The once multi-billion dollar cryptocurrency enterprise, which was headquartered in the Bahamas, started unraveling after a CoinDesk article questioning the financials of FTX’s sister company Alameda Research led to a liquidity crunch in early November. On Tuesday, rival exchange Binance was looking to buy the embattled FTX before the deal was scrapped – the exchange is now seeking protection from bankruptcy in the U.S.
Yala, Bitcoin Liquidity Layer That includes Stablecoin Protocol, Raises $8M in Seed Spherical
Yala, a Bitcoin liquidity with a modular method that includes an overcollateralized stablecoin protocol, has raised $8 million in a...
