FTX's 'Effective Altruism' Future Fund Team Resigns
Regulation

FTX's 'Effective Altruism' Future Fund Team Resigns

November 11, 2022 0

In an open letter, the team says they are unable to perform their work or process grants and has “fundamental questions” about the legitimacy and integrity of business operations. Source link

FTX Collapse Sparks Alarm From US Lawmakers
Regulation

FTX Collapse Sparks Alarm From US Lawmakers

November 11, 2022 0

“For four years, under my leadership as Chairwoman, the Committee on Financial Services has led the way in examining and investigating the cryptocurrency marketplace. This includes the Committee’s formation of Congress’ first-ever Task Forces on […]

Regulation

FTX-Backed Crypto Unicorn LayerZero Bought Out Stake

November 11, 2022 0

LayerZero currently has about $107 million in direct cash balance and $27 million in on-chain funds primarily in stablecoins for a total of $134 million. An additional $11.5 million was on FTX and used operationally, […]