This Monday, Solana Foundation issued a report about its investments. In the paper, the company responsible for the Solana blockchain announced that it holds “tens of millions of dollars” in cryptocurrencies attached to FTX. Also, the foundation owns 3.25-million common stock shares in the exchange. Overall, the Solana Foundation held about $134 million in SRM […]
About: FBustos
Posts by FBustos:
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Solana (SOL) Had $134-Million Invested In The FTX Exchange
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CZ Announces A New, Industry Recovery Fund, After FTX Crash
The chaotic turn of events surrounding FTX left a strong feeling of mistrust about the world’s leading cryptocurrency exchanges. Due to the market value crash, several important cryptocurrency projects are on the verge of facing serious liquidity issues. With that in mind, Changpeng Zhao, Binance’s CEO, announced his company will develop a new “Industry Recovery […]
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Bahamas Police Are Now Investigating Sam Bankman-Fried
Every time it appears that the FTX case is over – a piece of new information emerges about the ongoing scandal. Now, the collapse of the FTX cryptocurrency exchange is under investigation by Bahamas authorities. Local officers are looking into whether any criminal conduct occurred, regarding the company and its CEO, Sam Bankman-Fried. The Royal […]
