The FTX estate is suing Binance and former CEO Changpeng Zhao for $1.76 billion, accusing them of a “fraudulent” share buyback that fueled FTX’s collapse. The suit claims Zhao’s statements on FTT liquidation caused mass withdrawals, ultimately leading to FTX’s downfall.
November 12, 2024
Tether’s Q3 report shows $7.7 billion in 2024 profits, $120 billion in USD₮ circulation, and a $6 billion reserve buffer. With $102.5 billion in U.S. Treasuries, Tether secures its position as a stablecoin leader, reinforcing liquidity and exploring investments in renewables, AI, and Bitcoin mining.
November 01, 2024
Understanding tokenomics is key to navigating the crypto space and avoiding costly mistakes. With these 8 insights, you'll learn how to evaluate projects, identify risks, and protect your investments from becoming exit liquidity for insiders.
October 07, 2024