Tag: FTX

On Tuesday, the cryptocurrency market went down because there were rumors that cryptocurrency exchange FTX might go bankrupt and questions about the health of its sister company, Alameda Research. When Binance founder Changpeng Zhao announced over the weekend that the business would liquidate its $FTT holdings, investor confidence was rattled. Multiple on-chain data sources show that clients of FTX, the third largest crypto exchange by volume,...