$400M were released out of schedule and without warning — The tokens were illicitly released from FTT’s main deployer address. — Crypto exchanges Binance and Huobi blocked deposits of FTT …
Danny Nelson / CoinDesk:
Huobi, a top-10 crypto exchange by trading volume, has agreed to be acquired by Hong Kong-based About Capital; terms of the deal were not disclosed — The terms of the deal were not disclosed. — Crypto exchange Huobi Global, one of the biggest token trading outposts in the Asia markets …
Sam Reynolds / CoinDesk:
Binance’s mining service Binance Pool launches a $500M fund to provide 18-to-24-month loans for private and publicly listed Bitcoin miners — The entity is the latest to join the growing ranks of alternative lenders looking to provide capital to the distressed mining industry.
@cz_binance:
Binance CEO Changpeng Zhao says that the company signed a non-binding LOI to fully acquire FTX and help cover the liquidity crunch, pending due diligence — This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire https://ftx.com/ and help cover the liquidity crunch. We will be conducting a full DD in the coming days.
Eliza Gkritsi / CoinDesk:
Poolin, one of the world’s biggest bitcoin mining pools, suspends withdrawals from its wallet service, citing liquidity issues — Yesterday, the mining pool admitted to liquidity issues. — PoolinWallet, the wallet service of one of the world’s biggest bitcoin mining pools …
Reuters:
Milan-based app developer Bending Spoons, which makes Splice and Remini, raised $340M+ from Italian banks Intesa Sanpaolo and Banco BPM, Ryan Reynolds, and more — Italian app developer Bending Spoons has raised more than $340 million from investors including Hollywood actor Ryan Reynolds and Kerry Trainor …
Please confirm you want to block this member.
You will no longer be able to:
Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.
