Singapore’s Temasek engages with FTX in liquidity crisis
Temasek invested in a series of FTX’s round findings that led to its $32 billion valuation in January.
Temasek invested in a series of FTX’s round findings that led to its $32 billion valuation in January.
The largest franchise in the world, Subway, is testing out the Lightning Network layer-2 Bitcoin payments solution and receiving encouraging results in Berlin, Germany.
BTC and altcoins continue to sell-off, hitting new yearly lows as the collapse of FTX begins to drastically impact investors across the entire crypto market.
The firm withdrew its remaining balance from FTX at the 11th hour and topped weekly fund outflows from the troubled exchange.
“People now think we are the biggest and will attack us more,” said Changpeng Zhao in a letter updating staff on the situation with FTX.
Further losses come in step with confusion over the future of FTX under Binance, while CPI data looms on the horizon.
The exposure amounts represents a small fraction of the firm’s $1.5 billion in liquidity.
Swedish researcher Eric Wall highlighted StarkNet’s influence on Ethereum’s scalability as he joins the board of the newly formed StarkNet Foundation.
There are at least four countries that have either scrapped or halted CBDC plans so far, and each central bank has its own reasoning for not launching one.
Fractional NFTs enable users to divide an NFT into multiple fractions, reducing the barrier to entry for investing in real-world assets.